Company News, Financial News

Nu Skin Reports Q1 Results

Revenue decreased 17 percent versus the prior year.

Nu Skin Enterprises Inc. has reported its first-quarter 2020 results above guidance.   Revenue for the three months ended March 31 was $518.0 million, a decrease of 17% compared to $623.6 million in 2019. Mainland China, Nu Skin’s largest segment reported net sales of $137.696 million, a decrease of 34% compared to the prior year.   “While there is a great deal of uncertainty in the broader economy, we are optimistic our business will perform well as sales leaders leverage our technology i...

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