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NuSkin raises guidance

This article was originally published in The Rose Sheet

Executive Summary

NuSkin President and CEO Truman Hunt says "very successful prelaunch of our flagship ageLOC skin-care system at our global distributor convention, as well as our anticipation that Japan will continue to see a small trend improvement in the fourth quarter," have compelled NuSkin to bump up its fourth-quarter revenue projections. Provo, Utah company now expects fourth-quarter revenue in the range of $360 mil. to $365 mil., representing a 4.9% to 5% increase from its original guidance, according to Nov. 17 release. Firm anticipates booking roughly $1.31 billion in sales for the year, and $1.37 to $1.4 billion in 2010, according to CFO Ritch Wood
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