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Nu Skin offers earnings guidance for fiscal 2013

Published November 14, 2012 8:04 am

This is an archived article that was published on sltrib.com in 2012, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.

Nu Skin Enterprises, the Provo-based multilevel marketing firm that sells nutritional and healthcare products, is projecting that its revenue will reach $2.25 billion to $2.30 billion for its 2013 fiscal year.

If that projection is reached it will represent a 7 percent to 9 percent increase over fiscal 2012.

"As we conclude another successful year, we continue to generate healthy momentum and are projecting 2013 to be another record breaking year," said Truman Hunt, president and CEO.

Earnings are estimated to be $3.70 to $3.85 per share, an increase of 10 percent to 15 percent over 2012.