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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 has entered into a partnership with the Jamaica Bobsleigh and Skeleton Federation (JBSF) to support the team's nutritional needs through the 2026 Winter Olympics. This collaboration aims to enhance the performance of Jamaican athletes by providing them with high-quality nutritional products. Nelson Stokes, the CEO of JBSF, highlighted the importance of this partnership for the athletes' nutrition and trust in USANA's commitment to clean sport. Brent Neidig, USANA's chief commercial officer, expressed enthusiasm for this partnership and its potential success. USANA has a history of supporting athletes, contributing to over 276 Olympic and Paralympic medals and 617 World titles.
USANA celebrates Natalie Spooner, a sponsored athlete, for winning the inaugural Most Valuable Player (MVP) award in the Professional Women's Hockey League (PWHL). Spooner, a forward for PWHL Toronto, also led the league with 20 goals and 27 points in 24 games. She has been with USANA since 2017 and has represented Canada in multiple international tournaments, including gold-medal wins in the 2014 and 2022 Winter Olympics. USANA's chief commercial officer, Brent Neidig, praised Spooner's accomplishments and her role as an ambassador for the company. Spooner credits USANA vitamins for supporting her busy schedule as a professional hockey player and mother.
For June, USANA's Executive Chairman Kevin Guest launches 'Rebuild Your Life' month, promoting self-renewal and well-being through his book, All the Right Reasons: 12 Timeless Principles for Living a Life in Harmony. Guest shares six actionable steps to improve health and happiness, such as making small changes, decluttering, reigniting passions, reconnecting with loved ones, practicing gratitude, and peaceful thinking. The initiative aims to empower individuals to make positive changes, highlighting real-life stories of transformation. All book proceeds support feeding hungry children, with each purchase providing 40 meals.
USANA Health Sciences, along with the USANA Foundation, has partnered with English soccer club AFC Bournemouth to support local youth in the Bournemouth area. This collaboration aims to extend the club's existing community initiatives, such as the Holiday Activity Fund, through matching grants to introduce weekly breakfast club sessions for local schools. The initiative will benefit over 200 children by providing nutritious breakfasts and promoting physical activity, enhancing their academic performance.
USANA Foundation, founded in 2012, has significantly impacted communities by providing over 100 million meals in 44 countries. The Foundation's programs, such as USANA Kids Eat and the USANA Garden Towers, aim to combat food poverty and malnutrition.
Brian Paul, USANA Foundation president, emphasized the importance of sustainable and nutritious food networks, while Brent Neidig, USANA's chief commercial officer, highlighted the company's commitment to community health beyond the field.
USANA Health Sciences announced that its Celavive Postbiotic Barrier Balm has been named to BELLA magazine's 2024 Best in Skincare award list. This recognition highlights the product's quality and effectiveness in catering to various skin types and concerns. The Postbiotic Barrier Balm, which features postbiotic Lactobacillus Ferment, cupuacu butter, and five ceramides, has been a top seller since its launch. USANA's executives expressed pride in this achievement, emphasizing the product's role in distinguishing the company in the competitive skincare market.
On May 15, 2024, USANA announced that its vice president of HR, Mike Sessions, was honored with the HR Achievement Award from Utah Business Magazine. This award highlights Sessions' excellence in HR, marking the second consecutive year a USANA HR professional has received this recognition. Under Sessions' leadership, USANA has improved its benefits package, wellness program, and introduced USANACare, an on-site medical and mental health clinic. Sessions has been with USANA for 20 years, starting as an HR assistant in 2004 and becoming VP of HR in August 2021.
USANA Executive Chairman Kevin Guest advocates for family wellness during May's Family Wellness Month, emphasizing the importance of family bonds and health. Guest promotes connection, setting health goals, and regular communication to strengthen family relationships. His message extends from personal experiences to USANA Health Sciences' mission of creating the healthiest family on earth.
USANA Health Sciences, Inc. reported financial results for Q1 2024, with net sales at $228 million, a decrease from Q1 2023. Diluted EPS was $0.86 compared to $0.95 in Q1 2023. The company reiterated its fiscal year 2024 net sales and EPS outlook. Despite strong growth in China, results in other key markets fell short of expectations. The company remains focused on accelerating growth in 2024 through engagement with Associate leaders worldwide. USANA also completed its first quarter of operations in India with expectations of long-term growth.
USANA recently released its fourth annual sustainability report, showcasing its commitment to sustainability and positive business practices. The report highlights achievements such as employee engagement, gender diversity in leadership, renewable energy use, waste diversion, plastic reduction, meals provided through the USANA Foundation, and investment in research and development.
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