01.04.12
Nu Skin Enterprises, Inc. has been named one of the world's fastest growing public companies in The International Business Times' 2011 IBT 1000 listing. Additionally, Nu Skin was one of the 10 fastest growing companies ranked in the Household and Personal Products category and the largest company represented in this group. The 2011 IBT 1000 Fastest Growing Companies list ranks companies using its three-year revenue Compound Annual Growth Rate (CAGR), with each year's revenue calculated on the basis of the Last Twelve Months (LTM). The three-year CAGR of Nu Skin Enterprises is 10.1 percent.
"This is a wonderful honor and a direct reflection of our outstanding global sales force that is helping Nu Skin reach new heights of success as they focus on selling our proprietary ageLOC anti-aging products and sharing Nu Skin's powerful business opportunity," said Truman Hunt, president and chief executive officer of Nu Skin in a press statement. "Working together with our global management team, our talented sales leaders have helped Nu Skin reach record revenue levels in each of the past two years – with a third straight year of record revenue projected for 2011."
"This is a wonderful honor and a direct reflection of our outstanding global sales force that is helping Nu Skin reach new heights of success as they focus on selling our proprietary ageLOC anti-aging products and sharing Nu Skin's powerful business opportunity," said Truman Hunt, president and chief executive officer of Nu Skin in a press statement. "Working together with our global management team, our talented sales leaders have helped Nu Skin reach record revenue levels in each of the past two years – with a third straight year of record revenue projected for 2011."