Why Nu Skin Enterprises Stock Plunged Today
Nu Skin(NUS) The Motley Fool·2024-02-15 22:46Shares of Nu Skin (NUS -20.71%) fell 20.7% on Thursday as weak forward guidance overshadowed a better-than-expected quarterly update from the personal care and dietary products company.Nu Skin battles macro headwinds amid restructuring effortsFor its fourth quarter of 2023, Nu Skin's revenue declined 6% year over year to $488.6 million, translating to adjusted (non-GAAP) earnings of $0.37 per share. By comparison, most analysts were looking for significantly lower earnings of $0.28 per share on revenue of $ ...