Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Nu Skin Reports Record First Quarter Results - Beauty Packaging

What are you searching for?

Sign in
Beauty Industry, Mergers and Acquisitions

Nu Skin Reports Record First Quarter Results

The company has reported a revenue increase.

Author Image

By: Jamie Matusow

Editor-in-Chief

Nu Skin Enterprises, Inc. has announced record first-quarter results with revenue of $671.1 million, a 24 percent improvement over the prior-year period.

Revenue was negatively impacted 4 percent by foreign currency fluctuations. Earnings per share for the quarter were $1.05, representing a 17 percent year-over-year improvement.

Truman Hunt, president and chief executive officer, commented:

“We are pleased to report record first-quarter results, generating year-over-year growth in all five of our regions. Our results are particularly encouraging given the business disruption we experienced in China during the first quarter, as well as currency headwinds we faced in many markets. With respect to China, our team took aggressive, proactive steps to address media and regulatory concerns in a timely manner. While these first-quarter events in China will have a negative impact on 2014 results, we are now focused on generating sustainable, long-term growth.”

Add us as a preferred source on Google

Get the latest Beauty Packaging news, insights and analysis in your Google Search and AI experiences.

Add Beauty Packaging as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Beauty Packaging Newsletters

Topics