Usana Health Sciences Inc Stock Price, News & Analysis

USANA Health Sciences, Inc. (NYSE:USNA) will release its fourth-quarter results after the market closes on February 9, 2021. Following the earnings release, a 'Management Commentary, Results and Outlook' document will be available on the company's investor relations website. A conference call is scheduled for the next day at 11:00 a.m. ET, where analysts and institutional investors can discuss the announcement. USANA specializes in high-quality nutritional supplements, healthy foods, and personal care products sold globally.

USANA (NYSE: USNA) celebrated the end of 2020 with two prominent awards: the DSA Product Innovation award for its Oral Care product line and recognition for Jessica Reimer-Arias as one of PRNews' Top Women in PR. USANA's Oral Care line, which includes fluoride-free Whitening Toothpaste and Oral Probiotic, is distinguished for its innovative approach to oral hygiene. These accolades contribute to the company's impressive tally of over 60 awards in 2020, underscoring USANA's commitment to quality and innovation in nutritional products.

USANA, a leader in cellular nutrition, has received a seal of approval from ConsumerLab.com for its omega-3 supplement, BiOmega. This certification confirms that BiOmega meets strict criteria for quality, purity, and label accuracy, including containing 100% of the claimed amounts of omega-3 fatty acids. BiOmega is designed to support cardiovascular, immune, and joint health and is fortified with vitamin D. USANA has several other certified products by ConsumerLab.com, showcasing its commitment to high-quality nutritional supplements.

USANA Kids Eat has organized a charity food pack, delivering over 3,605 bags equating to 144,200 meals to 36 schools in the Salt Lake area. This initiative aims to support families during the holiday season when school meals are unavailable. Brian Paul, president of the USANA Foundation, emphasized the importance of giving back during challenging times, while Michelle Benedict highlighted the critical need for such programs, as one in five Utah children face food insecurity. USANA Kids Eat has operated since 2013, addressing hunger and providing food security to at-risk children.

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.