Global nutritional supplement company USANA has once again been recognized — in the 2016 Direct Selling Association (DSA) Code of Ethics Communication Initiative — for taking its ethical business practices to the next level within the direct sales industry.
This year’s recognition marks the seventh consecutive year USANA has been named to the initiative, whose purpose is to encourage and promote the education and communication of the DSA Code of Ethics among member companies, members of the field and the general public.
“USANA takes ethical business practices very seriously—that is why we are proud to be a part of such an important initiative,” said Dan Whitney, vice president of ethics and market expansion.
“Every year, we voluntarily participate in the Code of Ethics Communication Initiative because of our commitment to the highest level
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USANA Q2 Revenue Up 10.8% To $258 Million
by Ted Nuyten • • 0 Comments
USANA Health Sciences, Inc (NYSE: USNA) – a Triple AAA+ classified opportunity by Business For Home – announced financial results for its fiscal second quarter ended July 2, 2016.
Second quarter net sales increased by 10.8% to a record $258.5 million, up 16.2% on a constant currency basis
Second quarter EPS increased by 7.8% to a record $2.07
Number of active Associates increased by 15.9% to 460,000
Company increases 2016 EPS Outlook
Net sales for the second quarter of 2016 increased to $258.5 million, up 10.8%, compared with $233.2 million in the prior-year period. The increase in net sales was driven by 15.9% growth in the number of active Associates and 6.6% growth in the number of Preferred Customers.
Total customer growth during the quarter reflects sustained momentum in our worldwide business. The continued strength of the
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USANA Classified As Triple A Opportunity
by Ted Nuyten • • 0 Comments
USANA is classified as Triple A (AAA+) opportunity based on key figures such as revenue, momentum, Alexa ratings, poll results, input from direct selling professionals, top earners and Head Office visits.
Business For Home recommends USANA. There is high certainty that the net benefit is substantial for a (new) representative.
USANA Health Sciences, Inc., was founded in 1992. The company in its develops and manufactures high-quality nutritional, personal care, and weight-management products FDA-registered facility in Salt Lake City, Utah, USA.
The products are sold directly to Associates and Preferred Customers throughout the United States, Canada, Australia, New Zealand, Hong Kong, Japan, Taiwan, South Korea, Singapore, Mexico, Malaysia, the Philippines, the Netherlands, the United Kingdom, Thailand, France and Belgium.
Additionally, USANA’s wholly-owned subsidiary, BabyCare, Ltd., operates a direct selling business in China.
Over the last few years, USANA
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USANA Receives Additional Third-Party Seal Of Approval
by Nicole Dunkley • • 0 Comments
USANA Health Sciences recently announced that it has received another seal of approval from third-party tester ConsumerLab.com, this one for its Procosa cartilage and joint health supplement.
ConsumerLab.com performs independent assessments of health and nutrition products to provide quality ratings and comparisons.
To receive the organization’s seal of approval, products undergo a rigorous testing process. In the case of Procosa, the supplement had to contain 100 percent of the claimed amount of glucosamine, used to keep joints and cartilage healthy, and meet quality standards for lead, arsenic, cadmium and mercury.
“Receiving this third-party seal of approval from ConsumerLab.com shows our customers that we truly care about the quality of our products,” said Dan Macuga, USANA’s Chief Communications Officer.
“USANA continues to create products that are proven to have accurate and truthful labels.”
The Utah-based
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USANA Receives Approval for 8 Additional Licenses in China
by Ted Nuyten • • 0 Comments
USANA Health Sciences Inc. (NYSE: USNA), a global nutritional company, announced today that its China subsidiary, BabyCare Ltd., received approval from the Ministry of Commerce People’s Republic of China (MOFCOM) to expand direct selling activities in eight additional provinces/municipalities within China.
The provinces/municipalities are Liaoning Province, Shandong Province, Shanxi Province, Sichuan Province, Guangdong Province, Dalian City, Qingdao City, and Shenzhen City.
These additional licenses add to BabyCare’s existing direct selling licenses in the municipalities/provinces of Beijing, Jiangsu, Shanxi and Tianjin.
“We are pleased to have received these additional licenses in China, where we continue to expand the reach of our world-class products,”
said Co-CEO Dave Wentz.
“We remain committed to working with the Chinese government as we continue growing our business in this promising market.”
