Revenue in Line with Guidance
Q1 revenue of $320.6 million was within guidance, including a 1% favorable foreign currency impact, and management maintained full-year guidance with more clarity expected after Q2.
Adjusted EPS in Line with Expectations
Adjusted earnings per share were $0.14 for the quarter (GAAP EPS $0.04), reported as in-line with guidance after excluding charges related to winding down the BeautyBio business and other items.
Prysm iO Early Adoption and Data Scale
Nearly 2 million Prysm iO scans from over 30,000 devices (plus 20 million historical biophotonics scans) demonstrating early traction; subscription volume up 5% year-over-year and subscribers as a percent of total customers up 14% year-over-year.
Nutrition Ecosystem Strength and Product Growth
Products certified to raise Prysm iO scores are outperforming total product sales; flagship LifePak brand grew more than 10% year-over-year, supporting measurement-based wellness strategy.
Regional Momentum in Key Markets
Sustained growth in Latin America and continued improvement in Mainland China with leader engagement around Tru Face anti-aging rollout; management also progressing pre-market efforts in India for a planned formal launch later in the year.
Balance Sheet and Capital Return Actions
Completed refinancing extending credit maturities through 2031 and improving cost of borrowing; returned approximately $8 million to shareholders (dividends $3M, repurchases $5M) with $137.3 million remaining under repurchase authorization.
Gross Margin Progress in Core Business
Core Nu Skin gross margin improved to 76.9%, up 20 basis points year-over-year; consolidated adjusted gross margin was 67.9% versus 67.8% prior year (stable).
Forward Revenue and EPS Guidance Shows Sequential Improvement
Q2 guidance calls for revenue of $330M to $360M and EPS of $0.15 to $0.25, reflecting management's expectation of sequential improvement from Q1.