Nu Skin Enterprises, Inc. Provides Earnings Guidance for the First Quarter and Full Year 2024
February 14, 2024 at 04:05 pm EST
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Nu Skin Enterprises, Inc. provided earnings guidance for the first quarter and full year 2024. For the first quarter, company projects revenue of $400 Million to $435 million, assuming a negative foreign currency impact of approximately 3%, with reported earnings per share of $(0.07) to $0.03 .
For the year, company expects annual revenue guidance is $1.73 Billion to $1.87 billion, with an approximate 1% foreign currency headwind. Company anticipated reported EPS of $0.75 to $1.15 .
Nu Skin Enterprises, Inc. is an integrated beauty and wellness company. The Company develops and distributes a comprehensive line of beauty and wellness solutions in approximately 50 markets worldwide. The Company has three brands, Nu Skin, a beauty brand; Pharmanex, a wellness brand; and ageLOC, an anti-aging brand. It develops and distributes products in two categories, beauty products and wellness products. The Company operates through seven segments: Mainland China; South Korea; Southeast Asia/Pacific, which includes Indonesia, Malaysia, the Philippines, Singapore, Thailand, Vietnam, Australia, New Zealand and other markets; Americas, which includes Canada, Latin America and the United States; Japan; Hong Kong/Taiwan, which also includes Macau; and Europe, Middle East and Africa, which includes markets in Europe, as well as Israel and South Africa. The Companyâs Rhyz strategic investment arm also includes two additional segments: Manufacturing and Rhyz other.