Nu Skin announced its third quarter financial results for 2024. Revenue during the quarter was $430.1 million, down from $498.8 million in the same period of 2023. Gross margin was 76.5%, compared to 76.8% in Q3 2023.
Nu Skin announced its financial results for the second quarter of 2024, reporting revenue of $439.1 million, compared to $500.3 million in the same quarter last year. Total customer numbers declined 14% to 893,514 while sales leaders and paid affiliates declined 16% and 17% respectively.
At a service event hosted at the Salt Palace Convention Center in Utah, Nu Skin Enterprises welcomed its sales leaders as well as representatives from local organizations MTN OPS, Utah Jazz, Hunger Fight, Convoy of Hope and Ashbury Automotive Group to fill the convention center as they packed 550,000 healthy meal kits to support children dealing with food insecurity across the US.
Nu Skin’s 2023 Social Impact and Sustainability Report showed the company’s strides in its effort to prioritize its positive environmental and social impact. Nu Skin’s philanthropic organization, the Nu Skin Force for Good Foundation, was central to these initiatives, supporting children around the world and aiding in the preservation of more than 1.4 million acres of natural habitats to date.
Nu Skin Enterprises Inc. announced its financial results for the first quarter of 2024, posting a year-over-year decline in revenue from $481.5 million in Q1 2023 to $417.3 million. Gross margin during the quarter was 70.5%, compared to 72.3% in the same quarter last year.
Nu Skin Enterprises Inc. announced its fourth quarter and full year 2023 financial results. Fourth quarter revenue for the company fell by 6% from the previous year’s quarter to $488.6 million.
Nu Skin Enterprises, Inc. celebrated the opening of its new manufacturing facility in Shanghai, China. The new 440,000 square feet building is expected to quadruple production capacity and improve supply chain responsiveness for its businesses in China and other Asian markets.
Nu Skin Enterprises Inc. reported third quarter 2023 revenue of $498.8 million, a 7% decline from the same period in 2022. Customer numbers declined by 21% to 978,907 with sales leader numbers dipping by 6% to 47,031. “Our third quarter results were softer than expected as persistent macro-economic challenges in several of our key markets […]
For the sixth year in a row, Nu Skin Enterprises, Inc. has been recognized by Euromonitor International Ltd., a comprehensive market research firm, as the number one brand for beauty device systems. This honor is determined based on Euromonitor’s custom research and methodology.
Nu Skin Enterprises, Inc. announced its second quarter financial results for 2023, including revenue of $500.3 million, a $16.4 million decrease from the same period in 2022. Earnings per share (EPS)in the quarter were $0.54, compared to $0.67 in the second quarter of last year.
Nu Skin Enterprises, Inc. released its fourth quarter and full year financial report for 2022, posting Q4 revenue of $522.3 million and Earnings Per Share of $1.15. Customers in the quarter totaled 1.1 million, a 16% decline from the same quarter of 2021, with paid affiliates and sales leaders decreasing by 13% and 21% respectively over the previous year’s quarter.
Under Napierski’s leadership, Nu Skin is preserving the “heritage” elements of the brand—the original mission, product philosophy, business opportunity and purpose-driven culture—but it’s taking a hard look at any “legacy” aspects that no longer serve the company’s vision.
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