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USANA Health Sciences Reports Second Quarter 2026 Results

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Company Continues Evolution to a Diversified, Omnichannel Health and Wellness Business

SALT LAKE CITY--(BUSINESS WIRE)-- USANA Health Sciences, Inc. (NYSE: USNA) today announced financial results for its fiscal second quarter ended July 4, 2026.

Key Financial Results

Second Quarter 2026 vs. Second Quarter 2025

  • Net sales of $223 million versus $236 million.
  • Net loss of $(21.4) million, which includes an estimated preliminary non-cash impairment charge(3) of $29.1 million, versus net earnings of $9.7 million.
  • Diluted EPS of $(1.16) as compared with $0.52.
  • Adjusted diluted EPS(1) of $(0.07) as compared with $0.74.
  • Adjusted EBITDA(2) of $27.8 million versus $30.5 million.
  • Core Nutritional Active Customers of 384,000 versus 418,000.
  • Hiya Active Monthly Subscribers of 166,000 versus 200,400.
  • Company updates fiscal 2026 guidance.

Q2 2026 Consolidated Performance

 

Q2 2026

Year-Over-Year

Sequentially

Net Sales

$223 million

-5% (+$6 million or +3% FX impact)

-11%

Net Loss*

$(21.4) million

N/A

N/A

Diluted EPS

$(1.16)

N/A

N/A

Adjusted Diluted EPS(1)

$(0.07)

N/A

N/A

Adjusted EBITDA(2)

$27.8 million

-9%

-2%

*Income tax expense of $9 million added to a pretax loss of $(19) million for Q2 2026.

 

Net Loss, EPS and EBITDA figures represent amounts attributable to USANA and excludes the noncontrolling interest of 21.2% in Hiya.

“Our consolidated second quarter results reflect mixed performance as the Core Nutritional business delivered results generally in line with our expectations, while our ventures businesses performed below expectations,” said Kevin Guest, Chairman and Chief Executive Officer. “Specifically, Hiya continued to experience a challenging digital marketing environment, which pressured topline performance, subscriber growth, and margins. Additionally, Rise Wellness experienced a packaging-related disruption that impacted its commercial execution during the quarter. While we believe that these challenges for Hiya and Rise are temporary, and both companies remain well positioned to execute their growth strategies, we now expect net sales for these businesses during the full year to be below our prior expectations and are updating our outlook accordingly.

“We remain confident in USANA's strategic transformation from a single-channel direct sales business into a diversified, omnichannel health and wellness company built on consumer acquisition and loyalty. We are continuing to evolve our Brand Partner incentive plan, accelerate product innovation, and modernize our technology infrastructure. We remain confident that these initiatives will lead to long-term sustainable growth.

“Hiya’s talented management team continues to embrace the opportunity to leverage their brand across additional channels to reach a broader consumer base, while continuing to build on strong performance at a major national retailer, early-stage international expansion, and encouraging momentum in additional e-commerce channels. Rise Wellness’ high growth protein beverage brand, Protein Pop, is just a year old, and continues to attract new retailers, expand its presence with existing retailers and create the foundation for an exciting and expanded product pipeline. We recognize this progress will not always be linear quarter to quarter, and as we manage the business with that expectation in mind, our focus remains on building long-term loyalty from the consumers and Brand Partners who depend on our brands.”

Q2 2026 Segment Results

Core Nutritional

Core Nutritional

 

Q2 2026

Year-Over-Year

Sequentially

Net Sales

$192 million

-4%

-6%

Active Customers

384,000

-8%

-5%

Asia Pacific Region

 

Q2 2026

Year-Over-Year

Year-Over-Year
(Constant Currency)

Sequentially

Net Sales

$157 million

-4%

-7%

-7%

Active Customers

307,000

-9%

N/A

-6%

Asia Pacific Sub-Regions

 

 

Q2 2026

Year-Over-Year

Year-Over-Year
(Constant Currency)

