PROVO, Utah, Jan. 3, 2012/PRNewswire/ -- Nu Skin Enterprises, Inc. (NYSE: NUS) announced today that it has been named one of the world's fastest growing public companies in The International Business Times' 2011 IBT 1000 listing. Additionally, Nu Skin was one of the 10 fastest growing companies ranked in the Household and Personal Products category and the largest company represented in this group.
"This is a wonderful honor and a direct reflection of our outstanding global sales force that is helping Nu Skin reach new heights of success as they focus on selling our proprietary ageLOC anti-aging products and sharing Nu Skin's powerful business opportunity," said Truman Hunt, president and chief executive officer of Nu Skin. "Working together with our global management team, our talented sales leaders have helped Nu Skin reach record revenue levels in each of the past two years - with a third straight year of record revenue projected for 2011."
The 2011 IBT 1000 Fastest Growing Companies list ranks companies using its three-year revenue Compound Annual Growth Rate (CAGR), with each year's revenue calculated on the basis of the Last Twelve Months (LTM). The three-year CAGR of Nu Skin Enterprises is 10.1 percent.
About International Business Times
International Business Times is an online global business
newspaper, comprising of 18 editions, published in 10
languages. It is among the top three online business
newspapers in the world. The publication, sometimes called
IBTimes, offers news, analysis and opinions on
geo-politics, global economy, markets, large and small cap
companies, science and technology, and business life and
culture. The company launched its website in 2005 with the
vision of serving all the countries in the world with
comprehensive business coverage. It is a privately-held
company wholly owned by its Board of Directors. Its global
headquarters are in the Financial District of New
York City.
About Nu Skin Enterprises, Inc.
Nu Skin Enterprises, Inc. demonstrates its tradition of
innovation through its comprehensive anti-aging product
portfolio, independent business opportunity and corporate
social responsibility initiatives. The company's
scientific leadership in both skin care and nutrition has
established Nu Skin as a premier anti-aging company,
evidenced in its unique ageLOC™ science that addresses
aging at its source. The company's anti-aging products
feature the new ageLOC suite of products including the
ageLOC R(2) nutritional supplement, ageLOC Galvanic Spa
System and Galvanic Body Spa™, as well as the ageLOC
Transformation daily skin care system. A global direct
selling company, Nu Skin operates in 52 markets worldwide
and has more than 825,000 independent distributors. Nu Skin
is traded on the New York Stock Exchange under the symbol
"NUS." More information is available at .
Please note: This press release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding the company's results of operation and strategy. These forward-looking statements are based on current information and expectations, and are subject to risks and uncertainties discussed in company filings with the U.S. Securities and Exchange Commission, which could cause the company's actual results to differ materially from expected results. The company undertakes no obligation to publicly update any forward-looking statement contained in this press release, whether as a result of new information, future developments or otherwise, except as may be required by law.
SOURCE Nu Skin Enterprises, Inc.
CONTACT: Media, Kara Schneck, +1-801-345-2116, kschneck@nuskin.com; Investors, Scott Pond, +1-801-345-2657, spond@nuskin.com
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