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Revenue Rises for 2012 at Nu Skin

Source:Happi Release Date:2013-02-07 456
Personal Care
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Nu Skin Enterprises, Inc. reported full year 2012 revenue jumped 24% to $2.17 billion, and it is increasing its full-year 2013 revenue guidance by $50 million to $2.30 to $2.35 billion.

Nu Skin Enterprises, Inc. posted record fourth-quarter results with 19% rise in revenue of $588.2 million. Revenue in the Americas improved 4% to $80.1 million.

"We are pleased with our solid fourth-quarter results and believe 2013 will be another record year as we launch a new wave of compelling anti-aging products and project strong performances around the world," said Truman Hunt, president and chief executive officer. "Our growth in the fourth quarter was driven by particularly strong trends in several key markets including Japan, South Korea and Mainland China where we continue to see tremendous results from our latest ageLOC products. We expect the upcoming launch of our ageLOC weight-management system to drive significant growth in the back-half of the year."

The company reported full year 2012 revenue jumped 24% to $2.17 billion. Additionally, the company announced that it is increasing its full-year 2013 revenue guidance by $50 million to $2.30 to $2.35 billion.

"We expect 2013 will be another record year with healthy trends in all of our regions and a record launch of our new ageLOC weight management system, which we plan to introduce through a global limited time offer in the fall," said Hunt.

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