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Nu Skin sales

This article was originally published in The Rose Sheet

Executive Summary

Personal care sales fell 6% to $112 mil. in the second quarter, with increased revenue from China offset by declines in other markets and a revenue shift to Pharmanex division in countries impacted by SARS, direct-seller reports July 29. Launch of Tru Face Essence in Japan during the period posted better than expected sales during the quarter. Skin firming product is expected to generate $10 mil. in revenue in Japan for the year and will roll out to Taiwan and South Korea in the third quarter, company says. Consolidated sales including Pharmanex and Big Planet dropped 1.7% to $240.7 mil., and net income fell 6.7% to $16.8 mil...
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