The First quarter earnings call just ended, bold emphasis is mine
Nu Skin Enterprises Reports Record First-Quarter Revenue and Raises Annual Guidance
PR Newswire Wednesday May 4, 2011, 7:30 am EDT
PROVO, Utah, May 4, 2011 /PRNewswire/ -- Nu Skin Enterprises, Inc. (NYSE: NUS)
today announced record first-quarter revenue of $395.8 million, a 9 percent
improvement over the prior year. Revenue for the quarter was positively impacted
5 percent by foreign currency fluctuations. Earnings per share for the quarter were
$0.24. Excluding non-cash charges of $32.8 million associated with a recent Japan
customs ruling, earnings per share were $0.56. This compares to earnings per share
in the prior-year period of $0.48.
"Our solid first-quarter performance was driven by growth in our distributor force,
our dynamic product portfolio, strength in emerging markets, and a continued focus
on profitability and shareholder value," said Truman Hunt, president and CEO. "We
continue to lap quarters from the prior year that included large revenue increases
associated with the launch of ageLOC products in various regions. Posting growth
against large comparable quarters is particularly encouraging. In fact, we had our
largest revenue month in company history in March.
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