Recognized for establishing a nurturing work environment, USANA Health Sciences was named one of seven of the nation’s best places to work for within the direct selling industry by Direct Selling News.
The inaugural contest was run through Quantum Workplace and was open to all direct selling companies headquartered in North America, with 50 or more corporate employees.
“USANA strives to create a work environment that encourages a work and home life balance, while maintaining a positive and productive atmosphere its employees enjoy being a part of,” said USANA Chief Communication Officer Dan Macuga.
“To be recognized as one of the best direct selling companies to work for in North America is a huge honor when you take into consideration how deep the competition is. As USANA heads toward becoming a billion-dollar company,
Tag Archive for USANA
Hot Business News Today
USANA Officially Open For Business In Indonesia
by Nicole Dunkley • • 0 Comments
Indonesia, the world’s fourth-most populous country, welcomes USANA Health Sciences — a global nutrition company — with its world-class health and wellness products to the people of this thriving nation. This tropical oasis marks USANA’s 20th market worldwide with a central office located in the beautiful capital city of Jakarta.
“USANA is growing fast, and has unprecedented leadership interest in one of the world’s most rapidly growing Direct Selling markets,” said USANA Vice President of Ethics and Market Expansion Dan Whitney. “There is a wealth of opportunity in Indonesia. USANA has made a full commitment to long term success in this country and we’re thrilled to announce that we’re open for business.”
USANA’s Indonesian headquarters will launch with its flagship product, the Essentials, leading the charge along with several of its key optimizers. The
Hot Business News Today
USANA – Q3 Sales Increased 21.5% To $233.3 Million
by Ted Nuyten • • 0 Comments
USANA Health Sciences, Inc. (NYSE: USNA) today announced record financial results for its fiscal third quarter ended October 3, 2015.
Financial Performance
For the third quarter of 2015, net sales increased to $233.3 million, up 21.5% compared with $191.9 million in the prior-year period. The increase in net sales was driven by 39.2% growth in the number of active Associates and 15.6% growth in the number of Preferred Customers. Fluctuations in currency exchange rates negatively impacted net sales by $18.3 million year-over-year and $7.3 million on a sequential quarter basis. Third quarter net sales increased 31.1% year-over-year on a constant currency basis.
Net earnings for the third quarter increased by 31.3% to $25.6 million, compared with $19.5 million during the prior-year period. The increase in net earnings was driven by higher net sales, improved gross
Hot Business News Today
Aces for Humanity Raises $25K For USANA True Health Foundation
by Ramya Chandrasekaran • • 0 Comments
The Women’s Tennis Association (WTA) announced today the Aces for Humanity, a joint WTA and USANA Health Sciences initiative supporting the USANA True Health Foundation, has raised $25,000 this year toward the not-for-profit philanthropy whose mission is to provide the most critical human necessities to those suffering or in need.
Beginning at the BNP Paribas Open in Indian Wells, every ace served at a Premier-level WTA event translated into a dollar donation for the Foundation. For every ace served by the eight USANA Brand Ambassadors—Caroline Wozniacki, Eugenie Bouchard, Madison Keys, Monica Puig, Sloane Stephens, Samantha Stosur, Zhang Shuai and Zheng Saisai—the WTA contributed $10 to the campaign, while every ace served by any other WTA player translated into a $5 donation. In sum, 435 aces were served by the eight USANA Ambassadors resulting in a donation of $24,220. The overall amount was increased to $25,000.
“The WTA is proud to contribute $25,000 toward the USANA True
Hot Business News Today
Aces for Humanity Raises $25K For USANA True Health Foundation
by Ramya Chandrasekaran • • 0 Comments
The Women’s Tennis Association (WTA) announced today the Aces for Humanity, a joint WTA and USANA Health Sciences initiative supporting the USANA True Health Foundation, has raised $25,000 this year toward the not-for-profit philanthropy whose mission is to provide the most critical human necessities to those suffering or in need.
Beginning at the BNP Paribas Open in Indian Wells, every ace served at a Premier-level WTA event translated into a dollar donation for the Foundation. For every ace served by the eight USANA Brand Ambassadors—Caroline Wozniacki, Eugenie Bouchard, Madison Keys, Monica Puig, Sloane Stephens, Samantha Stosur, Zhang Shuai and Zheng Saisai—the WTA contributed $10 to the campaign, while every ace served by any other WTA player translated into a $5 donation. In sum, 435 aces were served by the eight USANA Ambassadors resulting in a donation of $24,220. The overall amount was increased to $25,000.
“The WTA is proud to contribute $25,000 toward the USANA True
Hot Business News Today
USANA Names Aurora “Duday” Gaston Regional Manager Of Philippines, Indonesia
by Nicole Dunkley • • 0 Comments
Global manufacturer of health supplements USANA Health Sciences recently named Filipino executive and USANA Philippines General Manager Aurora “Duday” Gaston as its Regional Manager in the Philippines and Indonesia.
