Nu Skin(NUS)
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NUS Stock Hurt by Customer Acquisition Challenges: How to Play Ahead?
ZACKS· 2024-09-10 14:50
Nu Skin Enterprises, Inc. (NUS) continues to grapple with significant headwinds, ranging from persistent macroeconomic challenges to a sluggish direct selling environment. These pressures, compounded by unexpected foreign currency fluctuations, have weighed heavily on the company’s performance, particularly in its premium product lines.All of these factors led to a drab second-quarter 2024 performance. Considering the company’s first-half 2024 performance and rising foreign exchange headwinds, management al ...
Mavely Achieves Major Milestones: $675M+ Run Rate with Increased Growth and Creator Payouts
Prnewswire· 2024-08-27 14:30
Everyday Influencer Platform® Continues to Help Drive Sales at Scale for the World's Leading BrandsCHICAGO, Aug. 27, 2024 /PRNewswire/ -- Mavely, the Everyday Influencer Platform®, today announces remarkable achievements, underscoring its position as a rapidly growing player in the influencer marketing industry. With incredible growth and significant financial milestones in the first half of 2024, Mavely continues its momentum to empower people to monetize their content by promoting the world's favorite bra ...
Nu Skin (NUS) Down 28% in 3 Months: What's the Next Best Move?
ZACKS· 2024-08-20 15:15
Nu Skin Enterprises, Inc. (NUS) has not been in its best shape lately, with its shares down 27.7% in the past three months compared with the industry’s 21.3% decline. Additionally, this beauty and wellness product company has trailed the broader Zacks Consumer Staples sector and the S&P 500’s respective growth of 1.2% and 4.2%. Despite being a prominent player in the beauty and wellness industry, Nu Skin has struggled to navigate a series of macroeconomic headwinds that have dampened consumer spending, part ...
Why Nu Skin Enterprises Stock Flopped on Friday
The Motley Fool· 2024-08-09 22:36
The company's guidance for its current quarter fell short of expectations.The stock of wellness and beauty company Nu Skin Enterprises (NUS -3.17%) wasn't looking particularly fresh and beautiful on the last trading day of the week. The shares lost over 3% of their value on the day, following the company's release of its second-quarter results. The rest of the stock market generally did better, with the S&P 500 index recording a gain of just under 0.5%.Second-quarter results unveiledShortly after market clo ...
Nu Skin (NUS) Trims FY24 View Despite Q2 Earnings Beat
ZACKS· 2024-08-09 14:31
Nu Skin Enterprises, Inc. (NUS) posted second-quarter 2024 results, with the top and the bottom line surpassing their respective Zacks Consensus Estimates. However, earnings and net sales declined year over year amid a dynamic macroeconomic environment. Taking into account the company’s first-half 2024 performance and rising foreign exchange headwinds, management is narrowing the annual guidance range.That said, the company is refining the operating model through via transformation and continued focus on co ...
Nu Skin(NUS) - 2024 Q2 - Quarterly Report
2024-08-09 00:57
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Class A Common Stock, $.001 par value NUS New York Stock Exchange FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _____________ TO _________ ...
Nu Skin Enterprises (NUS) Q2 Earnings and Revenues Surpass Estimates
ZACKS· 2024-08-09 00:56
Nu Skin Enterprises (NUS) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.54 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 16.67%. A quarter ago, it was expected that this seller of skin care and nutritional products through a direct-selling model would post earnings of $0.05 per share when it actually produced earnings of $0.09, d ...
Nu Skin(NUS) - 2024 Q2 - Quarterly Results
2024-08-08 20:15
Exhibit 99.1 FOR IMMEDIATE RELEASE Nu Skin Enterprises Reports Second Quarter Results PROVO, Utah — Aug. 8, 2024 — Nu Skin Enterprises Inc. (NYSE: NUS) today announced second quarter results in line with topline guidance. Executive Summary Q2 2024 vs. Prior-year Quarter | --- | --- | |--------------------------------|--------------------------------------------------------------------------------------------------------| | | | | Earnings Per Share (EPS) | $(2.38) or $0.21 excluding restructuring and impairm ...
Nu Skin (NUS) Navigates a Tough Landscape on Growth Strategies
ZACKS· 2024-07-09 15:06
Nu Skin Enterprises, Inc. (NUS) has lately been dealing with challenges related to customer and affiliate acquisition stemming from a tough macroeconomic landscape. Volatile foreign currency movements have also been weighing on the company’s performance. The global macroeconomic situation is likely to remain difficult in the near term, which is also reflected in the company’s view for 2024.Nu Skin anticipates 2024 revenues in the band of $1.73-$1.87 billion for 2024, which suggests a 12-5% decline from the ...
Nu Skin (NUS) Troubled by Customer Acquisition Challenges
ZACKS· 2024-06-20 14:35
Nu Skin Enterprises, Inc. (NUS) appears in troubled waters. The company has been battling persistent macroeconomic headwinds across most regions, which has affected customer and affiliate acquisition.Additionally, greater-than-expected foreign currency headwinds weighed on Nu Skin's first-quarter 2024 performance. Management expects the global macro landscape to remain difficult in the near term, leading to a drab 2024 view. The Zacks Consensus Estimate for 2024 earnings per share has declined from $1.13 to ...