Nu Skin Q2 revenue $500.3M, down 11% YoY; EPS $0.54; acquires BeautyBio

NU SKIN ENTERPRISES, INC.

2023-Q2 EPS reported $0.76 revenue$981,719,000

Revenue $500.3M, -11% YoY; EPS $0.54 vs $0.67 prior year (or $0.77 ex-Grow Tech charges).
Customers 1,041,118 (-25%); Paid Affiliates 187,652 (-23%) with 13% from eligibility change.
Rhyz segment revenue up 33% YoY; announces acquisition of BeautyBio, a clean skincare and beauty device brand.
Q3 2023 guidance: revenue $500-540M, EPS $0.54-0.69; Full year revenue $2.00-2.08B, EPS $2.15-2.45.
Gross margin 72.9% (vs 73.6%); operating margin 8.5% (vs 9.2%); $175.4M remaining in buyback authorization.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

NU SKIN ENTERPRISES, INC. reported second quarter 2023 results: revenue $500.3 million, EPS $0.54. Guidance lowered.

Period: second quarter 2023
Revenue: $500.3 million
EPS: $0.54
Guidance: lowered
Result: reported results

Exact text from the filing

today announced second quarter 2023 results in line with expectations. Executive Summary Q2 2023 vs. Prior-year Quarter Revenue: $500.3 million; (11)% • (3)% FX impact or $(16.4) million Earnings Per Share (EPS): $0.54

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Source: SEC EDGAR

accession 0001140361-23-037383

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