Nu Skin Reports Sixth Consecutive Record Quarter
SEE WHAT TRUMAN HUNT SAID ABOUT NU SKIN'S SUCCESS
Tuesday, November 2, 2010
Nu Skin today announced record third-quarter results, with revenue of $383.6 million, a 15 percent improvement over the prior-year period - making it the sixth consecutive quarter Nu Skin has achieved.
Take a look at what Truman Hunt said in the press release that was sent out earlier this morning:
“Our ageLOC anti-aging platform gives us a long-term competitive advantage with highly innovative anti-aging solutions in both skin care and nutrition,” said Hunt. “We have now rolled out the ageLOC Transformation skin care system in all of our markets and are generating strong, sustained revenue growth worldwide. We are particularly pleased with the emerging markets of South Asia/Pacific and Mainland China where we posted local currency revenue gains of 43 percent and 29 percent, respectively.”
“In September we also initiated a limited-time offer of our first ageLOC nutritional product, ageLOC Vitality, generating very encouraging results in Japan and the United States. Both markets experienced revenue trend improvements during the quarter, benefiting from distributor enthusiasm surrounding the new ageLOC Vitality product.”
“Given our strong performance, we are on pace to post another year of record revenue and earnings,” said Hunt. “We are creating healthy growth with our ageLOC anti-aging platform, generating solid gains in our global business and making steady improvements in operational efficiency.
“The catalyst for our growth over the past few years has been the infusion of ageLOC anti-aging science into our skin care line. We are now taking the battle against aging ‘inside’ with the introduction of ageLOC Vitality. Recognizing that one of the first signs of aging is diminished energy levels, ageLOC Vitality is scientifically formulated to promote healthy gene activity associated with youthful energy production. The initial reaction to our limited-time offering of ageLOC Vitality was very promising, and we look forward to broadening distribution during the fourth quarter,” concluded Hunt.
To read the full press release, click HERE.