NuSkin Provides 2014 Financial Guidance

Posted on November 21, 2013 @ 09:11 am

In connection with its annual investor day, Nu Skin Enterprises, Inc. provided its 2014 financial guidance.

The company projects 2014 revenue of $3.9 to $4.0 billion, a 22 to 25 percent increase including an anticipated negative foreign currency impact of 3 percent. Earnings per share are estimated to be $7.25 to $7.50, an increase of 25 to 30 percent over 2013.

"We are extremely pleased to project continued strong revenue growth in 2014," said Truman Hunt, president and chief executive officer.

Hunt continued, "As we continue to innovate in both our product and distribution channels, we anticipate strong growth in our sales leaders and consumer base, as well as healthy trends in all of our regions. We also look forward to maximizing the demand for our ageLOC TR90 weight management system with regional limited-time offers in 2014. Our management team looks forward to sharing more details of our 2014 and longer-term plans at our annual investor day meeting today."