Nu Skin Enterprises reported a 28% increase in revenue and a 94% increase in EPS for Q4 2020. The company's performance was driven by strong customer growth and successful product launches, particularly in the West markets. The company is projecting continued revenue and EPS growth in 2021.
Q4 revenue increased by 28% year-over-year, driven by a 34% increase in customers.
EPS grew by 94% compared to the prior year.
Manufacturing segment revenue increased by 42%, playing a critical role in maintaining product availability.
The company expects continued growth in 2021, driven by product pipeline and digital initiatives.
The company anticipates a strong 2021, driven by its product pipeline, digital initiatives, and growth in customers and sales leaders. First quarter revenue is projected to be $610 to $640 million, with EPS of $0.65 to $0.75. Full-year revenue is projected to be $2.71 to $2.81 billion, with EPS of $3.80 to $4.10.
Analyze how earnings announcements historically affect stock price performance