Nuskin Shows Flat Sales in 2006

Posted on 13. Feb, 2007 by Ty Tribble in Network Marketing - MLM

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Joining Quixtar, billion dollar Network Marketing company, Nuskin showed flat sales in 2006 as well:

For the year, the company (Nuskin) reported revenue of $1.115 billion, compared to $1.181 billion in 2005. Earnings per share for 2006 were $0.47 with net income of $32.8 million. Excluding restructuring and impairment charges, earnings per share would have been $0.75, while net income would have been $52.7 million. These results are compared to 2005 earnings per share of $1.04 and net income of $74.0 million. A reconciliation of reported GAAP numbers is included in the attached financial tables. Foreign currency fluctuations negatively impacted 2006 revenue by 1 percent.