CNDSN December 19th dispatch (Rednet) Abstract: the core in China suspected MLM after walking hardships of skin care and health care products USA Direct Selling Company Nu Skin Enterprises, such as Inc. set performance goals for the 2015 fiscal year failed to meet market expectations, in the announcement on Friday, Nu Skin Enterprises, Inc. (NYSE: NUS) as the new representation has been officially approved to carry out direct selling activities in the five districts of Shanghai and the city of Jiangsu two.

In China suspected MLM after walking hardships of skin care and health care products USA Direct Selling Company Nu Skin Enterprises, Inc. (NYSE: NUS) as a new performance goals for the 2015 fiscal year failed to meet market expectations, its shares fell 6.47% Friday, falling to $40.16, the cumulative decline in stocks in 2014 expanded to nearly 71%.

Because of a strong dollar and the Chinese regulatory measures authorities worry, Nu Skin Enterprises, Inc. (NYSE: NUS) fiscal year 2015 is expected to achieve earnings per share of $3.80-4.00, far less than the market forecast of $4.15, the annual income is expected to be between 25.0-25.6 million, 6 percentage points include the effects of exchange rate, in line with market expectations.

Nu Skin Enterprises, Inc. (NYSE: NUS) as the new super 1/3 of the revenue from including Hongkong and Taiwan, Greater China region. Has been in the area of high-speed growth of Nu such as Skin in mid January this year suffered a "people's Daily" three days of continuous issued critical suspected pyramid schemes, and suffered the investigation. But at the end of 3 the case ends, such as the new Nu Skin only by the State Administration for Industry and Commerce totaling 3364000 yuan, or about $540000 penalty light punishment, staggering.

In a report released Friday, the Nu Skin Enterprises, Inc. (NYSE: NUS) as the new representation has been officially approved to carry out direct sales activities in the five districts of Shanghai and the city of Jiangsu two.

The group will be issued in fiscal year 2014 fourth quarter earnings in March 2, 2015. In the three quarter ended September 30, 2014, Nu Skin as new revenue fell 29.7% to $638800000, but the performance in line with expectations of $620000000 to $640000000 in the two quarter earnings release group, and in its upper limit position, also exceeded analyst forecast of $630100000. The Greater China region sales fell nearly half of 49.6%, from $449600000 a year ago to just $226700000, the market share from the same period last year 49.5% to 35.5%. EPS recorded a $1.12, even though more than the same period last year 1.80 drop $37.8%, but still far beyond the analyst forecast of $0.93.

Group chief financial officer Ritch Wood said in the report a strong dollar forced the group to reduce the expected four quarter, down four quarter forecast earnings per share to $0.72 to $0.77, had expected $1 to $1.05; cut revenue for the quarter is expected to the $590000000 -6.10 $, had expected revenue of $650000000 to $675000000. Ritch Wood said the exchange rate will cause adverse effects on the income of $50000000, while EPS is because the advance payment financing debt has a negative impact of $0.08 per share.

For the Greater China region Nu Skin bad, such as the new chief executive Truman Hunt said from the beginning of the three quarter has increased the Chinese market promotion, will focus on reforming China business, and to launch new products in 2015. *

(original title: New China step hard fiscal year 2015 goals as expected harvest)

Editor: Dream culvert