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03.11.2016 21:20
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PR Newswire
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Nu Skin Enterprises Reports Third-Quarter 2016 Results
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PR Newswire
PROVO, Utah, Nov. 3, 2016
PROVO, Utah, Nov. 3, 2016 /PRNewswire/ -- Nu Skin Enterprises, Inc. (NYSE: NUS) today announced third-quarter revenue above guidance at $604.2 million, compared to $571.3 million in the prior-year period. Quarterly revenue improved 6 percent, or 4 percent on a constant-currency basis. Earnings per share for the quarter were $0.98 and included a $0.09 positive impact from closing operations in Venezuela. Earnings per share in the prior-year period were $0.28 and were negatively impacted by several factors, including a $0.43 per share inventory write down.
"We are pleased that we exceeded guidance and posted year-over-year growth during the quarter," said Truman Hunt, president and chief executive officer. "We introduced ageLOC Youth in South Korea in the quarter and saw continued enthusiasm around the globe for our latest ageLOC products. We produced double-digit gains in North Asia and Greater China and posted growth in each of our regions with the exception of South Asia/Pacific, where a significant limited-time offer in the prior year made for a difficult comparison. We also generated modest growth in sales leaders globally."
Regional Results
The company's regional revenue results for the three-month periods ended September 30 are presented in the following table (in thousands).
| | | 2016 | | 2015 | | % | | Constant |
| | | | | | | | | |
| Greater China | | $ 216,460 | | $ 188,669 | | 15% | | 20% |
| North Asia | | 208,677 | | 167,748 | | 24% | | 14% |
| South Asia/Pacific | | 70,867 | | 108,857 | | (35%) | | (36%) |
| Americas | | 71,250 | | 70,775 | | 1% | | 3% |
| EMEA | | 36,908 | | 35,259 | | 5% | | 5% |
| | | | | | | | | |
| Total | | $ 604,162 | | $ 571,308 | | 6% | | 4% |
The company's regional revenue results for the nine-month periods ended September 30 are presented in the following table (in thousands).
| | | 2016 | | 2015 | | % | | Constant |
| | | | | | | | | |
| Greater China | | $ 611,887 | | $ 576,172 | | 6% | | 11% |
| North Asia | | 525,771 | | 512,757 | | 3% | | ---* |
| South Asia/Pacific | | 226,742 | | 247,697 | | (8%) | | (5%) |
| Americas | | 204,882 | | 234,115 | | (12%) | | (8%) |
| EMEA | | 107,186 | | 104,108 | | 3% | | 4% |
| | | | | | | | | |
| Total | | $ 1,676,468 | | $ 1,674,849 | | ---* | | 2% |
| *Less than a 1% change. |
The Company's regional actives and sales leaders statistics are presented in the following table.
| | | As of September 30, 2016 | | As of September 30, 2015 | | % Increase (Decrease) | | |||||||
| | | Actives | | Sales | | Actives | | Sales | | Actives | | Sales | | |
| | | | | | | | | | | | | | | |
| Greater China | | 257,000 | | 30,617 | | 211,000 | | 25,044 | | 22% | | 22% | | |
| North Asia | | 334,000 | | 18,688 | | 374,000 Werbung Mehr Nachrichten zur Nu Skin Enterprises Aktie kostenlos abonnieren
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