Nu Skin Enterprises, Inc. Provides Earnings Outlook for the First Quarter and Full Year 2022
February 16, 2022 at 07:00 am EST
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Nu Skin Enterprises, Inc. provided earnings outlook for the first quarter and full year 2022. For the quarter, the company expected revenue of $560 to $590 million;
(13) to (17)%. EPS will be $0.65 to $0.75; (18) to (28)%.
For the year, the company expected revenue of $2.66 to $2.77 billion; (1) to 3%. EPS will be $4.05 to $4.45; +42 to 56% on a reported basis.
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.