11.17.11
Nu Skin Enterprises Inc. updated its fourth quarter 2011 and recently-issued 2012 financial guidance in advance of its annual investor day yesterday. The company increased its fourth quarter revenue guidance to $475 to $485 million, and earnings per share by $0.02 to $0.68 to $0.72. The company also increased 2012 revenue guidance to $1.80 to $1.83 billion with earnings per share of $2.82 to $2.92.
"As we come to the conclusion of another record year, we continue to build momentum for the future," said Truman Hunt, president and chief executive officer. He noted positive factors include: the ageLOC product pipeline, the company's innovations in the direct selling channel, and growth in emerging markets.
"The fourth quarter is shaping up even stronger than our initial forecast, and we have confirmed the amount of new products that will be shipped in January – allowing us to increase our guidance for the quarter and for 2012, Hunt said."In short, we are succeeding because our strategy is sound and because we continue to improve our execution."
"As we come to the conclusion of another record year, we continue to build momentum for the future," said Truman Hunt, president and chief executive officer. He noted positive factors include: the ageLOC product pipeline, the company's innovations in the direct selling channel, and growth in emerging markets.
"The fourth quarter is shaping up even stronger than our initial forecast, and we have confirmed the amount of new products that will be shipped in January – allowing us to increase our guidance for the quarter and for 2012, Hunt said."In short, we are succeeding because our strategy is sound and because we continue to improve our execution."