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-0.00163666121112926 -0.000818330605564631 0 0.000818330605564631 -0.00654664484451719 -0.00490998363338793 -0.0114566284779051 -0.0122749590834698
Stock impact report

Nu Skin (NUS) Troubled by Customer Acquisition Challenges [Yahoo! Finance]

Nu Skin Enterprises, Inc. (NUS) 
Last nu skin enterprises, inc. earnings: 2/12 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.nuskin.com
Company Research Source: Yahoo! Finance
Additionally, greater-than-expected foreign currency headwinds weighed on Nu Skin's first-quarter 2024 performance. Management expects the global macro landscape to remain difficult in the near term, leading to a drab 2024 view. The Zacks Consensus Estimate for 2024 earnings per share has declined from $1.13 to $1.10 over the past 60 days. Macroeconomic Hurdles Persist Nu Skin has been encountering persistent macroeconomic obstacles, which continued in the first quarter of 2024. The company's performance was hurt by continuous macroeconomic headwinds across most regions, including inflationary pressure on consumer spending for premium products. This, along with price hikes, has affected the company's customer and affiliate acquisition. Quarterly revenues of $417.3 million tumbled 13.3% year over year in the first quarter. On a constant-currency basis, revenues fell 9.5%. Sales leaders were down 12% year over year to 38,609. Nu Skin's customer base dropped 19% to 875,261. The co Show less Read more
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