Nu Skin (NUS) Updates on Dispute with Japan Customs; Sees 1c - 2c Impact on Japan Revs Following Assessment
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Price: $4.74 +1.94%
Financial Fact:
Other income (expense), net: -5.7M
Today's EPS Names:
BTTX, VAXX, ELYS, More
Financial Fact:
Other income (expense), net: -5.7M
Today's EPS Names:
BTTX, VAXX, ELYS, More
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Nu Skin Enterprises, Inc. (NYSE: NUS) reports that the Tokyo District Court has upheld previous assessments by Japan Customs of approximately $33 million in customs duties on the company's products from 2002 to 2005.
Nu Skin CFO said that Nu Skin is likely to appeal the decision.
Nu Skin also sees a Q111 impact of $0.01 - $0.02 on EPS in Japan stemming from recent events there. NUS believes that the impact will be largely offset by strength from its other markets and favorable foreign currency moves.
Nu Skin CFO said that Nu Skin is likely to appeal the decision.
Nu Skin also sees a Q111 impact of $0.01 - $0.02 on EPS in Japan stemming from recent events there. NUS believes that the impact will be largely offset by strength from its other markets and favorable foreign currency moves.
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