For more information about USANA’s products and company, visit USANA.com.
About USANA
USANA develops
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USANA Q1 2016 Revenue Up 9.6 % To $240 Million
by Nicole Dunkley • • 0 Comments
For the first quarter of 2016, net sales increased to a record $240.4 million, up 9.6%, compared with $219.4 million in the prior-year period.
A stronger U.S. dollar negatively impacted net sales by $14.2 million in the first quarter of 2016. On a constant currency basis, net sales increased by 16.1%.
The Company delivered this growth notwithstanding a challenging prior year comparable due to (i) incremental sales during the first quarter of 2015 from a significant incentive that was offered during that period but was not offered again in the first quarter of 2016, and (ii) incremental sales during the first quarter of 2015 ahead of price increases in China, which did not occur again in the first quarter of 2016.
Net sales growth for the first quarter of 2016 was driven by 16.2% growth in the
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USANA Rankes 21st Largest Revenue Generating Company In 2016
by Nicole Dunkley • • 0 Comments
Earlier this week, Direct Selling News revealed its seventh annual DSN Global 100 list, an exclusive ranking of the top revenue-generating direct selling companies in the world. Based on 2015 revenues alone, USANA Health Sciences was ranked as the 21st on the DSN Global 100.
“USANA’s recognition by Direct Selling News as the 21st largest direct selling company is a reflection of the dedication of our Associates and employees,” said Dave Wentz, co-CEO of USANA. “Our recognition by DSN is also reflective of USANA’s vision of improving the health and nutrition of individuals and families around the world.”
Created to acknowledge the successes of individual direct selling companies and provide a clear picture of the magnitude of the industry, DSN created the Global 100 list as a commitment to showcasing a transparent industry by providing credibility
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USANA Announces Proposed Expansion Of Its Board of Directors
by Nicole Dunkley • • 0 Comments
USANA Health Sciences, Inc. (NYSE: USNA) recently announced that it is proposing to shareholders the election of three new members to its Board of Directors at its Annual Shareholder Meeting on May 2, 2016.
The proposal would increase the size of the Board to seven directors and expand the breadth of expertise, backgrounds and viewpoints of the Board. David A. Wentz, Co-Chief Executive Officer of the Company, Frederic J. Winssinger and Feng Peng have been nominated by the Board to stand for election at the Annual Shareholder Meeting. D.
Richard Williams, who was appointed to the Board in March 2016, will also stand for re-election at the Annual Shareholder Meeting, along with Dr. Myron W. Wentz, Robert Anciaux and Gilbert A. Fuller.
Long time Board members Jerry G. McClain and Ronald S. Poelman will retire
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USANA Appoints D. Richard Williams To Board Of Directors
by Nicole Dunkley • • 0 Comments
USANA Health Sciences, Inc. today announced the appointment of D. Richard Williams to the company’s board of directors effective March 1, 2016.
Mr. Williams joins the board as an independent director and brings a wealth of direct selling experience, as well as finance and corporate strategy expertise. The USANA board now has six members, five of whom are independent.
Myron W. Wentz, Ph.D., Chairman of the Board, commented, “Rick led Primerica as a Co-Chief Executive Officer for more than 15 years and continues to lead their company as Chairman of the Board.
He brings to our board more than twenty years of direct selling experience, along with expertise in a host of operating and financial areas that will provide significant value to USANA. I am delighted to have Rick join our board of
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Usana Three-Time Winner Of Top Rated Direct Selling Brand
by Nicole Dunkley • • 0 Comments
The awards continue to roll in for global health and wellness company USANA, as they were just recently named the 2016 Top Rated Direct Selling Brand in ConsumerLabs’s Survey of Vitamin and Supplement Users.
This award was presented to USANA based on customer satisfaction, with a greater percentage of consumers being “highly satisfied” with USANA than with other direct selling brands.
USANA continues its momentum from 2015 where the company was recognized with the prestigious ConsumerLab.com Seal of Approved Quality — a certification of purity and label accuracy — from ConsumerLab.com for 10 of its supplements: Visionex®, CoQuinone® 30, Active Calcium™, Vitamin D, Pure Rest™, USANA® Probiotic , USANA® Essentials™, Usanimals™, BabyCare Prenatal Essentials and Body Rox™.
“When consumers continue giving our products the highest ratings possible through ConsumerLa’s annual survey, it holds serious weight