• Nu Skin Enterprises, Inc. reported record third-quarter results as sales rose 23% to $526.2 million.
Additionally, the company announced that it is increasing its full-year 2012 revenue guidance to $2.11 billion, a 21% gain over 2011.
“By continuing to execute on our business strategy, we were able to generate another record quarter, putting us on track to reach a milestone of more than $2 billion in annual revenue in 2012,” said Truman Hunt, president and chief executive officer, who said the quarter was highlighted by healthy trends in all regions, strong demand for anti-aging products and growth in the customer base and sales force.
Executives were particularly pleased with growth in Japan and South Korea.
“Our South Asia/Pacific and Greater China regions generated solid local-currency growth of 53% and 64%, respectively. The Americas and Europe regions also reported healthy gains with approximately 20% year-over-year local-currency growth,” continued Hunt.