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Japan keeps bringing out new issues in companies in America which many might not have considered. One such name is Nu Skin Enterprises Inc. (NYSE: NUS), which develops and distributes anti-aging personal care products and nutritional supplements. A research call update from Canaccord Genuity highlights some of the risk and also the opportunity which exists here after Japan has taken a severe bite out of its share price in the last two days.

The research notes that the complete impact of the recent Japanese earthquake will not be known for some time, and it admits that sales of discretionary goods are likely to take a hit near-term. Canaccord Genuity’s Consumer Products Analyst is Scott Van Winkle and he noted significant exposure to Japan of about 30% of his expected 2011 revenue forecasts were expected to come from Japan. Again, sales are expected to be hit and the outcome of ongoing challenges currently remains unclear.

Van Winkle indicated that each 1% disruption to Japanese revenue versus his forecast will impact consolidated revenue by $4.7 million, while the impact to earnings will be roughly $0.02 EPS for each 1% sales disruption. That still assumes that incremental sales deliver a 40% contribution margin. He also noted that Nu Skin’s operations suffered no major physical impacts from the earthquake and tsunami.

Read more: Nu Skin: Japan Drop May Be Opportunity (NUS) - 24/7 Wall St. http://247wallst.com/2011/03/15/nu-skin-japan-drop-may-be-opportunity-nus/#ixzz1GhKQ6abJ
 

Nu Skin President of the Southeast Asia Region Melisa Tantoco-Quijano was honored as the Best Asian Executive by the 2010 International Stevie Awards for Women in Business. The awards recognize the accomplishments of outstanding women executives, business owners and the organizations they run.

“Melisa is an invaluable member of the Nu Skin team and highly deserving of this recognition,” said Truman Hunt, Nu Skin president and chief executive officer. “Under Melisa’s leadership, the Southeast Asian region has become the jewel of Nu Skin and is currently the fastest growing region for the company. Melisa also exemplifies the Nu Skin culture through her unyielding commitment to supporting our local sales leaders, as well as her long-standing dedication to the Southeast Asia Children's Heart Fund.”

Overseeing six countries, more than 300 employees and nearly 4,000 executive distributors, Quijano led Southeast Asia to a strong year in 2009, generating $109 million in revenue. Southeast Asia reported significant growth for eleven consecutive quarters beginning in 2008. Revenue in South Asia/Pacific was $50.2 million for the third quarter of 2010, a 55 percent improvement over the prior year.

Source: PR Web

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This is awesome!

Nu Skin Enterprises, Inc. today announced that more than 200 million meals have been donated to malnourished and hungry children around the world through its innovative social enterprise program – the Nourish the Children initiative. The result is more than 100,000 hungry children now are being nourished every day. Nu Skin distributors, customers and employees, purchase and donate nutrient-dense VitaMeal® as part of this humanitarian initiative the company introduced in 2002.

“In just over eight years the Nu Skin family has donated more than 200 million servings of VitaMeal.” said Steve Lund, vice chairman of Nu Skin Enterprises board of directors and executive director of the Nourish the Children initiative. “This is an incredible milestone in Nu Skin’s history. Each additional donation means one more child is nourished and able to claim a brighter future. The driving force behind Nu Skin has always been, and will always be, improving people’s lives.”

Source: Nu Skin

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Nu Skin unveiled the architectural renderings of their new $80 million Innovation Center today and also announced that Provo City Council has approved the purchase of one block of 100 West Street.

“We are pleased to be moving forward in our planned development project that will feature a new Innovation Center and expanded downtown campus,” said Truman Hunt, Nu Skin president and chief executive officer. “This is a significant project that will help us foster an innovative environment to support a continual stream of cutting-edge anti-aging products and compelling business opportunities for our distributors.”

Nu Skin anticipates completing the project in 2013 - they will break ground on the expansion project sometime this spring.

“The openness of the new building design and highly transparent architecture, as well as additional green space, should result in a distinctive landmark for Provo that will integrate well with existing buildings and at the same time help enliven the downtown area,” said Ray Calabro AIA, principal at Bohlin Cywinski Jackson and lead architect on the project.

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