Sequentially

Greater China

Net Sales

$114 million

+1%

-3%

-7%

Active

216,000

-6%

N/A

-8%

Customers

North Asia

Net Sales

$14 million

-20%

-14%

-10%

Active

32,000

-14%

N/A

Flat

Customers

Southeast Asia Pacific

Net Sales

$29 million

-13%

-15%

-6%

Active

59,000

-13%

N/A

Flat

Customers

Americas and Europe Region

 

Q2 2026

Year-Over-Year

Year-Over-Year
(Constant Currency)

Sequentially

Net Sales

$34 million

-5%

-7%

-2%

Active Customers

77,000

-6%

N/A

-1%

Hiya Health

 

Q2 2026

Year-Over-Year

Sequentially

Net Sales

$28 million

-17%

-12%

Active Monthly Subscribers

166,000

-17%

-11%

Rise Wellness

 

Q2 2026

Year-Over-Year

Sequentially

Net Sales

$3 million

+40%

-75%

Balance Sheet

The Company ended the quarter with $169 million in cash and cash equivalents and zero debt. As of July 4, 2026, inventory totaled $95 million, a decrease of approximately $13 million, or 12% compared to balances at year-end 2025.

The Company did not repurchase any shares during the quarter and has approximately $34 million remaining under the current share repurchase authorization as of the end of the second quarter.

Fiscal Year 2026 Outlook

The Company is updating its outlook for fiscal year 2026, as follows:

Fiscal Year 2026 Outlook

 

Updated Estimate

Previous Range

Core Nutritional business net sales

$750 million*

$720 to $765 million

Hiya net sales

$125 million

$140 to $155 million

Rise Wellness net sales

$35 million

$65 to $80 million

Consolidated net sales

$910 million

$925 million to $1.0 billion

 

 

 

Net (loss) earnings

$(11) million

$20 million to $27 million

Diluted EPS

$(0.61)

$1.11 to $1.45

Adjusted diluted EPS(1)

$0.76

$1.95 to $2.29

Adjusted EBITDA(2)

$87 million

$101 million to $109 million

*Reflects an expected favorable currency exchange rate impact of approximately $20 million, or 2% of net sales and one less week of operations compared to fiscal year 2025 which was a 53-week year.

“Our GAAP net loss and negative Adjusted diluted EPS this quarter reflect lower-than-expected commercial performance from Hiya and Rise, and we’ve updated our full-year outlook accordingly,” said Doug Hekking, Chief Financial Officer. “Related to Hiya, we recorded an estimated preliminary non-cash goodwill impairment charge of $29 million. This non-cash charge primarily reflects recent performance and changes in near-term forecasts, as well as updated valuation assumptions under applicable accounting standards, including adjustments to market multiples and discount rates. Hiya continues to be a core element of our strategy and we remain confident and committed to leveraging the brand across channels and international markets to drive long-term growth. Additionally, an increase in the annual estimated income tax rate, which was driven by both current performance and lower near-term forecasts, disproportionately impacted the current-year quarter and contributed to the net loss.

"Our balance sheet continues to be a source of strength, as we ended the period with $169 million in cash and debt-free. We also generated $20 million in free cash flow this quarter, driven in large part by improved working capital management. Financial flexibility remains important and is central to how we're investing in USANA's continued evolution from a single-channel direct sales business into a diversified, omnichannel health and wellness company."

_________________________
(1) Adjusted Diluted (Loss) Earnings Per Share is a non-GAAP financial measure. The Company excludes cost realignment expenses, impairment expense, gain on sale of assets, and acquisition-related costs, such as business transaction costs, integration expense and amortization expense from acquisition-related intangible assets in calculating Adjusted Diluted (Loss) Earnings Per Share. Please refer to “Non-GAAP Financial Measures” and “Reconciliation of Diluted (Loss) Earnings Per Share (GAAP) to Adjusted Diluted (Loss) Earnings Per Share (Non-GAAP)” in this press release for an explanation and reconciliation of this non-GAAP financial measure.
(2) Adjusted EBITDA is a non-GAAP financial measure. Please refer to “Non-GAAP Financial Measures” and “Reconciliation of Net (Loss) Earnings (GAAP) to Adjusted EBITDA (Non-GAAP)” in this press release for an explanation and reconciliation of this non-GAAP financial measure.
(3) Estimated preliminary non-cash impairment charge was recognized, during the second quarter of 2026, to reduce goodwill, which impacted the Hiya reporting unit.

