Loading...
•
Dec 31, 2024
Nu Skin Q4 2024 Earnings Report
Nu Skin Enterprises reported fourth quarter and full-year 2024 results above company revenue guidance, with sequential revenue growth and adjusted earnings exceeding expectations due to restructuring plan completion.
Key Takeaways
Nu Skin Enterprises exceeded its latest revenue guidance for both the fourth quarter and full-year 2024, driven by sequential revenue growth and the material completion of its restructuring plan. The company reported a fourth-quarter revenue of $445.6 million and an adjusted EPS of $0.38, while full-year revenue reached $1.73 billion with an adjusted EPS of $0.84.
Nu Skin's Q4 2024 revenue of $445.6 million exceeded guidance, despite an 8.8% year-over-year decrease.
Adjusted EPS for Q4 2024 was $0.38, surpassing expectations due to the completion of the restructuring plan.
Full-year 2024 revenue was $1.73 billion, a 12.0% decrease from 2023, with Rhyz revenue growing by 32.3%.
The company anticipates improving business trends and a return to year-over-year growth in several markets in 2025, despite continued economic challenges.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Nu Skin anticipates improving business trends and a return to year-over-year growth in several markets in 2025, with a focus on strengthening its core business and rolling out enhanced sales performance compensation plans. The company projects Q1 2025 revenue between $345 million and $365 million, and full-year 2025 revenue between $1.48 billion and $1.62 billion.
Positive Outlook
- Anticipates improving business trends and a return to year-over-year growth in several markets in 2025.
- Focus on strengthening core Nu Skin business with continued rollout of enhanced sales performance compensation plan.
- Accelerating growth in developing markets, including Latin America.
- Introduction of Prysm iO™, an exclusive intelligent wellness device, expected to infuse energy and future growth for the nutrition business.
- Strategic transaction of Mavely for $250 million strengthened the balance sheet and underscored Rhyz's value.
Challenges Ahead
- Anticipates continued economic challenges and poor consumer sentiment, particularly in Greater China and South Korea.
- Q1 2025 revenue projected to be lower than Q4 2024 due to seasonality.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...