Nu Skin (NYSE:NUS) reports revenue fell 15% in Q4 as its customer base remained “relatively” strong, but its sales leader count was down due to a drop in Mainland China.
Gross margin fell 40 bps to 75.9% of sales. G&A expenses were up 350 bps to 27.4% of sales off higher convention expenses.
Looking ahead, Nu Skin expects Q1 revenue of $480M to $510M vs. $596M consensus and EPS of $0.23 to $0.33.
Shares of Nu Skin are down 13.05% AH to $31.11.
Previously: Nu Skin EPS in-line, beats on revenue (Feb. 12)
https://seekingalpha.com/news/3541320-nu-skinminus-13-after-soft-guidance
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.