Nu Skin drops as CFO resigns, Q1 outlook maintained

Nu Skin Enterprises

30/03/2023 22:29

** Shares of beauty products maker Nu Skin Enterprises
 NUS.N  down ~2% at $38.44 in after-market trading
    ** NUS CFO Mark Lawrence resigns, effective March 31, to
pursue an outside opportunity 
    ** Board appoints Chief Accounting Officer James Thomas as
interim CFO; says it has initiated formal process to identify
permanent replacement
    ** Lawrence to remain a senior advisor through April 2023 
    ** NUS, which is set to report Q1 results on May 3, also
reiterates Q1 and FY 2023 forecasts 
    ** As of last close, stock down ~7% YTD

 (Reporting by Deborah Sophia in Bengaluru)
 ((DeborahMary.Sophia@thomsonreuters.com))