---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-024942"
form_type: "8-K"
ticker: "NUS"
cik: "0001021561"
company_name: "NU SKIN ENTERPRISES, INC."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T08:26:30.683194+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Nu Skin Q1 revenue $417.3M, down 13%; EPS $(0.01) GAAP; customer base shrinks 19%

## Summary
- Revenue $417.3M, down 13.3% YoY; foreign currency hit of $18.2M; Rhyz revenue up 57.5% to $62.5M.
- GAAP EPS $(0.01); adjusted EPS $0.09 ex-restructuring vs $0.37 prior year; gross margin 70.5%.
- Customers 875,261 (-19%); paid affiliates 154,171 (-30%); sales leaders 38,609 (-12%).
- Q2 2024 guidance: revenue $420-455M, EPS $0.01-0.10 GAAP; 2024 full-year revenue $1.73-1.87B.
- CEO cites macro headwinds; cost management supported earnings; India opening expected next year.

## SEC filing metadata
- accession: 0001140361-24-024942
- form_type: 8-K
- ticker: NUS
- cik: 0001021561
- company_name: NU SKIN ENTERPRISES, INC.
- filed_at: 2024-05-08T23:59:59+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/1021561/000114036124024942/0001140361-24-024942-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1021561/000114036124024942/ef20028686_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-024942
- JSON: https://secwatch.observer/filing/0001140361-24-024942.json
- Plain text: https://secwatch.observer/filing/0001140361-24-024942.txt

## Key facts
- Earnings Releases
  NU SKIN ENTERPRISES, INC. reported the three-month period ended March 31, 2024 results: revenue $417.3 million, EPS $(0.01) or $0.09 excluding restructuring charges. Guidance reaffirmed.
  - Period: the three-month period ended March 31, 2024
  - Revenue: $417.3 million
  - EPS: $(0.01) or $0.09 excluding restructuring charges
  - Guidance: reaffirmed
  - Result: reported results
  source text: Nu Skin Enterprises Reports First Quarter Results PROVO, Utah — May 8, 2024 — Nu Skin Enterprises Inc. (NYSE: NUS) today announced first quarter results in line with guidance. Executive Summary Q1 2024 vs. Prior-year Quarter Revenue $417.3 million; (13.3)% • (3.8)% FX impact or $(18.2) million • Rhyz revenue $62.5 million; 57.5% Earnings Per Share (EPS) $(0.01) or $0.09 excluding restructuring charges compared to $0.23 or $0.37 excluding restructuring charges Customers 875,261; (19)% Paid Affiliates 154,171; (30)% or (14)% excluding an adjustment to eligibility requirements Sales Leaders 38,609; (12)%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1021561/000114036124024942/0001140361-24-024942-index.htm

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