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Currency rates impact Q4 results.
February 11, 2016
By: TOM BRANNA
Editor
Nu Skin is the latest FMCG company to lament the impact of a strong dollar. Fourth quarter sales fell from more than $609 million to about $572 million, but grew on a constant-currency basis. Earnings per share contracted 24%. On the year, sales fell from more than $2.5 billion to $2.2 billion, due to the impact of a strong dollar. “We generated sequential business improvement in the fourth quarter as we continued introducing our newest ageLOC products,” said Truman Hunt, presi...
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