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Nu Skin Enterprises, Inc. (NYSE:NUS) Q4 2024 Earnings Call Transcript

The article provides a transcript of Nu Skin Enterprises Inc.'s Q4 2024 earnings call. During the call, CEO Ryan Napierski and CFO James D. Thomas discussed the company's financial performance for the fourth quarter and the full year of 2023. Key points included a revenue decrease of 6% year-over-year to $488.6 million, primarily due to macroeconomic challenges in Greater China and the Americas. Despite the revenue drop, the company managed to increase its adjusted earnings per share to $0.37 from $0.23 in the prior year, thanks to cost-saving measures and operational efficiencies. They also highlighted the launch of new products like the ageLOC WellSpa iO and the Vera and LumiSpa iO, aimed at driving future growth. The call also covered strategic initiatives for 2024, focusing on enhancing digital tools, expanding product offerings, and improving customer engagement through personalized experiences. Additionally, the company provided guidance for 2024, expecting a slight revenue decline but with plans to improve profitability through continued cost management and innovation.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/economy/nu-skin-enterprises-inc-nyse-nus-q4-2024-earnings-call-transcript/ar-AA1z6NPX ]