NYSE$NUS

Nu Skin Enterprises Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Nu Skin's Q3 2024 earnings were reported in line with guidance, with Rhyz segment growth partially offsetting core business challenges.

Nu Skin Enterprises reported Q3 2024 revenue of $430.1 million, a decrease of 13.8% year-over-year, but within the guidance range. EPS was $0.17, compared to $(0.74) in the prior year, or $0.56 excluding an inventory write-off. The Rhyz segment continued to show strong growth, while the company focuses on strengthening the Nu Skin core business and improving profitability.

  • Revenue reached $430.1 million, reflecting a 13.8% decrease year-over-year.
  • Earnings per share (EPS) was $0.17, compared to $(0.74) in the prior-year quarter.
  • Rhyz revenue grew by 20.9% to $73.1 million.
  • The company is focused on strengthening the Nu Skin core, improving profitability, and optimizing the product portfolio.

Headline financials

Total Revenue

$430M

Previous: $499M-13.8%
EPS

$0.17

Previous: $0.56-69.6%
Customers

831.8K

Previous: 978.9K-15.0%
Paid Affiliates

149.3K

Previous: 186.2K-19.8%
Sales Leaders

38.3K

Previous: 47.0K-18.6%
Capital Expenditures

-$29M

Previous: -$38.1M+23.9%
Free Cash Flow

-$20.7M

Previous: -$75.1M+72.4%
Net Income

$8.3M

Previous: -$37M+122.5%
Operating Income

$18.2M

Previous: -$26.4M+169.1%
Gross Profit

$301M

Previous: $292M+3.1%
Cash & Equivalents

$228M

Previous: $233M-2.4%
Total Assets

$1.58B

Previous: $1.79B-11.7%
Stock-Based Comp

$3.49M

Previous: $3.73M-6.3%

Revenue & EPS history

Nu Skin · Revenue · Quarterly

$430M

Q3 2024-13.8%vs Q3 2023
Beat estimate in 4 of 15 quarters(27%)
ActualEstimate

Revenue by segment

Nu Skin · $449M total across 2 segments · Q3 2023

  • Total Nu Skin
    $438M
  • Rhyz Other
    $10.8M+1909.9%

Forward guidance

Nu Skin anticipates Q4 2024 revenue to be between $410 to $445 million with EPS between $(0.09) to $0.01, or $0.19 to $0.29 non-GAAP. Full year 2024 revenue is projected to be $1.70 to $1.73 billion with EPS of $(2.32) to $(2.22), or $0.65 to $0.75 non-GAAP.

Tailwinds

  • Revenue between $410 to $445 million
  • EPS between $(0.09) to $0.01
  • Non-GAAP EPS between $0.19 to $0.29
  • Full year revenue of $1.70 to $1.73 billion
  • Full year non-GAAP EPS between $0.65 to $0.75

Headwinds

  • Revenue expected to decline by 16% to 9%
  • Approximately (2)% to (1)% FX impact
  • EPS between $(0.09) to $0.01
  • Approximately (4)% to (3)% FX impact on full year revenue
  • Full year EPS of $(2.32) to $(2.22)

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 2024

Historical avgQ3 2024

-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

Earnings price reactions
QuarterReport dateReaction (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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