Nu Skin Enterprises, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 04, 2022 at 04:06 pm EDT
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Nu Skin Enterprises, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 560.62 million compared to USD 704.06 million a year ago. Net income was USD 34.24 million compared to USD 59.34 million a year ago. Basic earnings per share from continuing operations was USD 0.68 compared to USD 1.18 a year ago. Diluted earnings per share from continuing operations was USD 0.67 compared to USD 1.15 a year ago.
For the six months, sales was USD 1,165.51 million compared to USD 1,381.08 million a year ago. Net income was USD 72.95 million compared to USD 106.77 million a year ago. Basic earnings per share from continuing operations was USD 1.45 compared to USD 2.12 a year ago. Diluted earnings per share from continuing operations was USD 1.43 compared to USD 2.06 a year ago.
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.
NU SKIN ENTERPRISES, INC. 
