Nu Skin named one of the world's fastest growing public companies in top financial publication The International Business Times' 2011 IBT 1000 listing
January 3, 2012
– 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 http://www.nuskin.com.