Nu Skin(NUS)

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Nu Skin(NUS) - 2021 Q1 - Earnings Call Transcript
2021-05-06 02:16
Nu Skin Enterprises, Inc. (NYSE:NUS) Q1 2021 Earnings Conference Call May 5, 2021 5:00 PM ET Company Participants Scott Pond - Vice President, Investor Relations Ritch Wood - Chief Executive Officer Ryan Napierski - President and CEO-elect Mark Lawrence - Chief Financial Officer Conference Call Participants Faiza Alwy - Deutsche Bank Doug Lane - Lane Research Steph Wissink - Jefferies Mark Astrachan - Stifel Operator Good day and thank you for standing by. Welcome to the Q1 2021 Nu Skin Enterprises Earnings ...
Nu Skin Enterprises, Inc. (NUS) Nu Skin 2021 Investor Day (Transcript)
2021-02-12 22:33
Nu Skin Enterprises, Inc. 2021 Investor Day Summary Company Overview - **Company**: Nu Skin Enterprises, Inc. (NYSE: NUS) - **Event**: 2021 Investor Day held on February 11, 2021 Key Points and Arguments Business Resilience and Response to COVID-19 - Nu Skin faced unprecedented challenges due to the COVID-19 pandemic but demonstrated resilience and adaptability in maintaining business operations and supporting employees and sales leaders [6][11] - The management team expressed gratitude for the dedication and efforts of global employees and sales leaders during the pandemic [6][12] Leadership Transition - Ritch Wood, the current CEO, will transition the CEO role to Ryan Napierski on September 1, 2021, after 30 years with the company [8][12] - Ryan Napierski has over 25 years of experience with Nu Skin and has been prepared for this leadership role [9][12] Growth Strategy - The company aims to expand its growth strategy through innovative products, digital platforms, and a balanced geographic profile [7][21] - Nu Skin reported a 60% increase in active customer base from 980,000 in Q1 2017 to 1,560,000 in Q4 2020 [15] - The average age of customers has decreased by 5 years, attracting a younger demographic [16] Financial Performance - In Q4 2020, Nu Skin achieved its largest quarterly revenue in 7 years, with earnings per share (EPS) of $1.40, representing a 94% growth [18] - For the full year 2020, revenue grew by 7% and EPS grew by 17%, despite the pandemic [20] - The company anticipates revenue growth of 5% to 9% for 2021, equating to approximately $200 million [22] Product Innovation and Sustainability - Nu Skin introduced new products, including the ageLOC Boost device, which generated approximately $100 million in revenue in the second half of 2020 [19][41] - The company is committed to sustainability, with goals to ensure all packaging is recycled, recyclable, reusable, reduced, or renewable by 2030 [27] - Nu Skin secured 9 sustainability awards in 2020 for its waste and packaging reductions [29] Digital Transformation and Social Commerce - The company is transitioning to a digital-first affiliate marketing model, leveraging social commerce to connect with consumers [52][56] - Over 90% of revenue transactions now occur online, with approximately half coming from personal product subscriptions and loyalty programs [38] - The introduction of Vera, an AI-powered personal product recommendation tool, aims to enhance customer engagement and personalization [64] Geographic Performance - The West region, including North America and Latin America, reported record revenue growth of 53% year-over-year [67] - Mainland China showed a return to growth in Q4 2020, with active customers up 30% year-over-year [68] - Southeast Asia is beginning to adopt social commerce, with encouraging potential in markets like Indonesia and the Philippines [69] Additional Important Content - Nu Skin's commitment to corporate social responsibility (CSR) includes various initiatives, such as providing meals to children and supporting local charities [25][26] - The company emphasizes the importance of diversity, equity, and inclusion (DEI) in its workplace and community efforts [26] - Nu Skin's Empower Me strategy focuses on personalized beauty and wellness solutions, leveraging technology to enhance customer experiences [45][64] This summary encapsulates the key insights and strategic directions discussed during the Nu Skin 2021 Investor Day, highlighting the company's resilience, growth strategies, and commitment to innovation and sustainability.
Nu Skin(NUS) - 2020 Q4 - Annual Report
2021-02-10 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission file number: 001-12421 Delaware 87-0565309 (State or other jurisdiction of incorporation or organization) (IRS Employer Identification No.) 75 ...
Nu Skin(NUS) - 2020 Q3 - Quarterly Report
2020-11-05 01:33
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Class A Common Stock, $.001 par value NUS New York Stock Exchange FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _____________ TO ____ ...
Nu Skin(NUS) - 2020 Q3 - Earnings Call Transcript
2020-11-05 01:09
Nu Skin Enterprises, Inc. (NYSE:NUS) Q3 2020 Earnings Conference Call November 4, 2020 5:00 PM ET Company Participants Scott Pond - Vice President-Investor Relations Ritch Wood - Chief Executive Officer Ryan Napierski - President Mark Lawrence - Chief Financial Officer Conference Call Participants Steph Wissink - Jefferies Wendy Nicholson - Citi Faiza Alwy - Deutsche Bank Olivia Tong - Bank of America Doug Lane - Lane Research Mark Astrachan - Stifel Operator Ladies and gentlemen, thank you for standing by. ...