Shares of Nu Skin Enterprises Inc. (NUS) jumped more than 11% in the extended session Wednesday after the maker of supplements and personal care products estimated that its second-quarter sales will be between $603 million and $608 million, above its previous forecast. That is due to "strong global customer growth with particular strength in the Americas and Europe," with online sales accounting for 80% of volume, Nu Skin said. The company had called for second-quarter sales between $520 million and $550 million previously. Nu Skin said it would report results and provide a full-year outlook on Aug. 5 after the bell. Analysts polled by FactSet expect Nu Skin to report adjusted earnings of 49 cents a share on sales of $541 million.
-Claudia Assis; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
July 01, 2020 16:47 ET (20:47 GMT)
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