Welcome to our dedicated page for Nu Skin Enter news (Ticker: NUS), a resource for investors and traders seeking the latest updates and insights on Nu Skin Enter stock.
Nu Skin Enterprises, Inc. (NYSE: NUS) is an integrated beauty and wellness company whose news flow centers on product innovation, device launches, financial performance and global expansion. The company’s public updates highlight its focus on beauty and wellness device systems, nutritional products and anti-aging brands sold through a dynamic affiliate opportunity platform in nearly 50 markets worldwide.
News about Nu Skin often includes announcements of quarterly and full-year financial results, where management discusses revenue, earnings per share, regional performance and non-GAAP metrics such as constant-currency revenue change and adjusted EPS. These releases are frequently accompanied by conference call and webcast details, giving context on operating trends, segment results for the Nu Skin and Rhyz businesses, and guidance ranges.
Another key category of NUS news involves product and technology developments. Recent communications have featured the introduction of Prysm iO, an AI-powered intelligent nutritional wellness platform that measures carotenoid levels through a non-invasive finger scan and connects with Prysm-certified supplements. Nu Skin also issues updates about its portfolio of beauty and wellness device systems and recognition from third parties, such as rankings from Euromonitor International Ltd. for at-home beauty and wellness device systems.
Investors and followers of NUS can also expect news on strategic initiatives, including pre-market and launch activities in emerging markets like India, and commentary on regional trends such as growth in Latin America. Conference participation, moderated fireside chats and strategy discussions at industry events are additional sources of information on the company’s direction. Bookmark this page to monitor Nu Skin’s earnings releases, device and product announcements, geographic expansion updates and other material developments reflected in its news coverage.
On June 14, 2022, Nu Skin celebrated its 19th annual Force for Good Day, focusing on humanitarian efforts to improve children's lives worldwide. Over 1,000 employees participated in 15 service projects, collaborating with 10 charity partners in Utah. Key initiatives included helping families with rare genetic disorders in Europe, conducting a cooking class in Hong Kong, and organizing food drives in Japan. The event emphasized inclusivity and aimed to support vulnerable populations and youth. For more details, visit Nu Skin's official release.
Nu Skin Enterprises, Inc. (NYSE: NUS) will present at the Stifel Cross Sector Insight Conference on June 9, 2022. President and CEO Ryan Napierski, and CFO Mark Lawrence will discuss the company's Nu Vision 2025 strategy and trends in the beauty and wellness sector. The presentation begins at 3:35 p.m. ET and will be webcast live, with an archive available until June 23, 2022. Nu Skin operates globally, focusing on innovative beauty and wellness products while committing to sustainability initiatives aimed at reducing product packaging by 2030.
Nu Skin has joined the EcoBeautyScore Consortium, a collective of over 40 global beauty brands, aiming to create an industry-standard environmental impact assessment for cosmetics. The initiative seeks to enhance consumer transparency regarding the environmental footprint of beauty products. Nu Skin plans to leverage its previous experience with its internal scoring system to contribute to the consortium's goals. The prototype scoring system is expected to be finalized by the end of the year, promoting sustainable practices in the beauty industry.
Nu Skin Enterprises reported Q1 2022 revenue of $604.9 million, down 11% year-over-year, with an EPS of $0.76, a 16% decline. Customer counts fell by 13% to 1,321,451, and paid affiliates decreased 14%. Despite challenges from COVID-related disruptions and geopolitical conflicts, new product launches drove growth in several markets. The company adjusted its 2022 revenue guidance to $2.51 to $2.62 billion. Q2 2022 revenue is forecasted between $590 to $620 million.
Nu Skin Enterprises (NUS) announced a quarterly cash dividend of $0.385 per share, to be paid on June 8, 2022, for shareholders on record as of May 27, 2022. This decision reflects the company's ongoing commitment to returning value to shareholders. Nu Skin operates in approximately 50 markets globally, offering a diverse range of beauty and wellness products backed by over 35 years of scientific research. The company also emphasizes sustainability efforts, aiming for reduced and sustainable packaging by 2030.
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Nu Skin Enterprises (NYSE: NUS) will release its first quarter results on May 4, 2022, after market close. A conference call is scheduled for 5 p.m. ET to discuss the quarterly results and future business initiatives. The company is renowned for its beauty and wellness products, supported by over 35 years of scientific research, including brands like ageLOC and Pharmanex. Operating in around 50 markets globally, Nu Skin emphasizes sustainability and community health through its initiatives.
Nu Skin Enterprises (NYSE: NUS) has been awarded two Communitas Awards for its excellence in community service, corporate social responsibility, and environmental responsibility. Recognized for its initiatives to combat malnutrition and promote wellness for children, Nu Skin's efforts also focus on reducing its carbon footprint and expanding sustainability commitments through 2030. Chief Reputation Officer Ruth Todd emphasized the company’s dedication to enhancing its community service and environmental impact in the future.
Nu Skin Enterprises (NYSE: NUS) announced a donation of nearly $100,000 to MCE Social Capital as part of International Women's Day. The funds will support women entrepreneurs in developing countries through microloans. Since 2006, MCE has impacted over 9 million people, with 73% being women. The donation results from previous sales of the ageLOC LumiSpa device. With a focus on sustainability, this initiative aligns with Nu Skin’s mission to empower individuals and promote economic opportunities for underserved communities.
Nu Skin Enterprises reported a Q4 2021 revenue of $673.4 million, down 10% year-over-year, with an EPS of $(0.18). Annual revenue for 2021 was $2.70 billion, a 4% increase, but EPS dropped 21% to $2.86. The company projected Q1 2022 revenue between $560 million and $590 million, reflecting a 13% to 17% decline. Despite challenges in Asian markets, U.S. growth reached 32% for 2021. Looking ahead, Nu Skin aims for a revenue range of $2.66 billion to $2.77 billion for 2022, with a focus on technology investment to support affiliates.
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