Earnings ·
Nu Skin reports Q3 revenue of $311.0M and EPS loss of $(0.02)
NUSNU Skin Enterprises, Inc.
Nu Skin Enterprises reported third-quarter revenue of $311.0 million, a 14.6% decline from the prior-year period, with earnings per share of $(0.02). The company saw customer counts drop 18% to 609,469 and paid affiliates fall 10% to 116,449. Gross margin contracted to 65.0% from 70.5%, while operating expenses remained elevated relative to sales. Management provided fourth-quarter revenue guidance of $310 million to $340 million and full-year EPS estimates ranging from a loss of $(5.08) to $(4.98). Nu Skin Enterprises operates in the beauty and wellness industry, selling personal care and nutritional products through an affiliate direct-selling model.