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What's Next For Nu Skin Stock After The Recent 12% Rise Last Week?

What's Next For Nu Skin Stock After The Recent 12% Rise Last Week?
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Nu Skin Enterprises Inc (NUS) Q1 2021 Earnings Call Transcript


Operator
Good day, and thank you for standing by. Welcome to the Q1 2021 Nu Skin Enterprises Earnings conference call. [Operator Instructions]
I would now like to hand the conference over to your speaker today, Scott Pond. Please go ahead.
Scott Pond
Vice President of Investor Relations
Thanks, Peter, and good afternoon, everyone. Today on the call with me are Ritch Wood, Chief Executive Officer; Ryan Napierski, President and CEO-elect; and Mark Lawrence, Chief Financial Officer. On today s call, comments will be made that include some forward-looking statements. These statements involve risks and uncertainties, and actual results may differ materially from those discussed or anticipated. ....

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Nu Skin (NUS) Stock Gains on Q1 Earnings Beat & Raised View


Nu Skin (NUS) Stock Gains on Q1 Earnings Beat & Raised View
Zacks.com
9 hrs ago
Shares of
Nu Skin Enterprises, Inc. NUS rose 4.7% in the after-market trading session on May 5, as it delivered impressive first-quarter 2021 results.  Notably, the top and the bottom line increased year over year as well as beat the Zacks Consensus Estimate. Moreover, management raised its 2021 revenues and earnings view.
The company is encouraged about its recent innovations like ageLOC Boost and Nutricentials Bioadaptives. Moreover, it is optimistic about strong demand for new product introductions that are lined during the back half of 2021. These include Beauty Focus Collagen+, ageLOC Meta and a key Pharmanex product introduction. Further, the company continued to see solid momentum in the West markets, with robust adoption in social commerce business model. ....

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Nu Skin Enterprises Reports Record First-Quarter 2021 Results


1,517,260; +34%
We are very pleased with a strong start to 2021 with our highest-ever first quarter revenue and earnings per share, said Ritch Wood, chief executive officer. Our innovative beauty and wellness product initiatives powered by our social commerce business model led to 34 percent growth in our customer base over the prior year and a 22 percent increase in global sales leaders. We were recognized again by Euromonitor as the world s number one beauty device systems brand.
We continue to improve our geographic balance, driven by ongoing strong performance in the West, providing a more diversified and sustainable growth profile. Our manufacturing segment also achieved record results with 69 percent year-over-year revenue growth. ....

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