Press Releases - 2011
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PROVO, Utah—Dec. 29, 2011—Nu Skin Enterprises, Inc. announced today that its ageLOC Future Serum was named “The Best Anti-Wrinkle Serum” in the second-annual New Beauty Choice Awards. New Beauty magazine recognizes the best products in the health and beauty industry and winners are determined by the votes of thousands of New Beauty magazine readers, as well as top beauty experts and the editors of...
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PROVO, Utah—Dec. 19, 2011—Nu Skin Enterprises, Inc. (NYSE: NUS) announced today the ground breaking of its new Greater China Innovation Park in Shanghai, China. The approximately $50 million, state-of-the-art complex will serve as the headquarters for the Greater China region and feature world-class anti-aging research and development laboratories, as well as manufacturing facilities, modern meeti...
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PROVO, Utah—Dec. 16, 2011—Nu Skin was honored as a “Best Company to Work For” by Utah Business Magazine in the larger company category for the fourth consecutive year in a row. The magazine surveyed the state’s top public and private companies in an effort to distinguish those that recognize there is more to a job than just money. A company representative outlined Benefits and company policies, an...
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PROVO, Utah—Dec. 14, 2011—Nu Skin Enterprises, Inc. (NYSE:NUS) today announced that it has closed the transaction to acquire LifeGen Technologies, LLC, a genomics company based in Madison, Wisconsin for $11.7 million. The Nu Skin purchase will result in the transfer of substantially all of the assets of LifeGen to Nu Skin, including its proprietary tissue bank and gene expression database, patent...
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PROVO, Utah – Nov. 16, 2011 – Nu Skin Enterprises, Inc. (NYSE: NUS) updated its fourth quarter 2011 and recently-issued 2012 financial guidance in advance of its annual investor day later today. The company increased its fourth quarter revenue guidance to $475 to $485 million, and earnings per share by $0.02 to $0.68 to $0.72. The company also increased 2012 revenue guidance to $1.80 to $1.83 bill...
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PROVO, Utah—Oct. 28, 2011—Nu Skin Enterprises, Inc. (NYSE:NUS) commenced its global convention with the announcement of new products, sales initiatives and milestones for its non-profit Foundation. In addition, the company’s executive Chairman of the Board, Blake M. Roney, announced that he has accepted a three-year leadership assignment to serve as a volunteer for The Church of Jesus Christ of La...
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PROVO, Utah—Oct. 27, 2011—Nu Skin Enterprises, Inc. (NYSE:NUS) is pleased to announce that it has executed a letter of intent to acquire LifeGen Technologies, LLC, a genomics company based in Madison, Wisconsin for $11,662,500. The letter of intent includes the acquisition of substantially all of the assets of LifeGen, including its tissue bank, proprietary gene expression database, patents and in...
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PROVO, Utah — Oct. 25, 2011 — Nu Skin Enterprises, Inc. (NYSE: NUS) today announced record third-quarter results with revenue of $428 million, a 12 percent improvement over the prior-year period. Revenue benefited 8 percent from foreign currency fluctuations. Earnings per share for the quarter were $0.72, a 31 percent year-over-year improvement. Earnings were impacted by an income tax benefit of $...
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PROVO, utah—Aug. 26, 2011—Nu Skin Enterprises, Inc. was named a Utah Business magazine Fast 50 company for the second consecutive year. The recognition as one of Utah’s 50 fastest growing companies comes on the heels of Nu Skin’s third consecutive year of record revenue, reaching $1.54 billion in 2010.
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PROVO, Utah—Aug. 17, 2011—Nu Skin Senior Scientist Jia-Shi (Josh) Zhu, Ph.D., has accepted a three-year appointment as adjunct professor in the Department of Applied Biology and Chemical Technology at Hong Kong Polytechnic University. The arrangement allows Zhu to share his scientific expertise and provide guidance in the area of traditional Chinese medicine (TCM) and cooperate on related research...
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PROVO, Utah—Aug. 2, 2011—Nu Skin Enterprises, Inc. (NYSE: NUS) today announced record second-quarter results, with revenue of $424.4 million, a 9 percent improvement over the prior-year period. Quarterly revenue was positively impacted 8 percent by foreign currency fluctuations. Earnings per share for the quarter were $0.65, a 30 percent improvement over the prior year.
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PROVO, Utah—July 26, 2011—Nu Skin Enterprises, Inc. (NYSE: NUS) was recently praised for a second year with two Communitas Awards for outstanding corporate social responsibility programs through the Nu Skin Force for Good Foundation. The awards recognize the foundation’s ongoing support of the School of Agriculture for Family Independence (SAFI) at Mtalimanja Village in Malawi, as well as a collec...
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PROVO, Utah – July 20, 2011 – Nu Skin Enterprises, Inc. (NYSE: NUS) today announced that Neil H. Offen, recently retired president and chief executive officer of the U.S. Direct Selling Association, has been appointed to the company’s board of directors.
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PROVO, Utah—July 19, 2011—Nu Skin Enterprises, Inc. (NYSE: NUS) today announced that its board of directors has declared a 19 percent increase in the quarterly cash dividend to $0.16 per share, compared to the previous dividend of $0.135 per share. This $0.10 per year increase begins in the third quarter and will be paid on Sept. 14, 2011, to shareholders of record as of Aug. 26, 2011.
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PROVO, Utah—July 18, 2011—Nu Skin Enterprises, Inc. (NYSE: NUS) breaks ground today on its new $85 million Innovation Center, expanding its corporate headquarters and housing 900 employees at the downtown campus. The plans include a new state-of-the-art anti-aging research and development center, technology hub and modern collaborative and green spaces.