Nu Skin initiates restructuring program

|About: Nu Skin Enterprises Inc. (NUS)|By:, SA News Editor

Nu Skin (NYSE:NUS) says it has adopted a restructuring program to align resources and capabilities.

"We believe that this restructuring program will accelerate our ability to achieve our future growth objectives and priorities," updates Nu Skin management.

The company anticipates taking a $70M pre-tax charge in Q4 related to the restructuring.

SEC Form 8-K

Shares of Nu Skin are down 29% over the last 90 days.

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