secwatch.observer — SEC 8-K summary
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Issuer:     NU SKIN ENTERPRISES, INC. (NUS)
CIK:        0001021561
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0001140361-23-022716
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1021561/000114036123022716/0001140361-23-022716-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1021561/000114036123022716/brhc20052418_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-022716

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