Usana Health Sciences Inc Stock Price, News & Analysis

USANA Health Sciences, a leader in global nutrition, has successfully funded 30,000 Garden Towers, aimed at providing sustainable food sources for impoverished communities. Each Garden Tower, funded through a $20 donation, supports multiple crops and requires minimal water. CEO Kevin Guest expressed pride in reaching this milestone by the company's 30th Anniversary Global Convention. The initiative is active in Utah and nine other countries, offering food relief and addressing hunger and malnutrition globally.

USANA announces its new Start Something! campaign at its 30th Anniversary Convention, encouraging business owners and customers to take action towards their personal goals. The campaign aims to motivate individuals to embrace healthy habits and inspire others through shared experiences. It features videos from sponsored athletes and a special-edition HealthPak for social media engagement. CEO Kevin Guest emphasizes the importance of taking the first step towards personal growth. This initiative will also play a crucial role in USANA's ongoing brand strategy.

USANA Health Sciences, led by CEO Kevin Guest, marked its 30th anniversary at a global convention in Salt Lake City, emphasizing productivity improvements post-pandemic. Guest shared insights on overcoming fear and fostering a growth mindset, which he believes are essential for success. He highlighted the importance of confidence, creativity, and connections in achieving business goals. His book, All the Right Reasons, aims to promote harmony and channel proceeds towards feeding two million hungry children. The event featured thousands of global associates, streaming live in 24 markets until August 20.

In celebration of National Civility Month in August, Kevin Guest, CEO of USANA Health Sciences (NYSE: USNA), emphasizes the importance of kindness, empathy, and respect in personal and professional relationships. He outlines five key strategies to enhance company culture through civility, including starting the day with kindness, recognizing others' struggles, utilizing technology for positive communication, avoiding gossip, and viewing oneself as an instrument of kindness. Guest's bestselling book, All the Right Reasons, aims to feed two million meals to hungry children.

USANA Health Sciences announced the reappointment of J. Scott Nixon as an independent director of the Board, effective July 25, 2022. Previously, Nixon served from October 2017 to May 2019 before his leadership assignment in Brazil. His return increases the Board's independent members to seven out of eight. CEO Kevin Guest expressed confidence in Nixon's extensive accounting and corporate strategy experience, highlighting its value for shareholders. Nixon aims to support USANA's mission of enhancing global health and wellness.

USANA Health Sciences (NYSE: USNA) reported Q2 2022 net sales of $264 million, down 21% year-over-year, while diluted EPS was $1.00, a 47% decline from $1.87 in Q2 2021. Active customers decreased by 14% year-over-year to 559,000. The company reaffirmed its fiscal 2022 outlook with net sales projected between $1.015 billion and $1.065 billion and EPS between $3.85 and $4.45. CEO Kevin Guest cited ongoing COVID-related disruptions as a key factor for these results, particularly impacting sales programs in China.

USANA Health Sciences (NYSE: USNA) has reported preliminary Q2 2022 net sales of approximately $265 million, down from $337 million year-over-year. Expected diluted earnings per share (EPS) are $1.05, a decrease from $1.87 in Q2 2021. CEO Kevin Guest cited COVID-related disruptions in key markets, particularly China, impacting sales and customer counts. The company anticipates a full-year net sales guidance of $1.015-$1.065 billion and diluted EPS of $3.85-$4.45.

On July 6, 2022, Kevin Guest, CEO of USANA Health Sciences (NYSE: USNA), highlighted the significance of International Peace and Love Day on July 7, emphasizing the benefits of peace and kindness for reducing stress and boosting productivity. He shared seven strategies to enhance workplace culture and personal well-being, including mindfulness and gratitude practices. Guest’s book, All the Right Reasons, supports feeding two million meals to hungry children through its sales. The insights aim to foster a healthier, more productive environment both individually and organizationally.

USANA recently held a joint research symposium on Traditional Chinese Medicine (TCM) in Maryland, partnering with the US Center for Chinese Medicine. This initiative aims to integrate TCM with modern wellness practices, showcasing USANA's commitment to exploring TCM efficacy. The company is collaborating with Beijing University of Chinese Medicine to research TCM's ability to replenish Qi and develop new health products tailored to various body types. The research program is in its second year of a five-year agreement.