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 Chairman and CEO Kevin Guest has been elected as the chairman of the board of the Direct Selling Association (DSA) for a one-year term. Recognized for his leadership in the direct sales industry, Guest aims to enhance the sector's integrity and innovation. Under his guidance, USANA has experienced record sales growth and a focus on digital transformation. The DSA supports a market generating $40.1 billion in retail sales and includes 7.7 million entrepreneurs in the U.S.
USANA Health Sciences has launched its Active Nutrition product line on June 15, 2021, in the U.S., Canada, and Mexico. This line includes seven new science-based products aimed at enhancing overall health, from weight management to digestive health. Notable offerings include Nutrimeal Active, Digestive Health Protein Drink, and Electrolyte Replacement Mix, all formulated to support various health goals. USANA emphasizes a holistic approach to wellness that prioritizes gut health and overall well-being. The launch reflects USANA's commitment to providing high-quality nutritional products.
USANA's Director of Human Resources, Sheena Blauvelt, has received the HR Achievement Award from Utah Business Magazine for her exceptional contributions to human resources. This recognition highlights her efforts in enhancing employee development and recruitment strategies at USANA. Sheena has been pivotal in implementing leadership programs since joining in 2017 and recently became the Director of Human Resources. The award event is scheduled for June 8, 2021. USANA, listed as USNA, emphasizes its commitment to quality in nutritional products.
USANA Health Sciences, along with its Chinese subsidiary BabyCare, has formed a research collaboration with Beijing University of Chinese Medicine (BUCM). This partnership aims to integrate Traditional Chinese Medicine (TCM) with modern nutritional science to enhance health and wellness globally. Key areas of research include the effectiveness of TCM in replenishing qi, evaluating TCM ingredients, and developing targeted nutritional products. USANA also gains commercialization rights for any resulting products from this collaboration. A signing ceremony was held on May 19, 2021.
USANA Health Sciences reported strong financial results for Q1 2021, with a 15.5% year-over-year increase in net sales to $308.0 million and a 17.9% rise in diluted EPS to $1.45.
The company repurchased 721,000 shares for $69.5 million and raised its 2021 outlook for net sales and diluted EPS. Active customers grew 7.7% to 617,000, showing strong demand across all regions, particularly in Asia Pacific.
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USANA has launched a comprehensive Environmental, Social, and Governance (ESG) program aimed at aligning its business strategies with sustainability and corporate values. This initiative, overseen by the Sustainability Committee, focuses on two main pillars: Planet and People. Key environmental efforts include renewable energy, sustainable packaging, and responsible sourcing. USANA aims to boost diversity, equity, and community engagement through various programs. The company emphasizes this ESG commitment as vital for the long-term well-being of both the planet and the USANA community.
The recent insights from Kevin Guest, CEO of USANA (NYSE: USNA), emphasize the importance of mentorship during challenging times. In a discussion, Guest outlines four strategic steps for finding a mentor, highlighting the need to identify desired qualities, approach potential mentors courageously, and share personal goals. He credits his own success to mentorship from influential figures like Denis Waitley and has committed to philanthropy, donating book proceeds to feed children. The message underscores mentorship as a vehicle for personal and professional growth.
USANA Health Sciences, Inc. (NYSE:USNA) will release its first quarter results on April 27, 2021, post-market. A detailed "Management Commentary, Results and Outlook" will follow on their website. Additionally, a conference call is scheduled for April 28, 2021, at 11:00 a.m. Eastern Time, for analysts and institutional investors to discuss the results. USANA specializes in high-quality nutritional supplements, healthy foods, and personal care products distributed across multiple international markets.
USANA, the Cellular Nutrition Company, has partnered with USA Swimming as its Official Multivitamin, enhancing its presence in the U.S. This multi-year partnership will provide USA Swimming athletes with essential nutritional products and knowledge about multivitamins. USANA aims to support athletic performance and health, emphasizing its commitment to quality nutrition. The partnership is part of USANA's expansion into summer sports, complementing its established presence in winter sports.