earnings
confidence high
sentiment negative
materiality 0.80
Nu Skin Q2 revenue falls 20% to $560.6M; cuts FY guidance, plans restructuring
NU SKIN ENTERPRISES, INC.
2022-Q2 EPS reported
$1.43
revenue$1,165,514,000
- Revenue of $560.6M, down 20% YoY; adjusted EPS of $0.77 (ex. Grow Tech) vs $1.15 prior year.
- Paid affiliates fell 16% to 242,133; sales leaders down 24% to 50,085; customers down 6%.
- FY 2022 guidance cut: revenue $2.33-2.41B (down 14-11%); adjusted EPS $3.30-$3.60.
- Plans H2 restructuring with $35-45M charges; targets ~$100M cost savings in 2023.
- U.S. segment posted 9th consecutive quarter of growth; SE Asia/Pac and HK/Taiwan grew on ageLOC Meta.