Non-GAAP Financial Measures

This press release contains the non-GAAP financial measures Adjusted EBITDA and Adjusted Diluted EPS. Adjusted EBITDA is a non-GAAP financial measure of (loss) earnings before interest, taxes, depreciation, and amortization that also excludes certain adjustments as indicated below in the reconciliation from net (loss) earnings. Adjusted Diluted EPS is a non-GAAP financial measure of diluted (loss) earnings per share that excludes certain adjustments as indicated below in the reconciliation from diluted EPS.

Adjusted EBITDA (non-GAAP) is net (loss) earnings (its most directly comparable GAAP financial measure) adjusted for interest expense, net, (benefit from) provision for income taxes, depreciation and amortization, non-cash share-based compensation, transaction-related expenses and integration costs for the Hiya acquisition, cost realignment expenses, impairment expense, and gain on sale of assets. Adjusted EBITDA attributable to USANA (non-GAAP) is Adjusted EBITDA (non-GAAP) further adjusted to exclude the Adjusted EBITDA attributable to non-controlling interest related to Hiya.

Adjusted diluted (loss) earnings per share (non-GAAP) is diluted (loss) earnings per share (its most directly comparable GAAP financial measure) adjusted for amortization of intangible assets, transaction-related expenses and integration costs related to the Hiya acquisition, cost realignment expenses, impairment expense, and gain on sale of assets.

Management believes that Adjusted EBITDA (non-GAAP), Adjusted EBITDA attributable to USANA (non-GAAP), and Adjusted diluted (loss) earnings per share (non-GAAP), along with GAAP measures used by management, most appropriately reflect how the Company measures the business internally.

The Company prepares its financial statements using U.S. generally accepted accounting principles (“GAAP”) and investors should not directly compare with or infer relationship from any of the Company’s operating results presented in accordance with GAAP to Adjusted EBITDA and Adjusted diluted (loss) earnings per share. Non-GAAP financial measures have limitations in their usefulness to investors because they have no standardized meaning prescribed by GAAP and are not prepared under any comprehensive set of accounting rules or principles. In addition, other companies, including companies in our industry, may calculate similarly titled non-GAAP financial measures differently or may use other measures to evaluate their performance, all of which could reduce the usefulness of non-GAAP financial information as a tool for comparison. As a result, the non-GAAP financial information is presented for supplemental informational purposes only and should not be considered in isolation from, or as a substitute for financial information presented in accordance with GAAP.

 

Reconciliation of Net (Loss) Earnings (GAAP) to Adjusted EBITDA (non-GAAP)

(in thousands)

 

 

 

Quarter ended

 

 

July 4,
2026

 

June 28,
2025

Net (loss) earnings attributable to USANA (GAAP)

 

$

(21,382

)

 

$

9,655

 

Net (loss) earnings attributable to noncontrolling interest

 

 

(6,569

)

 

 

789

 

Net (loss) earnings

 

$

(27,951

)

 

$

10,444

 

 

 

 

 

 

Adjustments:

 

 

 

 

Income taxes

 

$

9,051

 

 

$

8,373

 

Interest (income) expense

 

 

(595

)

 

 

(360

)

Depreciation and amortization

 

 

4,714

 

 

 

5,148

 

Amortization of intangible assets - Hiya

 

 

4,456

 

 

 

4,456

 

(Loss) earnings before interest, taxes, depreciation, and amortization (EBITDA)

 

$

(10,325

)

 

$

28,061

 

 

 

 

 

 

Add EBITDA adjustments:

 

 

 

 

Non-cash share-based compensation

 

 

3,404

 

 

 

3,622

 

Estimated preliminary impairment

 

 

29,137

 

 

 

 

Transaction, integration and transition costs - Hiya

 

 

2

 

 

 

115

 

Inventory step-up - Hiya

 

 

 

 

 

544

 

Adjusted EBITDA

 

 

22,218

 

 

 

32,342

 

Adjusted EBITDA attributable to noncontrolling interest

 

