×
249
Fashion Jobs
TALENSETU SERVICES PRIVATE LIMITED
Production Manager
Permanent · Jeddah
ACCELERATE SOCIAL WELFARE FOUNDATION
Area Sales Manager-Jamui / Jehanabad/Nawada
Permanent · Jahanabad
STERLING MANUFACTURING COMPANY
Area Sales Manager Electrical Goods, Home Appliance All Over India
Permanent · Ranchi
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager (Uttarakhand)
Permanent · Uttarkashi
ACCELERATE SOCIAL WELFARE FOUNDATION
Area Sales Manager - Jharkhand (Only Males)
Permanent · Ranchi
ACCELERATE SOCIAL WELFARE FOUNDATION
Area Sales Manager-Vaishali/ Khagaria/ Begusarai
Permanent · Begusarai
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager (mp) All District
Permanent · Bhopal
ACCELERATE SOCIAL WELFARE FOUNDATION
Area Sales Manager - Jharkhand (Only Males)
Permanent · Deoghar
ACCELERATE SOCIAL WELFARE FOUNDATION
Area Sales Manager-Saran/ Madhubani/Saharsa
Permanent · Saharsa
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager (Rajasthan) All District
Permanent · Udaipur
GLOBAL TEXTILES ALLIANCE INDIA PVT LTD
Manager - Production Knitting
Permanent · Coimbatore
ACCELERATE SOCIAL WELFARE FOUNDATION
Area Sales Manager-Banka/ Kaimur/Patna
Permanent · Ottawa
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager (Bihar All District)
Permanent · Katihar
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager (Jharkhand All District)
Permanent · Ranchi
ACCELERATE SOCIAL WELFARE FOUNDATION
Area Sales Manager - Kanpur / Mirzapur / Allahabad
Permanent · Prayagraj
MEDLEY PHARMACEUTICALS LTD
District Sales Manager(Asm) - Chennai
Permanent · Chennai
MUMBAI ROZGAAR PRIVATE LIMITED
Hiring For Sales Manager in Edutech Company- (Gurgaon/Gurugram)
Permanent · Gurugram
GANGAR OPTICIANS PVT. LTD.
Opening For Area Manager(From Opticals) For Central Mumbai
Permanent · Mumbai
DR. JRK'S RESEARCH AND PHARMACEUTICALS PVT LTD.
Area Sales Manager (Pharma Experience is Must) - Jaipur
Permanent · Jaipur
ELICO MECHOPTRONIX PVT LTD
Requirement For Manager/sr. Manager - Operations (Mechanical)
Permanent · Hyderabad
MEDLEY PHARMACEUTICALS LTD
District Sales Manager(Asm) - Davangere
Permanent · Davanagere
ACCELERATE SOCIAL WELFARE FOUNDATION
Area Sales Manager-Gaya/ Munger/Sheikhpura
Permanent · Gaya
By
Reuters
Published
Oct 7, 2015
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Nu Skin cuts revenue estimate on strong dollar, weak China sales

By
Reuters
Published
Oct 7, 2015

Nu Skin Enterprises Inc, a direct seller of skin care and nutritional products, cut its revenue estimate for the third quarter, blaming a strong dollar and weak sales of its cosmetic oils in China.

The company's shares fell as much as 18.2 percent to $38.10 in extended trading on Tuesday.

Products from the ageLOC® Elements line - Nu Skin


Nu Skin estimated revenue of $570 million-$573 million for the quarter ended Sept. 30, much below the average analyst estimate of $621.5 million.

The company had previously forecast revenue of $600 million-$620 million.

Nu Skin said the stronger dollar lowered third-quarter revenue by more than $60 million from a year earlier.

The company said cosmetic oil sales in China were lower than expected in August and September, and added that the trend likely reflected economic conditions in the country.

Fears of China's economy heading for its slowest growth in 25 years are causing a headache for companies and is resulting in a trend of slowing consumer sales.

Nu Skin gets about 85 percent of its revenue from international markets.

The company has also struggled with a host of regulatory problems in China, including a $540,000 fine last year for illegal sales and for misleading consumers about the effectiveness of its products.

The Greater China region, which includes Taiwan and Hong Kong, is Nu Skin's biggest market and accounted for 35 percent of total sales in the second quarter.


 

© Thomson Reuters 2021 All rights reserved.