Nu Skin Enterprises Files Q1 2024 10-Q
Ticker: NUS · Form: 10-Q · Filed: 2024-05-09T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, quarterly-report
TL;DR
**NU SKIN Q1 2024 10-Q FILED** - Check financials for latest performance.
AI Summary
Nu Skin Enterprises, Inc. filed its 10-Q for the period ending March 31, 2024. The filing details financial performance and operational updates for the first quarter of 2024. Key financial data and disclosures relevant to investors are presented, including information on their product lines and market performance.
Why It Matters
This filing provides investors with the latest financial health and operational performance of Nu Skin Enterprises, Inc. for the first quarter of 2024, crucial for investment decisions.
Risk Assessment
Risk Level: medium — The company operates in a competitive direct selling market, and its financial performance is subject to market trends and consumer spending.
Key Numbers
- 7.43% — Variable 30 day rate (Indicates short-term financing or investment rates.)
- 21% — Principal amount payable in installments (Relates to debt repayment structure over a five-year period starting September 30, 2022.)
Key Players & Entities
- NU SKIN ENTERPRISES, INC. (company) — Filer
- 20240331 (date) — Period of Report
- 20240509 (date) — Filing Date
- PROVO, UT (location) — Business Address
- GREGORY BELLISTON (person) — Contact Person
FAQ
What were Nu Skin Enterprises' total revenues for the first quarter of 2024?
The filing does not explicitly state the total revenues for Q1 2024 in the provided text snippet, but it covers the period from 2024-01-01 to 2024-03-31.
What is the company's fiscal year end?
The company's fiscal year ends on December 31.
When did the five-year installment payment period for 21% of the principal amount begin?
The five-year period began on September 30, 2022.
What is the Standard Industrial Classification code for Nu Skin Enterprises?
The SIC code is 5122, for Wholesale - Drugs, Proprietaries & Druggists' Sundries.
Who is listed as the contact person for mail and business address?
Gregory Belliston is listed as the contact person for both the business and mail addresses.
From the Filing
0001140361-24-025012.txt : 20240509 0001140361-24-025012.hdr.sgml : 20240509 20240508202745 ACCESSION NUMBER: 0001140361-24-025012 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 75 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240509 DATE AS OF CHANGE: 20240508 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NU SKIN ENTERPRISES, INC. CENTRAL INDEX KEY: 0001021561 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-DRUGS PROPRIETARIES & DRUGGISTS' SUNDRIES [5122] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 870565309 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-12421 FILM NUMBER: 24928125 BUSINESS ADDRESS: STREET 1: 75 WEST CENTER ST STREET 2: ATTN: GREGORY BELLISTON CITY: PROVO STATE: UT ZIP: 84601 BUSINESS PHONE: 801-345-1000 MAIL ADDRESS: STREET 1: 75 WEST CENTER ST STREET 2: ATTN: GREGORY BELLISTON CITY: PROVO STATE: UT ZIP: 84601 FORMER COMPANY: FORMER CONFORMED NAME: NU SKIN ENTERPRISES INC DATE OF NAME CHANGE: 19980909 FORMER COMPANY: FORMER CONFORMED NAME: NU SKIN ASIA PACIFIC INC DATE OF NAME CHANGE: 19960919 10-Q 1 ef20026282_10q.htm 10-Q false 12-31 2024 Q1 0001021561 4900000 Variable 30 day: 7.43% Variable 30 day: 7.43% 21% of the principal amount is payable in increasing quarterly installments over a five-year period that began on September 30, 2022, with the remainder payable at the end of the five-year term. 2024-02 2024-05 0001021561 2024-01-01 2024-03-31 0001021561 2024-05-01 0001021561 2024-03-31 0001021561 2023-12-31 0001021561 2023-01-01 2023-03-31 0001021561 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001021561 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2022-12-31 0001021561 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001021561 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2023-12-31 0001021561 us-gaap:RetainedEarningsMember 2023-12-31 0001021561 us-gaap:TreasuryStockCommonMember 2022-12-31 0001021561 us-gaap:TreasuryStockCommonMember 2023-12-31 0001021561 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001021561 2022-12-31 0001021561 us-gaap:RetainedEarningsMember 2022-12-31 0001021561 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001021561 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-03-31 0001021561 us-gaap:RetainedEarningsMember 2023-01-01 2023-03-31 0001021561 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2023-01-01 2023-03-31 0001021561 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-03-31 0001021561 us-gaap:TreasuryStockCommonMember 2024-01-01 2024-03-31 0001021561 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0001021561 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2024-01-01 2024-03-31 0001021561 us-gaap:TreasuryStockCommonMember 2023-01-01 2023-03-31 0001021561 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-31 0001021561 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0001021561 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001021561 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001021561 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-03-31 0001021561 us-gaap:TreasuryStockCommonMember 2024-03-31 0001021561 us-gaap:AdditionalPaidInCapitalMember 2023-03-31 0001021561 us-gaap:TreasuryStockCommonMember 2023-03-31 0001021561 us-gaap:RetainedEarningsMember 2024-03-31 0001021561 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2023-03-31 0001021561 2023-03-31 0001021561 us-gaap:RetainedEarningsMember 2023-03-31 0001021561 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2024-03-31 0001021561 nus:RestructuringPlan2023Member 2024-01-01 2024-03-31 0001021561 nus:RestructuringPlan2022Member 2024-01-01 2024-03-31 0001021561 us-gaap:InterestExpenseMember us-gaap:ReclassificationOtherMember 2023-01-01 2023-03-31 0001021561 us-gaap:OtherNonoperatingIncomeExpenseMember us-gaap:ReclassificationOtherMember 2023-01-01 2023-03-31 0001021561 nus:RhyzOtherS