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Stock impact report

Nu Skin (NUS) Down More Than 25% in 3 Months: Here's Why [Yahoo! Finance]

Nu Skin Enterprises, Inc. (NUS) 
Last nu skin enterprises, inc. earnings: 2/12 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.nuskin.com
Company Research Source: Yahoo! Finance
Apart from this, adverse currency fluctuations have been a concern for Nu Skin. Management expects the global macro landscape to remain difficult in the near term, though it is likely to keep improving through 2024. Shares of this Zacks Rank #5 (Strong Sell) company have slumped 27.3% in the past three months against the industry's growth of 19.7%. Macroeconomic Setbacks Nu Skin has been encountering persistent macroeconomic obstacles, which continued in the fourth quarter of 2023. Results in the Americas, South Korea, Europe and Southeast Asia regions were impacted by consumers increasingly gravitating toward lower-cost products and services, altering their purchasing patterns. Disruptions related to business transformation and currency headwinds also weighed on Nu Skin's results. Image Source: Zacks Investment Research Quarterly revenues of $488.6 million fell around 6% year over year in the fourth quarter. Sales leaders were down 10% year over year to 44,059. Nu Skin's cu Show less Read more
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