Source: Press Release 7/26/2012

Nu Skin Enterprises Reports Record Second Quarter Results

PROVO, Utah, July 26, 2012 -- Nu Skin Enterprises, Inc. today announced record second-quarter results with revenue of $593.2 million, a 40 percent improvement over the prior-year period. Revenue was negatively impacted 2 percent from foreign currency fluctuations. Earnings per share for the quarter increased 45 percent to $0.94, compared to $0.65 in the prior year.

"Once again, we are pleased to announce record quarterly results, highlighted by the most successful regional product launch in our history that boosted revenue by more than 150 percent in Greater China and 66 percent in South Asia," said Truman Hunt, president and chief executive officer. "The tremendous launches of our latest ageLOC products generated approximately $165 million in product orders, with $140 million reported in revenue during the quarter and the balance to be shipped in the third quarter. Our product innovation is energizing our customer base and sales force, as demonstrated by strong growth in both our actives and executive distributors.

"While emerging markets continue to drive significant growth, we are also very pleased with results in our mature markets during the second quarter, including local-currency revenue improvements of 21 percent in the Americas and 20 percent in Europe. We also saw positive trend improvements in Japan.

"Our overall profitability continued to improve as we generated a 16.5 percent operating margin during the quarter. In addition, we utilized the strength of our balance sheet to repurchase approximately 2.4 million shares for $108 million," said Hunt.

View Nu Skin Enterprises Review

Related News

  • Nu Skin Celebrates Global Humanitarian Efforts with 12th Annual Force For Good Day
    PROVO, Utah, June 4, 2015 -- Nu Skin Enterprises, Inc. is celebrating its annual Force for Good Day with a number of humanitarian projects focused on improving the lives of children around the world.

    "Nu Skin's annual Force for Good Day celebration has become a tradition where our global empl...  Read More...

  • Nu Skin Announces Launch Of Epoch Essential Oils
    PROVO, Utah, March 3, 2015 -- Nu Skin Enterprises, Inc. today announced the upcoming introduction of Epoch® Essential Oils in the United States, Canada and Latin America. Nu Skin also plans to introduce essential oils in China and Europe later this year. The essential oils can be used topically or ...  Read More...
  • Nu Skin Shares Fall On China News Claims
    January 18, 2014--Nu Skin's stock fell more than 40% this week after a scathing story in China's state-run People's Daily compared Nu Skin's training methods for new sales reps to "brain washing" and suggested it operates an illegal pyramid scheme. The article also said China's State Administration ...  Read More...
  • Nu Skin Receives Awards For Growth And Innovation
    PROVO, Utah, Nov. 11, 2013 -- Nu Skin Enterprises today announced it has received several prestigious awards recognizing the company's business performance, management team and product innovation. The company's most recent accolades come from The Golden Bridge Awards and The Consumer World Awards. <...  Read More...


Nu Skin Enterprises News Archive

New Companies on Npros

Receive News and
Updates from

 Send me news updates
 Send me New Companies

RSS Npros News Feed