04.28.10
Nu Skin Enterprises, Inc. posted positive first-quarter results, with a 23% rise in revenue to $364.1 million.
"We started the year off strong, generating record results while focusing on innovation in our products and processes," said Truman Hunt, company president and chief executive officer. "Our ageLOC skin care system continues to be a significant catalyst by generating tremendous distributor excitement and consumer demand. During the quarter, we continued the global ageLOC rollout, with launches in the United States, Europe and South Korea.
“To date, the ageLOC product launch has been the most successful in our history, generating more than $80 million in just the first two quarters of product sales. We also supplemented the ageLOC launch by introducing a new and improved ageLOC version of our top-selling Galvanic Spa System.
"We continue to reap the rewards of our multi-year transformation process, demonstrated by our improved operating margin of 12.7% in the first quarter. Our consistent efforts to operate more efficiently and innovate in our business processes provide a stable foundation for increasing profitability," said Hunt.
First-quarter revenue in the Americas rose 7% to $62.5 million.
"We started the year off strong, generating record results while focusing on innovation in our products and processes," said Truman Hunt, company president and chief executive officer. "Our ageLOC skin care system continues to be a significant catalyst by generating tremendous distributor excitement and consumer demand. During the quarter, we continued the global ageLOC rollout, with launches in the United States, Europe and South Korea.
“To date, the ageLOC product launch has been the most successful in our history, generating more than $80 million in just the first two quarters of product sales. We also supplemented the ageLOC launch by introducing a new and improved ageLOC version of our top-selling Galvanic Spa System.
"We continue to reap the rewards of our multi-year transformation process, demonstrated by our improved operating margin of 12.7% in the first quarter. Our consistent efforts to operate more efficiently and innovate in our business processes provide a stable foundation for increasing profitability," said Hunt.
First-quarter revenue in the Americas rose 7% to $62.5 million.