Earnings Call Summary | Nu Skin Enterprises(NUS.US) Q2 2024 Earnings Conference
Earnings Call Summary | Nu Skin Enterprises(NUS.US) Q2 2024 Earnings Conference
The following is a summary of the Nu Skin Enterprises, Inc. (NUS) Q2 2024 Earnings Call Transcript:
以下是如新集团（NUS）2024年第二季度业绩会交流摘要：
Financial Performance:
金融业绩：
Q2 revenue for Nu Skin was $439.1 million, impacted negatively by foreign currency headwinds of 4.2%.
Non-GAAP earnings per share were at the upper range of guidance, reflecting effective cost management and business transformation progress.
Gross margin for the core Nu Skin segment was 76.1%, a slight decrease from the previous year due to geographic revenue shifts and fixed costs over lower volumes.
Operating margin for Q2 was negative 28.6%, or 5.4% excluding restructuring and impairment charges.
Nu Skin plans to continue with SKU rationalization, aiming a 20% reduction by end of 2024 to improve gross margin.
如新第二季度营业收入为4391万美元，受4.2%的外汇头寸不利影响。
非GAAP每股收益处于上限指引，反映出有效的成本管理和业务转型进展。
核心如新板块的毛利率为76.1%，轻微下降，原因是由于地理业务收入转移和固定成本下降。
第二季度营业利润率为负28.6%，或排除重组和减值损失后为5.4%。
如新计划继续进行SKU有理化，旨在到2024年底减少20%以提高毛利率。
Business Progress:
业务进展：
Nu Skin is transitioning from a traditional direct selling to an integrated beauty, wellness, and lifestyle company.
Significant growth in the Rhyz business sector, with revenue up 32% this quarter and expected to form 20-25% of total revenue by 2025.
Introduction of new products like Ageloc, Wellspa IO, and RenewspA IO, contributing significantly to revenue.
Highlighted upcoming global launch of Mind 360 for cognitive health support and plans to enhance brand visibility and expand into developing and emerging markets with revised operating models.
如新正在从传统的直销公司转型为一家集美容、健康和生活方式为一体的综合公司。
Rhyz板块出现显著增长，本季度收入增长32%，预计在2025年占总收入的20-25%。
引入新产品Ageloc，Wellspa IO和RenewspA IO，为收入做出了重要贡献。
强调即将在全球推出Mind 360以支持认知健康，并计划通过修订运营模式扩大品牌能见度并进入不断发展的新兴市场。
Opportunities:
机会：
Continued development and expansion of the Rhyz business, expected to rapidly increase its revenue contribution to the company.
Launching new products like Mind 360 to tap into the $9 billion global cognitive health market.
Plans to enhance overall brand awareness and presence in digital marketplaces such as Amazon to boost engagement and conversions.
持续开发和扩大Rhyz板块，预计其对公司的收入贡献将快速增长。
推出Mind 360等新产品以进入价值90亿美元的全球认知健康市场。
计划增强在数字市场如亚马逊等的整体品牌知名度和存在感，以提高参与度和转换率。
Risks:
风险：
Persistent macroeconomic headwinds impacting consumer spending and customer acquisition, particularly in the premium goods sector.
Specific operational challenges in China due to macro trends affecting market dynamics.
宏观经济巨浪持续打击消费者支出和客户获取，特别是在高端商品领域。
由于宏观趋势影响市场动态，中国存在特定的运营挑战。
More details: Nu Skin Enterprises IR
更多信息请参考如新集团投资者关系网站。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文由AI生成。文章内容的准确性无法完全保证。有关更全面的详细信息，请参阅IR网站。本文只是为投资者提供参考，没有任何指导或推荐建议。