|HSI||#N/A Connection||#N/A Connection|
|HSCEI||#N/A Connection||#N/A Connection|
|DJIA||#N/A Connection||#N/A Connection|
|S&P500||#N/A Connection||#N/A Connection|
|NASDAQ||#N/A Connection||#N/A Connection|
|NIKKEI225||#N/A Connection||#N/A Connection|
|US INITIAL CLAIMS||#N/A Connection|
|US CONTINUOUS CLAIMS||#N/A Connection|
|CONSUMER SENTIMENT||#N/A Connection|
|US CPI||#N/A Connection|
|US TRADE BALANCE||#N/A Connection|
|US UNEMPLOYMENT||#N/A Connection|
|FED RATE||#N/A Connection|
Nu Skin Enterprises Inc. shares fell in the extended session Tuesday after the beauty and wellness products maker cut its outlook. Nu Skin shares fell 14% after hours, following a 3.4% rise to close the regular session at $45.51. The company forecast earnings of 82 cents to 84 cents a share on revenue of $622 million to $623 million for the second quarter, and $3.20 to $3.25 a share on revenue of $2.48 billion to $2.52 billion for the year. Analysts surveyed by FactSet had estimated earnings of 93 cents a share on revenue of $672.5 million for the second quarter, and $3.94 a share on revenue of $2.77 billion for the year. "We are adjusting our guidance for the year primarily due to a reduced revenue outlook in Mainland China following the government s 100-day campaign to review and inspect the health products and direct selling industries," said Nu Skin Chief Executive Ritch Wood in a statement. "Continued restrictions on sales meetings, as well as media scrutiny, have negatively impacted consumer sentiment and contributed to this adjustment."
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.