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USANA Health Sciences Inc (NYSE: USNA) is a U.S.-based company that specializes in developing, manufacturing, and distributing science-backed nutritional and personal-care products. Founded in 1992 by the internationally recognized microbiologist and immunologist, Dr. Myron Wentz, USANA is committed to enhancing the well-being of its customers through high-quality health products. The company operates primarily through a network marketing model, providing rewarding financial opportunities for its independent associates, shareholders, and employees.
USANA's product lines are comprehensive and diverse, catering to various health and nutritional needs. The Essentials line includes core vitamin and mineral supplements. Optimizers offer targeted supplements for specific health requirements. The Foods line features low-glycemic meal replacement shakes and snack bars, promoting balanced nutrition. Sense Beautiful Science offers personal-care products designed for skin and hair health. These products are developed and manufactured in top-notch facilities, ensuring the highest standards of quality and efficacy.
The company's influence extends globally, with operations in Asia-Pacific, the Americas, and Europe. USANA's commitment to innovation is reflected in their proprietary technologies, such as the award-winning InCelligence Technology™ used in their products. Recent achievements include multiple awards at the Korea Medical Healthcare Awards, where USANA's HealthPak and Nutrimeal Active were recognized for their excellence in the multivitamin and weight management categories, respectively.
USANA emphasizes continuous learning and personal growth, as highlighted by their leadership's advocacy for a growth mindset and self-care initiatives. Kevin Guest, the executive chairman of USANA, frequently shares insights that underline the importance of personal development and community contribution. For instance, during Leap Day 2024, Guest proposed seven strategies for making the most of the extra day, ranging from meditation to volunteering.
Moreover, USANA’s financial health and operational integrity have been robust, thanks to their clear communication and strong relationships with customers and distributors across 25 countries. Their dedication to quality and excellence has earned them a solid reputation, making USANA a trusted name in health and wellness. To learn more about their latest products and initiatives, visit their official website at USANA.com.
USANA Becomes Official Nutritional Supplier for Basketball New Zealand
On May 31, 2022, USANA announced its partnership as the official nutritional supplement supplier for the Tall Blacks and Sky Sport Tall Ferns, providing NSF-certified products. This collaboration supports athletes as they prepare for upcoming competitions, including the FIBA Asia Cup and Birmingham 2022 Commonwealth Games. USANA’s products are validated through rigorous third-party testing, ensuring compliance with the World Anti-Doping Agency's standards. This partnership signifies USANA's commitment to quality and athlete health.
USANA celebrated success at the Best of State Gala in Salt Lake City, winning four prestigious awards for excellence in product quality and innovation. Notable wins include the Celavive skincare system, Rev3 Energy, CellSentials, and its Nutritional product line. USANA has been recognized for its high-quality, science-based supplements, marking its 30th anniversary this year. Since 1992, it has received over 850 awards globally, reflecting its commitment to improving health and nutrition.
USANA Health Sciences reported Q1 2022 financial results with net sales of $273 million, a decline of 11% from $308 million in Q1 2021. Diluted EPS fell 21% to $1.15. The company revised its fiscal 2022 outlook to net sales of $1.1 billion to $1.2 billion and diluted EPS of $5.00 to $5.70. Challenges arose from COVID-19 disruptions in Asia Pacific, particularly China. The company ended the quarter with $238 million in cash after repurchasing shares worth $25 million.
USANA has announced a $50,000 donation to aid Ukrainian refugees amidst the ongoing humanitarian crisis. This contribution, made through an emergency grant to Children's Hunger Fund, will provide food support to those fleeing to Poland and Romania, and for individuals still in Ukraine. The donation is part of USANA's broader commitment to charity, with over $22 million and 57 million meals given globally in the last decade. CEO Kevin Guest emphasized the importance of nutrition in helping families through this crisis.
USANA Health Sciences has been recognized as one of the Best Places to Work in Direct Selling for the fifth time by Direct Selling News. This honor is based on employee feedback and highlights USANA's commitment to a rewarding company culture.
Kevin Guest, CEO, expressed pride in the company’s inclusive environment which helps attract and retain talent. The award reflects USANA's dedication to improving employee engagement through benefits and a focus on diversity. USANA has won over 750 awards since its inception in 1992.
USANA Health Sciences (NYSE:USNA) will release its first quarter results on April 26, 2022. The earnings release will be available after the market closes, followed by a Management Commentary document on the company’s website. A conference call for analysts and institutional investors is scheduled for April 27, 2022, at 11:00 a.m. Eastern Time, where key financial details will be discussed. USANA specializes in high-quality nutritional supplements and personal care products, distributing them in multiple countries worldwide.
USANA Health Sciences CEO Kevin Guest draws inspiration from legendary musicians Ringo Starr and Paul McCartney, urging a culture of love and respect in professional settings. Highlighting 'Love Our Children Day' on April 2, he emphasizes the importance of building relationships, encapsulated in what he terms the Dorothy Principle. His principles aim to foster a harmonious environment, impacting both personal and professional interactions. Guest's book, All the Right Reasons, promotes these ideals, with proceeds aiding in feeding hungry children. USANA operates in 24 markets worldwide.
On March 4, 2022, Kevin Guest, CEO of USANA Health Sciences (NYSE: USNA) and bestselling author, shared motivational insights for personal achievement. He emphasized four key steps: 1. Energize Yourself through activities like music or exercise; 2. Start Early to enhance productivity; 3. Break Goals Down into manageable tasks; and 4. Change Behavior to enact real transformation. Guest's book, All the Right Reasons, includes lessons from his life and pledges to provide meals for children with each purchase.
USANA, the Cellular Nutrition Company, proudly sponsored 146 athletes from six countries during the Winter Games in Beijing, resulting in 21 medals—eight gold, eight silver, and five bronze. Notable performances include Canadian hockey star Natalie Spooner winning her third consecutive Olympic medal and American aerialist Ashley Caldwell achieving her first gold. USANA emphasizes its high-quality nutritional products trusted by professional athletes, stating that if it were a country, its athletes would tie for fourth in gold medals.
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