11.04.13
Driven by strong demand for products in its AgeLOC franchise, Nu Skin Enterprises, Inc. reported record third-quarter results with revenue of $927.6 million, a 76% increase over the prior-year period. Revenue was negatively impacted 3% by foreign currency fluctuations.
Additionally, the company announced that it is significantly increasing its full-year 2013 revenue guidance to $3.18 billion to $3.21 billion. The new guidance includes a projected negative currency impact of 4% for the year.
“We are extremely pleased with our third-quarter results,” said Truman Hunt, president and chief executive officer. “The momentum we have established in the first half of the year has accelerated as we posted gains throughout the world, with particularly impressive results in the Greater China and South Asia/Pacific regions, as well as South Korea.
Additionally, the company announced that it is significantly increasing its full-year 2013 revenue guidance to $3.18 billion to $3.21 billion. The new guidance includes a projected negative currency impact of 4% for the year.
“We are extremely pleased with our third-quarter results,” said Truman Hunt, president and chief executive officer. “The momentum we have established in the first half of the year has accelerated as we posted gains throughout the world, with particularly impressive results in the Greater China and South Asia/Pacific regions, as well as South Korea.