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, along with the USANA Foundation, has partnered with English soccer club AFC Bournemouth to support local youth in the Bournemouth area. This collaboration aims to extend the club's existing community initiatives, such as the Holiday Activity Fund, through matching grants to introduce weekly breakfast club sessions for local schools. The initiative will benefit over 200 children by providing nutritious breakfasts and promoting physical activity, enhancing their academic performance.
USANA Foundation, founded in 2012, has significantly impacted communities by providing over 100 million meals in 44 countries. The Foundation's programs, such as USANA Kids Eat and the USANA Garden Towers, aim to combat food poverty and malnutrition.
Brian Paul, USANA Foundation president, emphasized the importance of sustainable and nutritious food networks, while Brent Neidig, USANA's chief commercial officer, highlighted the company's commitment to community health beyond the field.
USANA Health Sciences announced that its Celavive Postbiotic Barrier Balm has been named to BELLA magazine's 2024 Best in Skincare award list. This recognition highlights the product's quality and effectiveness in catering to various skin types and concerns. The Postbiotic Barrier Balm, which features postbiotic Lactobacillus Ferment, cupuacu butter, and five ceramides, has been a top seller since its launch. USANA's executives expressed pride in this achievement, emphasizing the product's role in distinguishing the company in the competitive skincare market.
On May 15, 2024, USANA announced that its vice president of HR, Mike Sessions, was honored with the HR Achievement Award from Utah Business Magazine. This award highlights Sessions' excellence in HR, marking the second consecutive year a USANA HR professional has received this recognition. Under Sessions' leadership, USANA has improved its benefits package, wellness program, and introduced USANACare, an on-site medical and mental health clinic. Sessions has been with USANA for 20 years, starting as an HR assistant in 2004 and becoming VP of HR in August 2021.
USANA Executive Chairman Kevin Guest advocates for family wellness during May's Family Wellness Month, emphasizing the importance of family bonds and health. Guest promotes connection, setting health goals, and regular communication to strengthen family relationships. His message extends from personal experiences to USANA Health Sciences' mission of creating the healthiest family on earth.
USANA Health Sciences, Inc. reported financial results for Q1 2024, with net sales at $228 million, a decrease from Q1 2023. Diluted EPS was $0.86 compared to $0.95 in Q1 2023. The company reiterated its fiscal year 2024 net sales and EPS outlook. Despite strong growth in China, results in other key markets fell short of expectations. The company remains focused on accelerating growth in 2024 through engagement with Associate leaders worldwide. USANA also completed its first quarter of operations in India with expectations of long-term growth.
USANA recently released its fourth annual sustainability report, showcasing its commitment to sustainability and positive business practices. The report highlights achievements such as employee engagement, gender diversity in leadership, renewable energy use, waste diversion, plastic reduction, meals provided through the USANA Foundation, and investment in research and development.
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