---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-022716"
form_type: "8-K"
ticker: "NUS"
cik: "0001021561"
company_name: "NU SKIN ENTERPRISES, INC."
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-15T23:55:39.590686+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Nu Skin Q1 2023 revenue $481.5M (-20% YoY), EPS $0.23 vs $0.76; reaffirms FY guidance

## Summary
- 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.

## SEC filing metadata
- accession: 0001140361-23-022716
- form_type: 8-K
- ticker: NUS
- cik: 0001021561
- company_name: NU SKIN ENTERPRISES, INC.
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1021561/000114036123022716/0001140361-23-022716-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1021561/000114036123022716/brhc20052418_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-022716
- JSON: https://secwatch.observer/filing/0001140361-23-022716.json
- Plain text: https://secwatch.observer/filing/0001140361-23-022716.txt

## Key facts
- Earnings Releases
  NU SKIN ENTERPRISES, INC. updated its first quarter 2023 guidance (reaffirmed).
  - Period: first quarter 2023
  - Guidance: reaffirmed
  - Result: reported results
  source text: On May 3, 2023, Nu Skin Enterprises, Inc. (the “Company”) issued a press release announcing its financial results for the three-month period ended March 31, 2023, and certain other information. A copy of the press release is attached as Exhibit 99.1 to this report.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1021561/000114036123022716/0001140361-23-022716-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.