earnings
confidence high
sentiment negative
materiality 0.70
Nu Skin estimates Q3 revenue $637-642M, below expectations due to delta variant disruptions
NU SKIN ENTERPRISES, INC.
2021-Q3 EPS reported
$3.03
revenue$2,022,233,000
- Estimated Q3 2021 revenue between $637M and $642M, softer than anticipated.
- Delta variant caused unexpected disruptions, especially in Mainland China and Southeast Asia, impacting sales and promotions.
- U.S. Collagen+ launch drove strong growth; Tencent digital tools introduced in China during the quarter.
- Full Q3 results and revised 2021 guidance to be announced on November 3, 2021.
- Annual 2021 revenue expected to be up modestly year over year, management remains confident in strategy.