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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, a leading nutritional supplement company, celebrated its para athletes during the Tokyo Paralympics, where they achieved 13 podium finishes: 7 gold, 3 silver, and 3 bronze medals. Noteworthy performances include Nick Mayhugh, who set multiple world records and won four medals, and Jessica Long, who solidified her legacy with six medals. This commendable success underscores USANA's commitment to high-quality products, trusted by top athletes worldwide. To learn more about USANA, visit USANA.com.
USANA Health Sciences CEO Kevin Guest highlights the importance of resilience in the workplace, particularly as September is declared National Self-Improvement Month. Guest outlines ten strategies for individuals to enhance their resilience, such as strengthening self-relationships, exercising, and socializing with resilient people. He emphasizes that resilient employees are more motivated and adaptable. Furthermore, 100% of the sales from Guest's book will support the USANA Foundation, which aids impoverished families.
USANA, based in Salt Lake City, announced a humanitarian goal to fund 30,000 garden towers by its 30th anniversary convention next year. These self-sustaining garden towers aim to combat food insecurity globally and can provide 3-5 years of food for a $20 donation. USANA's initiatives have already seen success in Kenya and Mexico, providing nutritious food and job opportunities. The announcement was made during the company's annual convention and aims to enhance long-term food security.
USANA, the Cellular Nutrition Company, celebrates its Brand Ambassador Hidilyn Diaz for winning the first Olympic gold medal for the Philippines in the women's 55kg weightlifting event at the Tokyo Games. Diaz's achievement included setting two new Olympic records, lifting a total of 224kg. USANA supported 265 athletes from 11 countries, with Team USANA achieving a total medal count of 100, including 44 gold medals and several Olympic and world records. The company expresses pride in its athletes and looks forward to their future endeavors.
USANA Health Sciences reported record financial results for Q2 2021, with net sales rising 30.1% year-over-year to $336.8 million and diluted EPS increasing 41.7% to $1.87. Active customers also grew by 8.8% to reach 652,000. Significant sales growth was observed across all regions, particularly in Asia Pacific with a 33.3% increase. The company ended the quarter with $265 million in cash and no debt, having repurchased 304,000 shares for $29.7 million. USANA maintains its 2021 guidance of $1.24 - $1.28 billion in net sales and $6.15 - $6.50 in diluted EPS.
USANA, known for its high-quality nutritional products, has partnered with USA Skateboarding as their Official Nutritional Supplement Supplier. This multi-year agreement will see USANA provide NSF Certified for Sport products, enhancing the nutrition support for Team Members as they prepare for the Olympics. The partnership aims to bolster the sport and USANA's long legacy of supporting elite athletes. CEO Josh Friedberg praised USANA's commitment to rigorous testing, ensuring safety and health for athletes. This collaboration follows USANA's existing partnerships with USA Swimming and USA Wrestling.
USANA Health Sciences, Inc. (NYSE:USNA) will announce its second quarter results on July 27, 2021, after market close. Following this, a Management Commentary will be available on its website. A conference call for analysts and investors is scheduled for July 28, 2021, at 11:00 a.m. ET. USANA specializes in developing high-quality nutritional supplements and personal care products sold directly to consumers globally in various markets including the US, Canada, and several countries in Asia and Europe.
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