nu skin enterprises inc - a (NUS) Key Developments
Nu Skin Enterprises Inc. Adds Edwina D. Woodbury to Board of Directors
Jun 24 15
Nu Skin Enterprises Inc. announced the addition of Edwina D. Woodbury, to Nu Skin's board of directors. Woodbury is currently the president and CEO of The Chapel Hill Press and has held several executive and board positions with other companies. Woodbury has served as president and CEO of The Chapel Hill Press since 1999.
Nu Skin Enterprises, Inc. Enters into Amendment No. 1 to the Credit Agreement
May 19 15
On May 14, 2015, Nu Skin Enterprises Inc., Bank of America, N.A., HSBC Bank USA, N.A., Royal Bank of Canada, Fifth Third Bank, KeyBank National Association, Zions First National Bank, and Deutsche Bank AG New York Branch, entered into Amendment No. 1 to the credit agreement, dated as of October 9, 2014, by and among the company and the foregoing lenders, with Bank of America, N.A. serving as Administrative Agent. The amendment narrowed the definition of 'Change of Control' to provide that it will not qualify as a change of control in a situation where a majority of the members of the incumbent board approves new directors as a result of an actual or threatened proxy contest and changed the borrowing provisions to provide that if the company fails to give a timely notice requesting the continuation of a eurodollar loan, such loan shall generally be continued as a eurodollar loan with an interest period of one month.
Nu Skin Enterprises Inc. Presents at Citi 2015 Global Consumer Conference, May-27-2015 through May-28-2015
May 9 15
Nu Skin Enterprises Inc. Presents at Citi 2015 Global Consumer Conference, May-27-2015 through May-28-2015. Venue: The Plaza, a Fairmont Managed Hotel, Fifth Avenue at Central Park South, New York, NY 10019, United States. Presentation Date(s): May-27-2015. May-28-2015.
Nu Skin Enterprises, Inc. Declares Quarterly Dividend, Payable on June 10, 2015
May 6 15
Nu Skin Enterprises Inc. announced its board of directors has declared a quarterly dividend of $0.35 per share, which will be paid on June 10, 2015, to stockholders of record on May 22, 2015.
Nu Skin Enterprises Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Second Quarter and Full Year of 2015
May 6 15
Nu Skin Enterprises Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net income of $36.3 million or $0.60 per diluted share compared to $54.85 million or $0.90 per diluted share reported in the same period last year. Revenue was $543.3 million against $671.1 million reported last year. Operating income was $68.6 million against $101.2 million reported last year. Income before provision for income taxes was $56.4 million against $83.7 million reported last year. Cash flow from operations for the quarter was $74.2 million. Revenue in the quarter was negatively impacted 7% by foreign currency fluctuations. Results in the current quarter were negatively impacted by a strong U.S. dollar.
The company anticipate second-quarter revenue of $540 to $560 million with earnings per share of $0.72 to $0.75.
For the year, The company anticipates revenue of $2.45 to $2.50 billion, reflecting a negative impact from foreign currency of approximately 7%, with earnings per share of approximately $3.65 to $3.75.