Welcome to our dedicated page for Usana Health Sciences news (Ticker: USNA), a resource for investors and traders seeking the latest updates and insights on Usana Health Sciences stock.
USANA Health Sciences, Inc. (NYSE: USNA) is a global nutrition company that develops and manufactures nutritional supplements, functional foods, personal care products, skincare, and healthy living products. This news page aggregates coverage of USANA’s announcements, giving readers a focused view of how the company communicates about its business, products, and strategic priorities.
Investors and observers can use this page to follow USANA’s updates on net sales outlooks, segment performance, and guidance, as reflected in press releases tied to events such as investor conferences and quarterly results. The company issues news on its direct selling operations, its Hiya direct-to-consumer segment, and its Rise Wellness business, including commentary on growth expectations, investments in inventory and capital expenditures, and integration initiatives.
USANA also publishes product-focused news, such as third-party certifications for its Probiotic and MagneCal D supplements, which have earned the ConsumerLab.com Seal of Approval. These items highlight the company’s emphasis on purity, potency, and scientific standards for its nutritional products. Additional stories cover partnerships, including its collaboration with the Jamaica Bobsleigh and Skeleton Federation, and community initiatives led by the USANA Foundation to address food insecurity.
Leadership and culture are recurring themes in USANA’s communications, with messages from its Executive Chairman and CEO on growth mindset, values-based leadership, and social wellness. By visiting this page regularly, readers can track how USANA presents its strategy, product quality, philanthropy, and international footprint through official news releases.
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.
USANA Malaysia has been recognized as the No. 1 Combination Dietary Supplements Brand in Malaysia for the second consecutive year, according to Euromonitor International. This accolade reflects USANA's strong retail value share among supplement brands in the region. David Mulham, Chief Sales Officer, attributed this success to the commitment to science-based products that empower Associates to grow in Malaysia. Vivienne Lee, Vice President, highlighted the remarkable growth of USANA Malaysia since its establishment 13 years ago. This recognition underscores the brand's significant impact in the Malaysian market.
USANA Health Sciences reported a significant 14.5% increase in net sales for Q3 2020, totaling $298.5 million, driven by high product demand and effective incentive programs. Diluted EPS reached a record $1.44, up by 32.1% year-over-year. Active customers grew to 650,000, reflecting a 16.5% increase. The company raised its full-year 2020 net sales and EPS outlook to $1.090 - $1.115 billion and $5.15 - $5.45, respectively. USANA ended the quarter with $278.4 million in cash and no debt, highlighting a strong financial position.
USANA Health Sciences, Inc. (NYSE:USNA) announces the upcoming release of its third-quarter results on October 20, 2020, after market close. Following the earnings release, a "Management Commentary, Results and Outlook" will be available on the Company’s investor relations website. Additionally, a conference call with analysts and institutional investors is set for October 21, 2020, at 11:00 a.m. Eastern Time, which will be accessible via the internet.
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USANA Philippines has been recognized for the second consecutive year as the No. 1 Vitamins and Dietary Supplements Brand in the Philippines, according to Euromonitor International. This title reflects USANA’s strong retail value share in the country’s supplement market based on 2020 data. David Mulham, USANA's chief sales officer, and Aurora “Duday” Gaston, VP for the Philippines, emphasize the importance of this achievement and credit their team’s efforts.
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USANA has been recognized for the 13th consecutive year on Utah Business Magazine's Fast 50 list, ranking 35th in 2020. The accolade is based on revenue growth and overall revenue, validated by Tanner LLC. In 2019, USANA achieved net sales of $1.061 billion, marking its fourth consecutive billion-dollar year. Jim Brown, USANA's president, attributed this success to its independent sales force, dedicated employees, and innovative health products. The Fast 50 list highlights companies that show consistent financial growth and rapid expansion in Utah.
On August 17, 2020, USANA announced the launch of its new Mood and Relaxation product line during a virtual convention. This includes the Stress Relief supplement and Calm Response essential oil balm, designed to enhance emotional and mental well-being. The herbal-based Stress Relief features ingredients like saffron and ashwagandha, while Calm Response contains a blend of calming essential oils. These products aim to address stress and promote positive emotional health.