Company News, Financial News

Net Sales for Nu Skin Enterprises Declines 13.3% in Q1 2024

Revenue was $417.3 million compared to $481.5 million the quarter prior.

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By: Lianna Albrizio

Associate Editor

Net sales for Nu Skin Enterprises declined 13.3% in Q1 2024 compared with the prior-year quarter.    Revenue was $417.3 million compared to $481.5 million the quarter prior.    “Our first quarter revenue came in at the mid-point of our guidance, negatively impacted more than anticipated by foreign currency headwinds, while our cost management efforts helped us post earnings per share in the upper half of our guide,” said Ryan Napierski, Nu Skin president and CEO. “We are continui...

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