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 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.
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.