USANA Health Sciences Inc - USNA STOCK NEWS

USANA Health Sciences, Inc. celebrates the outstanding performance of its sponsored athletes at the 2024 Summer Olympic and Paralympic Games in Paris. The 265 USANA-sponsored athletes secured an impressive total of 99 medals, including 40 Gold, 33 Silver, and 26 Bronze.

Notable achievements include USA Swimming's 28 medals and China National Sports Training Center's success across multiple disciplines. Individual USANA athlete medalists like Alex Portal (Para Swimming, France) and Jessica Long (Para Swimming, USA) also contributed significantly to the medal count.

USANA's Chief Commercial Officer, Brent Neidig, expressed pride in the athletes' performance and looks forward to their participation in future Olympic and Paralympic events.

USANA Health Sciences Executive Chairman Kevin Guest emphasizes the critical role of entrepreneurs in driving innovation and economic growth. In his bestseller, 'All the Right Reasons,' Guest shares qualities for entrepreneurial success, including:

• Innovative thinking to develop unique solutions
• Resilience to overcome setbacks
• Strong communication skills to build relationships and inspire others

Guest's book proceeds go towards feeding hungry children, with each purchase providing 40 meals. USANA (NYSE: USNA), a global health and wellness leader, recognizes the importance of social wellness in business success. The company operates in 25 countries, focusing on clear communication to build trust with customers and distributors.

USANA Health Sciences, Inc. (NYSE: USNA) has introduced two new products: Celavive Resurfacing Serum and Whey Protein Isolate. The Resurfacing Serum combines alpha and beta hydroxy acids, niacinamide, peptides, and bakuchiol to improve skin texture, clarity, brightness, and firmness. The Whey Protein Isolate offers 25 grams of premium, grass-fed whey protein per serving, supporting muscle mass development and overall health. It is keto and paleo friendly, with zero sugars, one carb, and no artificial additives.

Brent Neidig, USANA's chief commercial officer, expressed excitement about the launch, highlighting the high-end nature of the serum and the company's response to customer demand for a clean, effective protein powder. Dr. Rob Sinnott, USANA's chief science officer, praised the R&D and product teams for their innovative work on these products.

USANA Health Sciences (NYSE:USNA) Executive Chairman Kevin Guest shares insights from his bestseller, 'All the Right Reasons: 12 Timeless Principles for Living a Life in Harmony', drawing parallels between Olympic athletes and success in personal and professional life. Guest outlines seven practical steps to achieve success, inspired by elite athletes:

1. Set clear goals
2. Commit to continuous improvement
3. Embrace failure as a learning opportunity
4. Cultivate a winning mindset
5. Build a supportive network
6. Maintain physical and mental well-being
7. Celebrate progress

USANA, a global leader in health and wellness products, sponsors thousands of elite athletes and values excellence and well-being. The company's nutritional products undergo rigorous testing to support body, mind, and spirit.

USANA Health Sciences (NYSE: USNA) reported Q2 2024 financial results, with net sales of $213 million, down 11% from Q2 2023. Diluted EPS decreased 39% to $0.54. The company updated its fiscal year 2024 outlook, revising net sales to $850-$880 million (previously $850-$920 million) and diluted EPS to $2.40-$2.55 (previously $2.40-$3.00).

Key highlights include:

• Active customers: 468,000, down 4% year-over-year
• Asia Pacific net sales: $171 million, 80% of consolidated net sales
• Americas and Europe net sales: $42 million, 20% of consolidated net sales
• Cash and cash equivalents: $332 million, debt-free

The company cited ongoing macroeconomic pressures impacting consumer spending and challenges in attracting new customers as reasons for the lower-than-expected results.

USANA Health Sciences, Inc. is proud to sponsor 284 athletes participating in the 2024 Summer Olympic and Paralympic Games in Paris. These athletes represent 10 nations across various disciplines. USANA has partnered with both individual athletes and national sporting organizations, including the Mexico Olympic Soccer Team, USA Swimming, USA Wrestling, and the China National Sports Training Center.

Notable individual USANA athletes include Alex Portal (Para Swimming, France), Jessica Long (Para Swimming, USA), and Sarah Douglas (Sailing, Canada). USANA's Chief Commercial Officer, Brent Neidig, expressed excitement and support for all sponsored athletes, emphasizing USANA's role as a trusted nutritional supplier for Olympic athletes for over a decade.

USANA Health Sciences (NYSE: USNA) has announced the release of its second quarter 2024 earnings results, scheduled for after market close on Tuesday, July 23, 2024. The company will also publish a Management Commentary document on its Investor Relations website shortly after the earnings release. A conference call to discuss the earnings results with analysts and institutional investors will be held the following morning, Wednesday, July 24, 2024, at 11:00 a.m. Eastern Time. The webcast can be accessed through the Investor Relations section of USANA's website.

USANA is known for its high-quality nutritional supplements, healthy foods, and personal care products, which are sold directly to its Associates and Preferred Customers in numerous markets worldwide.

USANA Health Sciences is expanding into the India market, with CEO Jim Brown visiting India for the first time since the launch. Accompanied by Chief Sales Officer David Mulham and VP of Market Expansion & Ethics Dan Whitney, Brown's visit will focus on meeting the local team and setting a long-term vision. The leadership team will tour the Gurgaon office and engage with local members, emphasizing the alignment of USANA's values with India's focus on family, wellness, and entrepreneurship. Regional VP Puneet Madan, with over 25 years in direct selling, leads the India team. USANA launched nine products tailored for the Indian market with plans for more. The company's investment includes Indian manufacturing and a dedicated office in Gurgaon.

Kevin Guest, executive chairman at USANA Health Sciences (NYSE:USNA), is promoting social wellness throughout July, emphasizing the importance of forming meaningful relationships. Guest highlights the benefits of social connections, such as reduced stress, improved mental health, and increased life expectancy. Drawing from his personal experiences and his book, All the Right Reasons, Guest shares stories of overcoming fears and achieving career milestones through social interactions. He offers five tips to enhance social wellness: try new activities, connect with different people, volunteer, embrace spontaneity, and reconnect with old friends. Proceeds from his book sales support feeding hungry children, with each purchase providing 40 meals.