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.
Included in the list are global powerhouse brands, including Procter & Gamble at number one. Among these household names, ten direct selling companies were listed.
Nu Skin will host its 20th annual Force for Good Day, celebrating opportunities to give back to its local and global communities. This year’s event will focus on supporting children battling illnesses in hospitals or undergoing surgery.
Nu Skin announced its financial results for the first quarter of 2023, reporting $481.5 million in revenue, compared to $604.9 million during the same quarter of last year.
Nu Skin released its 2022 Social Impact and Sustainability Report, illustrating the company’s progress on its environmental, social and governance initiatives and the efforts of its nonprofit foundation, The Nu Skin Force for Good Foundation.
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.
Nu Skin Enterprises, Inc. achieved a new milestone of providing 800 million meals for children through its Nourish the Children (NTC) initiative since its launch in 2002.
Scientists associated with Nu Skin Enterprises participated in the 76th Annual Scientific Meeting & Showcase of the Society of Cosmetic Chemists in Los Angeles, discussing the latest research in the cosmetics and personal care industry.
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