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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 Health Sciences reported a strong fiscal Q4 and full-year 2020 performance. Q4 net sales climbed 14.5% YoY to $310.5 million, with diluted EPS rising 32.6% to a record $1.87. For the full year, net sales reached $1.135 billion, up 7%, and diluted EPS hit $5.86, a 32.9% increase. The company provided initial 2021 guidance for net sales between $1.21 to $1.27 billion and diluted EPS of $6.00 to $6.45. Additionally, a new share repurchase authorization of $150 million was approved. The company remains optimistic about future growth despite ongoing pandemic challenges.
USANA Health Sciences CEO Kevin Guest reflects on the impact of a performance with country music star Collin Raye during the pandemic. His experience reinforces the importance of passion, hard work, and performing to succeed. Guest emphasizes that extraordinary success involves perseverance and grit, as highlighted in his book, All the Right Reasons: 12 Timeless Principles for Living a Life in Harmony. He encourages others to pursue their passions and improve their skills, advocating for performance as a means to accountability and personal development.
USANA Health Sciences, Inc. (NYSE:USNA) will release its fourth-quarter results after the market closes on February 9, 2021. Following the earnings release, a 'Management Commentary, Results and Outlook' document will be available on the company's investor relations website. A conference call is scheduled for the next day at 11:00 a.m. ET, where analysts and institutional investors can discuss the announcement. USANA specializes in high-quality nutritional supplements, healthy foods, and personal care products sold globally.
USANA (NYSE: USNA) celebrated the end of 2020 with two prominent awards: the DSA Product Innovation award for its Oral Care product line and recognition for Jessica Reimer-Arias as one of PRNews' Top Women in PR. USANA's Oral Care line, which includes fluoride-free Whitening Toothpaste and Oral Probiotic, is distinguished for its innovative approach to oral hygiene. These accolades contribute to the company's impressive tally of over 60 awards in 2020, underscoring USANA's commitment to quality and innovation in nutritional products.
USANA, a leader in cellular nutrition, has received a seal of approval from ConsumerLab.com for its omega-3 supplement, BiOmega. This certification confirms that BiOmega meets strict criteria for quality, purity, and label accuracy, including containing 100% of the claimed amounts of omega-3 fatty acids. BiOmega is designed to support cardiovascular, immune, and joint health and is fortified with vitamin D. USANA has several other certified products by ConsumerLab.com, showcasing its commitment to high-quality nutritional supplements.
USANA Kids Eat has organized a charity food pack, delivering over 3,605 bags equating to 144,200 meals to 36 schools in the Salt Lake area. This initiative aims to support families during the holiday season when school meals are unavailable. Brian Paul, president of the USANA Foundation, emphasized the importance of giving back during challenging times, while Michelle Benedict highlighted the critical need for such programs, as one in five Utah children face food insecurity. USANA Kids Eat has operated since 2013, addressing hunger and providing food security to at-risk children.
USANA (NYSE: USNA) has entered a strategic investment and collaboration with Built Brands, a manufacturer of protein bars. This partnership includes a minority equity investment in Built Brands, allowing USANA to leverage its expertise in developing new nutrition products. This collaboration aims to enhance USANA's healthy nutrition bar offerings, set for production at USANA's new foods plant. CEO Kevin Guest expressed optimism for innovative product development, while Built Brands' CEO Nick Greer noted the synergy in creating unique offerings for global customers.
USANA has secured naming rights to the U.S. Ski & Snowboard's Center of Excellence, enhancing its commitment to elite athlete support through nutritional products. The partnership, ongoing since 2011, includes conducting two to three annual clinical studies to assess the effects of USANA's supplements on athlete performance. This collaboration aims to improve athletes' metrics, immune function during travel, and sleep quality. USANA aims to foster innovation in product development while supporting Olympic athletes' training and success.
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