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.
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USANA, based in Salt Lake City, announced a humanitarian goal to fund 30,000 garden towers by its 30th anniversary convention next year. These self-sustaining garden towers aim to combat food insecurity globally and can provide 3-5 years of food for a $20 donation. USANA's initiatives have already seen success in Kenya and Mexico, providing nutritious food and job opportunities. The announcement was made during the company's annual convention and aims to enhance long-term food security.
USANA, the Cellular Nutrition Company, celebrates its Brand Ambassador Hidilyn Diaz for winning the first Olympic gold medal for the Philippines in the women's 55kg weightlifting event at the Tokyo Games. Diaz's achievement included setting two new Olympic records, lifting a total of 224kg. USANA supported 265 athletes from 11 countries, with Team USANA achieving a total medal count of 100, including 44 gold medals and several Olympic and world records. The company expresses pride in its athletes and looks forward to their future endeavors.
USANA Health Sciences reported record financial results for Q2 2021, with net sales rising 30.1% year-over-year to $336.8 million and diluted EPS increasing 41.7% to $1.87. Active customers also grew by 8.8% to reach 652,000. Significant sales growth was observed across all regions, particularly in Asia Pacific with a 33.3% increase. The company ended the quarter with $265 million in cash and no debt, having repurchased 304,000 shares for $29.7 million. USANA maintains its 2021 guidance of $1.24 - $1.28 billion in net sales and $6.15 - $6.50 in diluted EPS.
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USANA, known for its high-quality nutritional products, has partnered with USA Skateboarding as their Official Nutritional Supplement Supplier. This multi-year agreement will see USANA provide NSF Certified for Sport products, enhancing the nutrition support for Team Members as they prepare for the Olympics. The partnership aims to bolster the sport and USANA's long legacy of supporting elite athletes. CEO Josh Friedberg praised USANA's commitment to rigorous testing, ensuring safety and health for athletes. This collaboration follows USANA's existing partnerships with USA Swimming and USA Wrestling.
USANA Health Sciences, Inc. (NYSE:USNA) will announce its second quarter results on July 27, 2021, after market close. Following this, a Management Commentary will be available on its website. A conference call for analysts and investors is scheduled for July 28, 2021, at 11:00 a.m. ET. USANA specializes in developing high-quality nutritional supplements and personal care products sold directly to consumers globally in various markets including the US, Canada, and several countries in Asia and Europe.
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USANA received multiple prestigious international awards in recognition of corporate excellence and product quality. Notably, the company was honored with three awards at the Asia Pacific Stevie Awards, including Gold for Innovation in Product Design. In 2020, USANA reported a 7.0% increase in global net sales, totaling $1.135 billion. The company also won accolades in the Korea Medical Healthcare Awards and was named 'Most Trusted Provider of Nutritional Products' at the Global Health and Pharma Excellence Awards. These achievements reflect USANA's growth and innovation across its global market.
On June 21, 2021, Kevin Guest, CEO of USANA Health Sciences (NYSE: USNA), emphasized the importance of harmony in the workplace in a statement celebrating World Day of Music. Guest shared three steps to enhance team morale through music: playing nostalgic songs, singing favorite tunes aloud, and collaborating with colleagues in group singing. He noted that post-pandemic, restoring workplace harmony is crucial for productivity. His insights are elaborated in his book, All the Right Reasons, which supports feeding two million hungry children through its proceeds.