Stunning margin meltdown at Nu Skin

Shares of Nu Skin (NYSE:NUS) are getting shellacked after the company misses Q2 earnings estimates by a wide margin.

Foreign currency swings clipped two full percentage points from sales, while a write-down of inventory in China was an earnings drag.

Operating margin fell a stunning 870 bps to 8.4% during the quarter on higher expenses (as a percentage of sales) and the headaches in China.

NUS -9.5% premarket

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Comments (1)
  • Quoth the Raven
    , contributor
    Comments (2063) | Send Message
    Shellacked? Tell me you didn't steal that from me!
    6 Aug 2014, 09:36 AM Reply Like
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