Nu Skin Reports Q3 2026 Revenue of $311 Million Amid Core Business Declines
Nu Skin Enterprises (NUS) reported third-quarter revenue of $311 million, meeting management guidance despite significant headwinds in its core direct-selling business. The company experienced an 18% decline in its total customer base and a 10% drop in paid affiliates compared to the previous year. These declines were partially offset by strong performance from Rhyz Manufacturing, which saw revenue grow by 19.3% to $56.8 million. To combat shrinking margins and core business weakness, management is focusing on an organizational transition toward an 'East-West' operating model and expanding its intelligent wellness platform via the Prysm iO device. While gross margins compressed to 65.0% due to a shift in revenue mix, the company successfully reduced general and administrative expenses through cost-rightsizing efforts.
Tickers: $AAPL $AMZN $GOOG $META $MSFT $NUS $NVDA $TSLA
Topics: Customer base reduction Financial results Gross margin compression Revenue decline