Nu Skin Enterprises, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2023
November 01, 2023 at 04:06 pm EDT
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Nu Skin Enterprises, Inc. provided earnings guidance for the fourth quarter and full year of 2023. For the fourth quarter, the company expects revenue in the range of $440 to $480 million and EPS of $(0.14) to $0.01.
For the year, the company expects revenue in the range of $1.92 to $1.96 billion and EPS of $(0.10) to $0.05.
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.