Nu Skin Enterprises reported record first-quarter 2021 results with a 31% increase in revenue and a 153% increase in EPS. The company's growth was fueled by innovative beauty and wellness product initiatives and a social commerce business model, leading to a 34% growth in the customer base and a 22% increase in global sales leaders. The company also raised its annual guidance.
Reported record first-quarter revenue and earnings per share.
Revenue increased by 31% compared to the prior-year quarter.
Earnings per share grew by 153% year-over-year.
Customer base increased by 34% and sales leaders grew by 22%.
The company provided Q2 2021 revenue guidance of $680 to $705 million and EPS guidance of $0.97 to $1.07. Full year 2021 revenue guidance is $2.80 to $2.87 billion and EPS guidance is $4.05 to $4.30.
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