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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, 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.
USANA received multiple prestigious international awards in recognition of corporate excellence and product quality. Notably, the company was honored with three awards at the Asia Pacific Stevie Awards, including Gold for Innovation in Product Design. In 2020, USANA reported a 7.0% increase in global net sales, totaling $1.135 billion. The company also won accolades in the Korea Medical Healthcare Awards and was named 'Most Trusted Provider of Nutritional Products' at the Global Health and Pharma Excellence Awards. These achievements reflect USANA's growth and innovation across its global market.
On June 21, 2021, Kevin Guest, CEO of USANA Health Sciences (NYSE: USNA), emphasized the importance of harmony in the workplace in a statement celebrating World Day of Music. Guest shared three steps to enhance team morale through music: playing nostalgic songs, singing favorite tunes aloud, and collaborating with colleagues in group singing. He noted that post-pandemic, restoring workplace harmony is crucial for productivity. His insights are elaborated in his book, All the Right Reasons, which supports feeding two million hungry children through its proceeds.
USANA Chairman and CEO Kevin Guest has been elected as the chairman of the board of the Direct Selling Association (DSA) for a one-year term. Recognized for his leadership in the direct sales industry, Guest aims to enhance the sector's integrity and innovation. Under his guidance, USANA has experienced record sales growth and a focus on digital transformation. The DSA supports a market generating $40.1 billion in retail sales and includes 7.7 million entrepreneurs in the U.S.
USANA Health Sciences has launched its Active Nutrition product line on June 15, 2021, in the U.S., Canada, and Mexico. This line includes seven new science-based products aimed at enhancing overall health, from weight management to digestive health. Notable offerings include Nutrimeal Active, Digestive Health Protein Drink, and Electrolyte Replacement Mix, all formulated to support various health goals. USANA emphasizes a holistic approach to wellness that prioritizes gut health and overall well-being. The launch reflects USANA's commitment to providing high-quality nutritional products.
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