US direct selling cosmetics company Nu Skin Enterprises has made its intention for the second half of 2015 plain and clear – a return to revenue growth.
Despite the company generating revenue of $560.2m in Q2 2015, down on the $650m it made in the same period in 2014, it was acknowledged that revenue was negatively impacted 7% by foreign currency fluctuations. The company’s President and CEO, Truman Hunt, said he was “pleased with the direction of the business” and confirmed that the company anticipates a return to revenue growth in the second half of the year.
Looking at all of Nu Skin’s active markets, there were declines across the board in both Q2 and half year revenue results. However, on a constant currency basis, the Americas did manage a 5% increase in revenues