 

5,629

 

 

 

(1,847

)

Adjusted EBITDA attributable to USANA

 

$

27,847

 

 

$

30,495

 

 

Reconciliation of Diluted (Loss) Earnings Per Share (GAAP) to Adjusted Diluted (Loss) Earnings Per Share (non-GAAP)

(in thousands, except per share data)

 

 

 

Quarter ended

 

 

July 04,
2026

 

June 28,
2025

Net (loss) earnings attributable to USANA (GAAP)

 

$

(21,382

)

 

$

9,655

 

 

 

 

 

 

Earnings (loss) per common share - Diluted

 

$

(1.16

)

 

$

0.52

 

Weighted Average common shares outstanding - Diluted

 

 

18,486

 

 

 

18,536

 

 

 

 

 

 

Adjustment to net (loss) earnings:

 

 

 

 

Transaction, integration and transition costs - Hiya

 

$

2

 

 

$

115

 

Inventory step-up - Hiya

 

 

 

 

 

544

 

Estimated preliminary impairment

 

 

29,137

 

 

 

 

Amortization of intangible assets - Hiya

 

 

4,456

 

 

 

4,456

 

Adjustments to net (loss) earnings attributable to noncontrolling interest

 

 

(7,106

)

 

 

(1,057

)

Income tax effect of adjustments to net (loss) earnings

 

 

(6,346

)

 

 

 

Adjusted net (loss) earnings attributable to USANA

 

$

(1,239

)

 

$

13,713

 

 

 

 

 

 

Adjusted (loss) earnings per common share - Diluted

 

$

(0.07

)

 

$

0.74

 

Weighted average common shares outstanding - Diluted

 

 

18,486

 

 

 

18,536

 

Management Commentary Document and Conference Call

For further information on USANA’s operating results, please see the Management Commentary document, which has been posted on the Company’s website (http://ir.usana.com) under the Investor Relations section. USANA’s management team will hold a conference call and webcast to discuss today’s announcement with investors on Wednesday, August 5, 2026 at 11:00 AM Eastern Time. Investors may listen to the call by accessing USANA’s website at http://ir.usana.com. The call will consist of brief opening remarks by the Company’s management team, followed by a question-and-answer session.

Safe Harbor

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act. These forward-looking statements are based on current plans, expectations, estimates, forecasts, and projections as well as the beliefs and assumptions of management. Words such as “expect,” “enhance,” “drive,” “anticipate,” “intend,” “improve,” “promote,” “should,” “believe,” “continue,” “plan,” “goal,” “opportunity,” “estimate,” “predict,” “may,” “will,” “could,” and “would,” and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Such forward-looking statements include, but are not limited to, statements regarding commercial performance and growth for Hiya and Rise Wellness in 2026 and continued growth in the future; statements about the Company’s long-term growth; and the statements under the sub-heading “Fiscal Year 2026 Outlook.” Our actual results could differ materially from those projected in these forward-looking statements, which involve a number of risks and uncertainties, many of which involve factors or circumstances that are beyond our control, including: risks relating to global economic conditions generally, including continued inflationary pressure around the world and negative impact on our operating costs, consumer demand and consumer behavior in general; reliance upon our network of independent Brand Partners; risk that our Brand Partner compensation plan, or changes that we make to the compensation plan, will not produce desired results, benefit our business or, in some cases, could harm our business; risk associated with our launch of new products or reformulated existing products; risks related to Hiya’s ability to adapt to changes in the digital marketing environment to continue to generate customer acquisition, including changes in social media advertising algorithms; risks related to Hiya’s ability to perform in an expanding distribution channel and new international markets; risks related to Rise Wellness’ ability to execute its commercial plan and its dependence on product orders from certain key retailers – specifically, if future orders from those retailers do not meet our forecasts or such retailers discontinue purchasing and selling Rise Wellness products; risks related to governmental regulation of our products, manufacturing and direct selling business model in the United States, China and other key markets; potential negative effects of deteriorating foreign and/or trade relations between or among the United States, China and other key markets, including potential adverse impact from tariffs, trade policies or other international disputes by and among the United States, China, or other markets that are important to the Company; potential negative effects from geopolitical relations and conflicts around the world, including the Russia-Ukraine conflict and the conflict between the United States and Iran; compliance with data privacy and security laws and regulations in our markets around the world; potential negative effects of material breaches of our information technology systems to the extent we experience a material breach; material failures of our information technology systems; adverse publicity risks globally; risks associated with our operations in India and future international expansion and operations; uncertainty relating to the fluctuation in U.S. and other international currencies; the potential for a resurgence of COVID-19, or another pandemic, in any of our markets in the future and any related impact on consumer health, domestic and world economies, including any negative impact on discretionary spending, consumer demand, and consumer behavior in general; risk that Hiya and Rise Wellness disrupt the Company’s overall strategic plans and operations; the diversion of the attention of the management teams of USANA, Hiya, and Rise Wellness from ongoing business operations; the ability to retain key personnel of USANA, Hiya and Rise Wellness; the ability to realize the benefits of the Hiya acquisition, including efficiencies and cost synergies; the ability to successfully integrate Hiya’s business with USANA’s business, at all or in a timely manner; and the amount of the costs, fees, expenses and charges related to the acquisition. The contents of this release should be considered in conjunction with the risk factors, warnings, and cautionary statements that are contained in our most recent filings with the Securities and Exchange Commission. The forward-looking statements in this press release set forth our beliefs as of the date hereof. We do not undertake any obligation to update any forward-looking statement after the date hereof or to conform such statements to actual results or changes in the Company’s expectations, except as required by law.

