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年第一季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
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%.
尽管面临外汇压力，但如新公布的第一季度收入为4.173亿美元，符合预期。
通过成功的支出削减举措，该公司的非公认会计准则每股收益达到了预期区间的最高水平。
Rhyz业务的收入增长了57％，总额超过6200万美元，约占第一季度企业总收入的15％。
该公司维持其2024年的展望，预计年税率在25％至35％之间。
Business Progress:
业务进展：
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 正在改造其核心业务，同时扩大其 Rhyz 产品线。
该公司计划推出一款名为 “Mind 360” 的新产品，该产品针对蓬勃发展的认知健康市场。
该公司正在投资 “负担得起的奢侈品” 产品，以应对客户获取方面的通货膨胀压力。
Nu Skin宣布贾斯汀·凯塞尔为新任全球销售总裁，以扩大其在美洲的会员模式。
该公司计划到2025年进入印度市场，目标是到2025年淘汰25％-30％的SKU。
Nu Skin通过专注于产品创新和加速美容、健康和生活方式行业的增长来投资其Rhyz业务。
该公司正在向国际市场扩张，包括印度、拉丁美洲、东南亚、东欧、非洲和中东。
对BeautyBio的收购提供了独特的见解，并刺激了美容健康领域的市场颠覆。
该公司推出了可持续包装产品线Mind 360，旨在改善认知健康。
Nu Skin继续发展，其目标是通过核心业务扩张和Rhyz能力引领世界美容、健康和生活方式生态系统。
More details: Nu Skin Enterprises IR
更多详情： Nu Skin 企业投资者关系
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：欲了解更多详情，请访问投资者关系网站。本文仅供投资者参考，不构成任何投资建议。
译文内容由第三方软件翻译。