UPDATE 1-Nu Skin Q1 profit tops Street, raises 2010 outlook

* Q1 EPS $0.48 vs est $0.42

* Q1 sales $364.1 mln vs est $342.14 mln

* Sees Q2 EPS $0.44 to $0.46 VS est $0.42

* Sees Q2 sales $362 mln to $370 mln

April 28 (BestGrowthStock) – Nu Skin Enterprises Inc (NUS.N: ) posted
a better-than-expected first-quarter profit (Read more your timing to make a profit.), helped by sales of
an anti-aging skin-care product the direct seller launched late
last year, and raised its outlook for the full year.

Nu Skin, which sells personal-care products under its
namesake, Epoch and Nutricentials brands, earned $31.0 million,
or 48 cents a share, compared with $11.8 million, or 19 cents a
share, a year ago.

Revenue rose 23 percent to $364.1 million.

Analysts on average were looking for a profit of 42 cents a
share, before items, on revenue of $342.1 million, according to
Thomson Reuters I/B/E/S.

“The ageLOC product launch has been the most successful in
our history, generating more than $80 million in just the first
two quarters of product sales,” chief executive Truman Hunt
said in a statement.

The direct seller of personal-care products and nutritional
supplements forecast a second-quarter profit (Read more your timing to make a profit.) of 44 cents to 46
cents a share, on revenue of $362 million to $370 million.
Analysts expect a profit of 42 cents a share, on sales of
$352.1 million, for the period.

For 2010, it sees a profit of $1.80 to $1.88 a share, on
revenue of $1.44 billion to $1.46 billion.

Shares of the Provo, Utah-based company closed at $31.46
Tuesday on the New York Stock Exchange.

Stock Market
(Reporting by Vidya Lakshmi in Bangalore; Editing by Vinu
Pilakkott)

UPDATE 1-Nu Skin Q1 profit tops Street, raises 2010 outlook