Nu Skin Enterprises, Inc. released its second quarter 2021 financial results, revealing a 15% increase in revenue over the same quarter last year. Total revenue for the quarter was $704.1 million, with a 42% growth in earnings per share (EPS), which now stands at $1.15.
Nu Skin Enterprises, Inc. announced record-breaking revenue amounts for the first quarter of 2021 reaching $677 million, with earnings per share in the quarter increasing 153%, to $0.91. Recruiting held strong for the company, with a 22% increase in distributors, totaling more than 60,000 in number. Customers increased 34%, to more than 1.5 million people.
Nu Skin Enterprises announced Ryan Napierski has been selected by the Nu Skin Board of Directors to become the company’s next president and chief executive officer. Napierski, who currently serves as the company’s president, will succeed Ritch Wood upon his retirement effective September 1, 2021. Wood will continue as an executive advisor through the beginning […]
Nu Skin Enterprises, Inc. announced its fourth quarter and year-end results. Fourth quarter 2020 revenue grew 28%, with 94% earnings per share (EPS) growth, totaling $748.2 million. Full-year revenue was $2.58 billion, a 7% increase, with EPS growth rising 17% to $3.63. “Our strong fourth-quarter results were driven by exceptional customer growth of 34 percent […]
Nu Skin announced the acquisition of 3i Solutions, a manufacturer specializing in proprietary encapsulation technology. This addition is expected to allow Nu Skin to increase its beauty and wellness formulation performance by drawing from the company’s proprietary research and processes. “3i Solutions has some of the deepest experience and knowledge in the industry of encapsulating […]
Nu Skin announced it has completed its goal, set in 2019, to assess, score and improve the environmental impact score of its top 20 products. The company’s initial changes are estimated to have saved at least 16.5 tons of paper and 21 tons of plastic during 2020. The company’s previously announced sustainability efforts are also […]
Nu Skin Enterprises, Inc. announced third-quarter revenue results of $703.3 million, a 19 percent increase year-over-year. “We continued to build momentum with accelerated results in the third quarter, as we generated revenue and earnings per share well above expectations,” said Ritch Wood, chief executive officer. “As we executed on our long-term strategy, we drove double-digit […]
Nu Skin President Ryan Napierski has been appointed chairman of the Advocacy Committee for the World Federation of Direct Selling Associations (WFDSA). Napierski will lead the organization’s efforts to advocate on behalf of the direct selling industry to key external stakeholders. “We look forward to benefitting from Ryan’s leadership and ability to develop innovative strategies […]
Nu Skin announced additional sustainability pledges focusing on zero-waste. The new pledges come during Utah Climate Week and support the Utah Sustainability Business Coalition’s call for companies to make measurable sustainability pledges to support the environment. The company pledged to decrease its waste an additional 30 percent at its global headquarters and committed to educating 100 percent […]
As part of the company’s annual Force for Good Day, Nu Skin is sponsoring projects in markets where the company operates. COVID-19 has increased the global humanitarian needs, and Nu Skin employees and sales leaders are once again stepping up their efforts around the world to give back to those communities where they live and […]
Nu Skin Enterprises, Inc. announced second-quarter results above expectations and raised its revenue and earnings per share guidance for 2020. For the second quarter ended June 30, 2020, the Provo, Utah-based company reported revenue of $612.4 million, down 2 percent from $623.5 million in Q2 2019. Sales leaders declined 9 percent for the quarter to […]
Nu Skin Enterprises reported it estimates revenue for the second quarter of 2020 to be approximately $603 to $608 million. The company previously forecasted second-quarter revenue of $520 to $550 million. “We are pleased to report that our expected revenue for the second quarter is well ahead of our previous guidance, driven by strong global customer […]