earnings
confidence high
sentiment negative
materiality 0.80
Nu Skin Q2 revenue $439M, GAAP EPS $(2.38) on $141M impairment charge; guides FY24 revenue $1.73-1.81B
NU SKIN ENTERPRISES, INC.
2024-Q2 EPS reported
-$2.39
revenue$856,387,000
- Revenue $439.1M, down 12.2% YoY; FX headwind of 4.2% ($21.0M).
- GAAP EPS $(2.38) vs $0.54 prior-year; adjusted EPS $0.21 excluding restructuring and impairment charges.
- Recorded $141M non-cash goodwill and intangibles impairment charge due to stock price decline.
- Rhyz segment revenue $67.8M (+32.3% YoY); core Nu Skin customers down 14% to 893,514.
- Q3 2024 revenue guidance $430-$465M; FY2024 revenue narrowed to $1.73-$1.81B, adjusted EPS $0.75-$0.95.