secwatch.observer — SEC 8-K summary
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Issuer:     NU SKIN ENTERPRISES, INC. (NUS)
CIK:        0001021561
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001140361-24-024942
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1021561/000114036124024942/0001140361-24-024942-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1021561/000114036124024942/ef20028686_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-024942

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer