- 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
at Nasdaq.com (Jan 21, 2015)