About USANA

USANA develops and manufactures high-quality nutritional supplements, functional foods and personal care products that are sold directly to Brand Partners and Preferred Customers across 25 global markets. More information on USANA can be found at www.usana.com. USANA also owns a 78.8% controlling ownership stake in Hiya Health Products, a children's health and wellness company and a 100% interest in Rise Wellness. Hiya and Rise Wellness offer a variety of clean-label health products. More information on Hiya can be found at www.hiyahealth.com. More information on Rise Wellness can be found on www.risebar.com and www.proteinpop.com.

 

USANA HEALTH SCIENCES, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(in thousands, except per share data)

(unaudited)

 

 

Three months ended

 

July 4,
2026

 

June 28,
2025

Net sales

$

223,273

 

 

$

235,848

 

Cost of sales

 

48,339

 

 

 

50,184

 

Gross profit

 

174,934

 

 

 

185,664

 

Operating expenses:

 

 

 

Brand Partner incentives

 

83,475

 

 

 

87,040

 

Selling, general and administrative

 

82,318

 

 

 

81,906

 

Estimated preliminary impairment

 

29,137

 

 

 

 

Total operating expenses

 

194,930

 

 

 

168,946

 

(Loss) earnings from operations

 

(19,996

)

 

 

16,718

 

Other income (expense):

 

 

 

Interest income

 

595

 

 

 

619

 

Interest expense

 

 

 

 

(259

)

Other, net

 

501

 

 

 

1,739

 

Other income (expense), net

 

1,096

 

 

 

2,099

 

(Loss) earnings before income taxes

 

(18,900

)

 

 

18,817

 

Income taxes

 

9,051

 

 

 

8,373

 

Net (loss) earnings

 

(27,951

)

 

 

10,444

 

Net (loss) earnings attributable to redeemable noncontrolling interest

 

(6,569

)

 

 

789

 

Net (loss) earnings attributable to USANA

$

(21,382

)

 

$

9,655

 

 

 

 

 

(Loss) earnings per common share attributable to USANA

 

 

 

Basic

$

(1.16

)

 

$

0.52

 

Diluted

$

(1.16

)

 

$

0.52

 

 

 

 

 

Weighted average common shares outstanding

 

 

 

Basic

 

18,486

 

 

 

18,513

 

Diluted

 

18,486

 

 

 

18,536

 

 

USANA HEALTH SCIENCES, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(in thousands)

(unaudited)

 

 

As of
July 4,
2026

 

As of
January 3,
2026

ASSETS

 

 

 

Current assets

 

 

 

