Nu Skin Surpasses 850 Million Meals Purchased and Donated in its Fight Against Child Malnutrition
27 July 2024 - 4:00AM
Business Wire
The company’s Nourish the Children initiative
feeds thousands of children each day
Nu Skin Enterprises, Inc. (NYSE: NUS), a global leader in beauty
and wellness, today announced it has reached the milestone of
providing 850 million meals for children since 2002 through its
Nourish the Children initiative. Malnourished children in more than
65 countries around the world have been fed VitaMeal,* a
nutrient-dense food, from one of the company’s third-party charity
partners after Nu Skin sales leaders, customers or employees
purchase and donate bags of food.
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Nu Skin celebrates its milestone of 850
million meals purchased and donated in its fight against child
malnutrition. (Photo: Business Wire)
“When we started the Nourish the Children initiative more than
20 years ago, we could have never imagined the sustained impact it
would have on so many children,” said Ryan Napierski, president and
CEO at Nu Skin. “It’s humbling to think about the impact of
providing 850 million meals to malnourished children around the
world. The collective good that we do as a company is a testament
to our sales force, customers and employees.”
About VitaMeal
Unlike simple grains with a mostly caloric benefit, VitaMeal is
a nutrient-dense food scientifically formulated to meet the
nutritional needs of malnourished children. As part of the overall
development of VitaMeal, Nu Skin's nutritional scientists
determined the ingredients and ratios that are well suited for a
malnourished child. The result is a product that provides essential
vitamins and minerals, with a balance of carbohydrates, protein,
fat and fiber.
About Nourish the Children
In 2002, Nu Skin took action to address the tragedy of childhood
hunger and malnutrition with the development of the Nourish the
Children initiative with a highly nutritious food known as
VitaMeal, developed by Nu Skin's nutritional scientists. The
company's sales leaders, customers and employees can purchase
VitaMeal and then choose to keep it or donate the food to a
third-party nonprofit organization that specializes in distributing
relief to those suffering from malnutrition and famine.
About Nu Skin Enterprises, Inc.
The Nu Skin Enterprises Inc. (NYSE: NUS) family of companies
includes Nu Skin and Rhyz Inc. Nu Skin is an integrated beauty and
wellness company, powered by a dynamic affiliate opportunity
platform, which operates in nearly 50 markets worldwide. Backed by
40 years of scientific research, the company's products help people
look, feel and live their best with brands including Nu Skin®
personal care, Pharmanex® nutrition and ageLOC® anti-aging, which
includes an award-winning line of beauty device systems. Formed in
2018, Rhyz is a synergistic ecosystem of consumer, technology and
manufacturing companies focused on innovation within the beauty,
wellness and lifestyle categories.
* Nu Skin is a for-profit distributor of nutritional and skin
care products and is traded on the New York Stock Exchange (NUS).
Nourish the Children is an initiative of Nu Skin and is registered
in some states as a commercial co-venture. The initiative enables
Nu Skin’s Brand Affiliates and customers to purchase VitaMeal from
Nu Skin and donate it to charitable organizations to help solve the
complex world problem of feeding malnourished children. The price
of VitaMeal includes the cost of manufacturing, general overhead,
distribution and sales. As is the case with other Nu Skin products,
Brand Affiliates are paid commissions and Nu Skin earns a profit
margin from each sale of VitaMeal.
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