Nu Skin Enterprises, Inc. Reiterates Earnings Guidance for the Fourth Quarter 2015 and Provides Earnings Guidance for the Year 2016
January 18, 2016 at 06:24 pm
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Nu Skin Enterprises Inc. has reiterated its fourth quarter 2015 revenue guidance range of $570 million to $590 million. The company expects earnings per share to be in the range of $0.70 to $0.73 for the fourth quarter of 2015.
The company anticipates 2016 revenue of $2.29 to $2.33 billion representing growth of 5% to 7% in local currency, with a projected negative foreign currency impact of 4%. Earnings per share in 2016 are estimated to be $3.25 to $3.40.
Nu Skin Enterprises, Inc. is an integrated beauty and wellness company. The Company develops and distributes a comprehensive line of beauty and wellness solutions in approximately 50 markets worldwide. The Company has three brands, Nu Skin, a beauty brand; Pharmanex, a wellness brand; and ageLOC, an anti-aging brand. It develops and distributes products in two categories, beauty products and wellness products. The Company operates through seven segments: Mainland China; South Korea; Southeast Asia/Pacific, which includes Indonesia, Malaysia, the Philippines, Singapore, Thailand, Vietnam, Australia, New Zealand and other markets; Americas, which includes Canada, Latin America and the United States; Japan; Hong Kong/Taiwan, which also includes Macau; and Europe, Middle East and Africa, which includes markets in Europe, as well as Israel and South Africa. The Companyâs Rhyz strategic investment arm also includes two additional segments: Manufacturing and Rhyz other.