Nu Skin New Products
Reiterates its 2015 outlook and announces projected 2016 revenue growth.
In connection with its annual investor day, Nu Skin Enterprises reiterated its fourth-quarter and full-year 2015 outlook and announced financial guidance for 2016. «We have generated positive momentum this quarter with the initial introduction of ageLOC Me and ageLOC Youth,» said Truman Hunt, president and chief executive officer.
«Last month we had a strong response to the introduction of ageLOC Youth in the Americas, and this month, we are introducing ageLOC Me in South Korea and Japan. We believe the excitement among our sales leaders and consumers for both new products bodes well for our growth prospects in 2016.»
The company reiterated fourth-quarter 2015 revenue guidance of $570 to $590 million and earnings per share of $0.70 to $0.73. The company anticipates 2016 revenue of $2.29 to $2.33 billion representing growth of 5 to 7 percent in local currency, with a projected negative foreign currency impact of 4 percent. Earnings per share in 2016 are estimated to be $3.25 to $3.40.
Nu Skin Enterprises, Inc. demonstrates its tradition of innovation through its comprehensive anti-aging product portfolio, independent business opportunity and corporate social responsibility initiatives. The company’s scientific leadership in both skin care and nutrition has established Nu Skin as a premier anti-aging company.
