NYSE$NUS
Nu Skin Enterprises Inc · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Nu Skin's Q3 2023 results were softer than expected due to macro-economic challenges, particularly in Mainland China and the Americas, and a strong U.S. dollar, but stabilization and modest growth was seen in three Nu Skin reporting segments and accelerated growth in Rhyz businesses.
Nu Skin Enterprises reported Q3 2023 revenue of $498.8 million, a decrease compared to $537.8 million in the prior-year quarter. The company experienced a loss per share (EPS) of $(0.74), or $0.56 excluding an inventory write-off, compared to $(0.51) or $0.47 excluding restructuring and impairment charges in the prior year. The company is strategically re-evaluating several aspects of its Nu Skin business, including product portfolio, global processes and organization, and operational footprint and aggressively managing costs to help drive growth and profitability.
- Revenue was $498.8 million, compared to $537.8 million in the prior-year quarter, impacted by foreign exchange rates by (1)%.
- Loss per share (EPS) was $(0.74), or $0.56 excluding an inventory write-off, compared to $(0.51) or $0.47 excluding restructuring and impairment charges in the prior year.
- The company is strategically re-evaluating several aspects of its Nu Skin business, including product portfolio, global processes and organization, and operational footprint.
- A new mental wellness category will be introduced in 2024.
Headline financials
Revenue & EPS history
Nu Skin · Revenue · Quarterly
$499M
Revenue by segment
Nu Skin · $449M total across 2 segments · Q3 2023
- Total Nu Skin$438M—97.6%
- Rhyz Other$10.8M+1909.9%2.4%
Forward guidance
For Q4 2023, Nu Skin anticipates revenue between $440 to $480 million, with an approximate 3 percent negative foreign currency impact. Reported earnings per share are projected to be $(0.14) to $0.01, or $0.15 to $0.30 when excluding a fourth quarter restructuring charge.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2023
-0.9%
Avg return
Earnings day
-0.7%
Avg return
5 days after
-2.1%
Avg return
30 days after
41%
28 / 68 earnings
Positive
+28.3%
Q1 2020
Best reaction
-20.5%
Q4 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.3% | -10.3% | -23.4% | |
| Q4 2025 | -18.1% | -16.7% | -29.8% | |
| Q3 2025 | -15.9% | -11.4% | -7.8% | |
| Q1 2025 | +11.2% | +18.8% | +28.7% | |
| Q4 2024 | +17.8% | +22.0% | +26.5% | |
| Q3 2024 | +1.1% | +11.6% | +15.7% | |
| Q2 2024 | -4.0% | -9.9% | -23.7% | |
| Q1 2024 | +4.3% | +10.3% | +8.1% | |
| Q4 2023 | -20.5% | -21.3% | -23.8% | |
| Q3 2023 | -11.2% | -8.6% | -7.5% | |
| Q2 2023 | -6.5% | -10.7% | -18.7% | |
| Q1 2023 | -3.7% | -4.2% | -13.1% | |
| Q4 2022 | +0.3% | +1.0% | -11.8% | |
| Q3 2022 | -18.8% | -9.4% | +7.7% | |
| Q2 2022 | -3.4% | -3.8% | -10.3% | |
| Q1 2022 | -2.8% | +0.4% | +5.2% | |
| Q4 2021 | +10.8% | +7.9% | -4.3% | |
| Q3 2021 | +6.1% | +8.9% | +10.5% | |
| Q2 2021 | +0.9% | -0.6% | -7.0% | |
| Q1 2021 | +11.7% | +13.5% | +17.0% | |
| Q4 2020 | -13.0% | -20.8% | -14.9% | |
| Q3 2020 | +3.9% | -10.3% | +0.9% | |
| Q2 2020 | +2.3% | +3.3% | +3.1% | |
| Q1 2020 | +28.3% | +24.9% | +44.6% | |
| Q4 2019 | -13.4% | -12.0% | -43.6% | |
| Q3 2019 | -15.3% | -11.5% | -19.2% | |
| Q2 2019 | +5.8% | +6.6% | +11.9% | |
| Q1 2019 | +26.9% | +15.5% | -4.9% | |
| Q4 2018 | -7.4% | +1.4% | -9.7% | |
| Q3 2018 | -13.4% | -10.5% | -12.1% | |
| Q2 2018 | +15.7% | +12.8% | +8.9% | |
| Q1 2018 | -1.1% | +1.8% | +11.8% | |
| Q4 2017 | -1.6% | +1.7% | +5.8% | |
| Q3 2017 | -4.3% | -5.4% | +4.3% | |
| Q2 2017 | -2.9% | -2.3% | -2.1% | |
| Q1 2017 | -2.5% | +1.5% | +1.7% | |
| Q4 2016 | -12.3% | -12.6% | -4.6% | |
| Q3 2016 | -8.7% | -8.2% | -14.0% | |
| Q2 2016 | +12.2% | +10.8% | +11.1% | |
| Q1 2016 | +3.2% | — | — | |
| Q4 2015 | -11.3% | — | — | |
| Q3 2015 | +4.5% | — | — | |
| Q2 2015 | +16.2% | — | — | |
| Q1 2015 | -5.0% | — | — | |
| Q4 2014 | +18.4% | — | — | |
| Q3 2014 | -19.6% | — | — | |
| Q2 2014 | -17.4% | — | — | |
| Q1 2014 | -10.9% | — | — | |
| Q4 2013 | -5.8% | — | — | |
| Q3 2013 | +8.6% | — | — | |
| Q2 2013 | +5.3% | — | — | |
| Q1 2013 | +5.0% | — | — | |
| Q4 2012 | -0.7% | — | — | |
| Q3 2012 | +16.7% | — | — | |
| Q2 2012 | +15.9% | — | — | |
| Q1 2012 | -12.8% | — | — | |
| Q4 2011 | -0.1% | — | — | |
| Q3 2011 | -3.9% | — | — | |
| Q2 2011 | -4.0% | — | — | |
| Q1 2010 | +1.6% | — | — | |
| Q1 2011 | +1.6% | — | — | |
| Q4 2008 | -2.0% | — | — | |
| Q4 2010 | -2.0% | — | — | |
| Q3 2010 | -2.1% | — | — | |
| Q3 2009 | -2.1% | — | — | |
| Q4 2009 | -6.1% | — | — | |
| Q2 2010 | -6.1% | — | — | |
| Q2 2009 | -6.1% | — | — |
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