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July 28, 2005
By: TOM BRANNA
Editor
Nu Skin Enterprises Inc. said that its second-quarter profit rose 12% to beat Wall Street estimates, but the company guided below expectations for the rest of the year. Net income grew to $22.8 million, or 32 cents per share, from $20.3 million, or 28 cents per share, a year ago. Revenue rose 9% to $310.1 million, a quarterly record, from $284.2 million last year.Sales in Nu Skin’s largest market, North Asia, rose 7% to $171.2 million, while sales in China grew 8% to $64.1 million, and North American sales climbed 9% to $39.2 million from a year ago.
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