Earnings Call Summary | Nu Skin Enterprises(NUS.US) Q1 2024 Earnings Conference
Earnings Call Summary | Nu Skin Enterprises(NUS.US) Q1 2024 Earnings Conference
The following is a summary of the Nu Skin Enterprises, Inc. (NUS) Q1 2024 Earnings Call Transcript:
以下是 Nu Skin Enterprises, Inc. (NUS) 2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Nu Skin reported Q1 revenue of $417.3 million, in line with guidance, despite facing foreign exchange pressure.
With successful expense reduction initiatives, the company delivered non-GAAP earnings per share at the high end of their anticipated range.
The Rhyz business registered a 57% increase in revenues totaling over $62 million, accounting for about 15% of the total enterprise revenue in Q1.
The company maintains its 2024 outlook with an anticipated annual tax rate between 25% to 35%.
儘管面臨外匯壓力，但如新公佈的第一季度收入爲4.173億美元，符合預期。
通過成功的支出削減舉措，該公司的非公認會計准則每股收益達到了預期區間的最高水平。
Rhyz業務的收入增長了57％，總額超過6200萬美元，約佔第一季度企業總收入的15％。
該公司維持其2024年的展望，預計年稅率在25％至35％之間。
Business Progress:
業務進展：
Nu Skin is transforming its core business while expanding its Rhyz product line.
The company plans to introduce a new product, 'Mind 360', targeting the booming cognitive health market.
The company is investing in 'affordable luxury' products to combat inflationary pressures on customer acquisition.
Nu Skin announced Justin Keisel as the new President of Global Sales to expand their affiliate model in the Americas.
The company has plans to enter the Indian market by 2025 and aims to eliminate 25%-30% of SKUs by 2025.
Nu Skin is investing in its Rhyz business by focusing on product innovation and accelerating growth in the beauty, wellness, and lifestyle industries.
The company is expanding into international markets, including India, Latin America, Southeast Asia, East Europe, Africa, and the Middle East.
The acquisition of BeautyBio provides unique insights and is stimulating market disruption in the beauty wellness space.
The company launched a sustainable packaging product line, Mind 360, aimed at improving cognitive health.
Nu Skin continues to evolve with the ambition of leading the world's beauty, wellness, and lifestyle ecosystem through core business expansion and Rhyz capabilities.
Nu Skin 正在改造其核心業務，同時擴大其 Rhyz 產品線。
該公司計劃推出一款名爲 “Mind 360” 的新產品，該產品針對蓬勃發展的認知健康市場。
該公司正在投資 “負擔得起的奢侈品” 產品，以應對客戶獲取方面的通貨膨脹壓力。
Nu Skin宣佈賈斯汀·凱塞爾爲新任全球銷售總裁，以擴大其在美洲的會員模式。
該公司計劃到2025年進入印度市場，目標是到2025年淘汰25％-30％的SKU。
Nu Skin通過專注於產品創新和加速美容、健康和生活方式行業的增長來投資其Rhyz業務。
該公司正在向國際市場擴張，包括印度、拉丁美洲、東南亞、東歐、非洲和中東。
對BeautyBio的收購提供了獨特的見解，並刺激了美容健康領域的市場顛覆。
該公司推出了可持續包裝產品線Mind 360，旨在改善認知健康。
Nu Skin繼續發展，其目標是通過核心業務擴張和Rhyz能力引領世界美容、健康和生活方式生態系統。
More details: Nu Skin Enterprises IR
更多詳情： Nu Skin 企業投資者關係
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。