Cash and cash equivalents

$

168,560

 

$

158,380

Trade accounts receivable (net of allowance of $92 and $137, respectively)

 

3,337

 

 

4,285

Inventories

 

86,343

 

 

102,608

Prepaid expenses and other current assets

 

22,826

 

 

23,132

Total current assets

 

281,066

 

 

288,405

Property and equipment, net

 

94,269

 

 

94,383

Goodwill

 

109,141

 

 

137,962

Intangible assets, net

 

124,615

 

 

133,151

Deferred tax assets

 

29,539

 

 

27,209

Other assets*

 

64,580

 

 

61,805

Total assets

$

703,210

 

$

742,915

 

 

 

 

LIABILITIES, REDEEMABLE NONCONTROLLING INTEREST, AND STOCKHOLDERS' EQUITY

 

 

 

Current liabilities

 

 

 

Accounts payable

$

15,431

 

$

17,263

Line of credit

 

 

 

14,000

Other current liabilities

 

90,244

 

 

97,302

Total current liabilities

 

105,675

 

 

128,565

Deferred tax liabilities

 

4,662

 

 

4,892

Other long-term liabilities

 

21,900

 

 

23,186

 

 

 

 

Redeemable noncontrolling interest

 

44,667

 

 

53,168

 

 

 

 

Total stockholders' equity attributable to USANA

 

526,306

 

 

533,104

Total liabilities, redeemable noncontrolling interest, and stockholders' equity

$

703,210

 

$

742,915

 

*Includes noncurrent inventories of $8,513 and $4,799 as of 04-Jul-26 and 03-Jan-26, respectively. Total inventories were $94,856 and $107,407 as of 04-Jul-26 and 03-Jan-26, respectively.

 

USANA HEALTH SCIENCES, INC. AND SUBSIDIARIES

SALES BY REGION

(in thousands)

(unaudited)

 

 

Quarter ended

 

 

 

 

 

 

 

 

 

July 4,
2026

 

June 28,
2025

 

Change from prior

year

 

Percent change

 

Currency impact on

sales

 

Percent change

excluding currency

impact

Core Nutritional:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asia Pacific

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Greater China

$

114,614

 

51.3

%

 

$

113,171

 

48.0

%

 

$

1,443

 

 

1.3

%

 

$

5,230

 

 

(3.3

%)

Southeast Asia Pacific

 

28,719

 

12.9

%

 

 

32,887

 

13.9

%

 

 

(4,168

)

 

(12.7

%)

 

 

776

 

 

(15.0

%)

North Asia

 

13,814

 

6.2

%

 

 

17,166

 

7.3

%

 

 

(3,352

)

 

(19.5

%)

 

 

(991

)

 

(13.8

%)

Asia Pacific total

 

157,147

 

70.4

%

 

 

163,224

 

69.2

%

 

 

(6,077

)

 

(3.7

%)

 

 

5,015

 

 

(6.8

%)

Americas and Europe

 

34,458

 

15.4

%

 

 

36,264

 

15.4

%

 

 

(1,806

)

 

(5.0

%)

 

 

632

 

 

(6.7

%)

Core Nutritional total

 

191,605

 

85.8

%

 

 

199,488

 

84.6

%

 

 

(7,883

)

 

(4.0

%)

 

 

5,647

 

 

(6.8

%)

Hiya

 

28,261

 

12.7

%

 

 

33,931

 

14.4

%

 

 

(5,670

)

 

(16.7

%)

 

 

 

 

(16.7

%)

Rise

 

3,407

 

1.5

%

 

 

2,429

 

1.0

%

 

 

978

 

 

40.3

%

 

 

 

 

40.3

%

Consolidated total

$

223,273

 

100.0

%

 

$

235,848

 

100.0

%

 

$

(12,575

)

 

(5.3

%)

 

$

5,647

 

 

(7.7

%)

 

USANA HEALTH SCIENCES, INC. AND SUBSIDIARIES

CORE NUTRITIONAL ACTIVE BRAND PARTNERS AND ACTIVE PREFERRED CUSTOMERS BY REGION

(unaudited)

 

