earnings
confidence high
sentiment negative
materiality 0.70
Nu Skin Q1 2023 revenue $481.5M (-20% YoY), EPS $0.23 vs $0.76; reaffirms FY guidance
NU SKIN ENTERPRISES, INC.
2023-Q1 EPS reported
$0.23
revenue$481,462,000
- Revenue fell 20% to $481.5M; GAAP EPS $0.23 declined from $0.76; adjusted EPS $0.37 ex restructuring.
- Customers down 18% to 1.08M; paid affiliates -12% to 221,354; sales leaders -17% to 43,755.
- Q1 operating margin 3.3% (5.4% ex-items); recognized $9.8M restructuring and impairment charges.
- Q2 2023 guidance: revenue $485-525M, EPS $0.45-$0.55. FY revenue $2.03-2.18B, EPS $2.27-2.67.
- Paid $19.4M in dividends; $175.4M remaining in stock repurchase authorization.