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. develops and manufactures nutritional supplements, functional foods, personal care and skincare products sold directly to Brand Partners and Preferred Customers across 25 global markets. Company news regularly centers on earnings releases, management commentary, omnichannel strategy, product innovation and channel expansion.
Recurring updates also cover product launches and quality validation for brands such as CellSentials, Celavive and Glow, along with the company’s controlling stake in Hiya Health Products, its ownership of Rise Wellness, athlete sponsorships and USANA Foundation activity.
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.
USANA is pleased to announce that two members of its legal team have been recognized by Utah Business magazine. Chief Legal Officer Joshua Foukas received the CXO of the Year award, while Corporate Counsel Elise Walker Brown was honored as one of the 30 Women to Watch. Foukas has been instrumental in driving changes at USANA since joining in 2007, while Brown, who joined in 2020, has significantly contributed to diversity and inclusion efforts. These awards highlight USANA's commitment to professional excellence within its leadership team.
USANA Health Sciences CEO Kevin Guest recognizes World Day of Music on June 21 by highlighting music's positive effects on mood and productivity. Guest shares five insights on how music can alleviate stress and enhance workplace harmony. He explains his personal connection to music and encourages the use of both listening and dancing to improve well-being. Additionally, proceeds from his book, All the Right Reasons, aim to provide meals for hungry children, reinforcing the importance of social responsibility.
On June 1, 2022, USANA CEO Kevin Guest discussed the challenges of restoring corporate culture post-pandemic. He emphasizes aligning personal values with company culture to foster harmony. Guest outlines eight steps for leaders to strengthen their organizations, including enhancing communication, giving praise, and building community ties. USANA's non-profit, the USANA Foundation, aims to combat starvation in 37 countries. Guest's book, All the Right Reasons, directs proceeds to provide meals for children in need, promoting a culture of service and teamwork.
USANA Becomes Official Nutritional Supplier for Basketball New Zealand
On May 31, 2022, USANA announced its partnership as the official nutritional supplement supplier for the Tall Blacks and Sky Sport Tall Ferns, providing NSF-certified products. This collaboration supports athletes as they prepare for upcoming competitions, including the FIBA Asia Cup and Birmingham 2022 Commonwealth Games. USANA’s products are validated through rigorous third-party testing, ensuring compliance with the World Anti-Doping Agency's standards. This partnership signifies USANA's commitment to quality and athlete health.
USANA celebrated success at the Best of State Gala in Salt Lake City, winning four prestigious awards for excellence in product quality and innovation. Notable wins include the Celavive skincare system, Rev3 Energy, CellSentials, and its Nutritional product line. USANA has been recognized for its high-quality, science-based supplements, marking its 30th anniversary this year. Since 1992, it has received over 850 awards globally, reflecting its commitment to improving health and nutrition.
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