Core Nutritional Active Brand Partners by Region(1)

(unaudited)

 

 

 

As of
July 4, 2026

 

As of
June 28, 2025

Asia Pacific

 

 

 

 

 

 

 

 

Greater China

 

60,000

 

35.9

%

 

64,000

 

37.2

%

Southeast Asia Pacific

 

44,000

 

26.3

%

 

45,000

 

26.2

%

North Asia

 

25,000

 

15.0

%

 

26,000

 

15.1

%

Asia Pacific Total

 

129,000

 

77.2

%

 

135,000

 

78.5

%

 

 

 

 

 

 

 

 

 

Americas and Europe

 

38,000

 

22.8

%

 

37,000

 

21.5

%

 

 

167,000

 

100.0

%

 

172,000

 

100.0

%

Core Nutritional Active Preferred Customers by Region(2)

(unaudited)

 

 

 

As of
July 4, 2026

 

As of
June 28, 2025

Asia Pacific

 

 

 

 

 

 

 

 

Greater China

 

156,000

 

71.9

%

 

167,000

 

67.9

%

Southeast Asia Pacific

 

15,000

 

6.9

%

 

23,000

 

9.3

%

North Asia

 

7,000

 

3.2

%

 

11,000

 

4.5

%

Asia Pacific Total

 

178,000

 

82.0

%

 

201,000

 

81.7

%

 

 

 

 

 

 

 

 

 

Americas and Europe

 

39,000

 

18.0

%

 

45,000

 

18.3

%

 

 

217,000

 

100.0

%

 

246,000

 

100.0

%

_________________________

(1)

Brand Partners are independent distributors of our products who also purchase our products for their personal use. We only count as active those Brand Partners who have purchased from us any time during the most recent three-month period, either for personal use or resale.

(2)

Preferred Customers purchase our products strictly for their personal use and are not permitted to resell or to distribute the products. We only count as active those Preferred Customers who have purchased from us any time during the most recent three-month period. China utilizes a Preferred Customer program that has been implemented specifically for that market.
 

USANA HEALTH SCIENCES, INC. AND SUBSIDIARIES

OPERATING RESULTS AS A PERCENTAGE OF NET SALES

(unaudited)

 

 

 

Quarter ended

 

 

July 4, 2026

 

June 28, 2025

 

 

Core Nutritional

 

Hiya

 

Rise

 

Consolidated

 

Core Nutritional

 

Hiya

 

Rise

 

Consolidated

Net sales

 

100.0%

 

100.0%

 

100.0%

 

100.0%

 

100.0%

 

100.0%

 

100.0%

 

100.0%

Cost of sales

 

18.9%

 

32.1%

 

89.2%

 

21.7%

 

18.2%

 

36.2%

 

61.8%

 

21.3%

Gross profit

 

81.1%

 

67.9%

 

10.8%

 

78.3%

 

81.8%

 

63.8%

 

38.2%

 

78.7%

Operating expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Brand Partner incentives

 

43.6%

 

—%

 

 

37.4%

 

43.6%

 

—%

 

—%

 

36.9%

Selling, general and administrative

 

30.8%

 

74.8%

 

61.3%

 

36.9%

 

31.5%

 

52.8%

 

51.1%

 

34.7%

Estimated preliminary impairment

 

—%

 

103.1%

 

—%

 

13.0%

 

—%

 

—%

 

—%

 

—%

Total operating expenses

 

74.4%

 

177.9%

 

61.3%

 

87.3%

 

75.1%

 

52.8%

 

51.1%

 

71.6%

(Loss) earnings from operations

 

6.7%

 

(110.0)%

 

(50.5)%

 

(9.0)%

 

6.7%

 

11.0%

 

(12.9)%

 

7.1%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of acquired intangible assets

 

—%

 

15.8%

 

6.2%

 

2.1%

 

—%

 

13.1%

 

8.6%

 

2.0%

 

Investor contact:
Andrew Masuda
Investor Relations
(801) 954-7201
investor.relations@usanainc.com

Media contact:
Sarah Searle
(801) 954-7626
media@usanainc.com

Source: USANA Health Sciences, Inc.