Nu Skin Q4 Loss Narrows on Improved Sales
PROVO, Utah -- Nu Skin Enterprises Inc. (NUS) reported a narrower loss for its fourth quarter, driven by increased revenue.
Key Highlights:
* Q4 loss of $36.1 million, or $0.73 per share
* Adjusted earnings per share of $0.38
* Revenue of $445.6 million
* Full-year loss of $146.6 million, or $2.95 per share
* Full-year revenue of $1.73 billion
Outlook:
* Q1 earnings per share: $0.10 to $0.20
* Q1 revenue: $345 million to $365 million
* Full-year earnings per share: $0.90 to $1.30
* Full-year revenue: $1.48 billion to $1.62 billion
The company noted improved performance in its core markets of the Americas, EMEA, and APAC. It expects continued growth in the coming quarters, driven by the strength of its direct-selling model and the launch of new products.