This announcement comes at the heel of USANA’s establishment of its Indonesian operations, its 20th market worldwide. This move is expected to be a massively strategic move for USANA as Indonesia is deemed to be one of the most thriving hubs in the direct selling business.
“I’ve been in the industry for around 30 years and perhaps this is one of my most important achievements in the direct selling industry: the honor to take this new role and showcase the brilliance of Philippine entrepreneurship and leadership in an international scale,” shares Gaston.
Prior to joining USANA, Duday worked as Head of Triumph Direct Selling Philippines for
Hot Business News Today
USANA Reports Record Revenue Of $233.2 Million + 23.9%
by Ted Nuyten • • 0 Comments
USANA Health Sciences, Inc. (NYSE: USNA) today announced record financial results for its fiscal second quarter ended July 4, 2015. The Company also increased its financial outlook for 2015.
Financial Performance
Second quarter net sales increased 23.9% to $233.2 million
Second quarter EPS increased 41.2% to $1.92
Number of active Associates increased 40.3% to 397,000
For the second quarter of 2015, net sales increased to $233.2 million, up 23.9% compared with $188.3 million in the prior-year period. The increase in net sales was driven by 40.3% growth in the number of active Associates and 15.2% growth in the number of Preferred Customers. Also included in net sales for the quarter is $5 million in revenue that was deferred during the previous quarter in connection with price increases in China. Fluctuations in currency exchange rates negatively impacted net
Hot Business News Today
USANA Appoints Co-CEOs
by Nicole Dunkley • • 0 Comments
USANA Health Sciences recently announced that the Board of Directors has appointed Dave Wentz and Kevin Guest as Co-Chief Executive Officers of the Company, effective immediately. Mr. Wentz will oversee USANA’s global operations, while Mr. Guest will lead USANA’s worldwide field development and sales efforts. Both Mr. Guest and Mr. Wentz will report directly to the Board of Directors.
Dr. Myron Wentz, USANA’s founder and Chairman of the Board, commented, “Kevin has been with USANA for over 20 years, most recently as President, and has played a key role in leading USANA to new heights in sales and financial performance.
Dave has also been with USANA for over 20 years and has served in executive positions for much of that time, most recently as Chief Executive Officer. As USANA approaches the $1 billion
Hot Business News Today
USANA Has Joined Dr. Oz Show’s Trusted Partners and Sponsors
by Ted Nuyten • • 0 Comments
When it comes to supplements, there is a company America’s doctor trusts — USANA Health Sciences, Inc.
Announced today, the global nutrition company has joined the core of The Dr. Oz Show’s Trusted Partners and Sponsors.
“For the Dr. Oz Show to call any company a Trusted Partner and Sponsor, it must meet certain criteria. Chief among them is integrity. We’ve done our research and found USANA to be an outstanding company. One that offers cutting-edge products that we here at the show would feel comfortable recommending to our wonderful audience,” said Dr. Mehmet Oz, cardiothoracic surgeon and three-time Daytime Emmy Award-winning Host of the three-time Emmy Daytime Award-winning The Dr. Oz Show.
USANA began its relationship with Dr. Oz’s charitable foundation, HealthCorps, nearly three years ago with a common mission to fight for the health of America’s teenagers, especially in regard to weight issues. It is that mutual dedication to health that led to this new trusted partnership between USANA and The Dr. Oz Show.
“My relationship with USANA has grown into one of deep admiration and mutual respect. It is clear that USANA and I share a common vision to make a positive impact on the health of others. It’s a
Hot Business News Today
USANA – Q3 Revenue Up 10.5% to $191.9 million
by Ted Nuyten • • 0 Comments
USANA Health Sciences, Inc. (NYSE: USNA) today announced financial results for its fiscal third quarter ended September 27, 2014. The Company also provided updated net sales and earnings guidance for 2014.
Financial Performance:
For the third quarter of 2014, net sales increased by 10.5% to $191.9 million, compared with $173.7 million in the prior-year period. The increase in net sales was driven by overall Associate growth of 18.8%, which was generated by the Companys Asia Pacific region.
Net earnings for the third quarter increased by 16.4% to $19.5 million, compared with $16.8 million during the prior-year period. This increase was driven by higher net sales and lower relative Associate Incentives expense. On a relative basis, Associate Incentives expense declined due to a $4.5 million one-time payout resulting from the pricing and compensation plan initiatives implemented by the Company in the third quarter of 2013. Earnings per share for the quarter increased by 26.7% to $1.47, compared with $1.16 in the third quarter of the prior year.
This increase in earnings per share was attributable to higher net earnings and a lower number of diluted shares outstanding due to the Companys share repurchases during 2014. Weighted average diluted shares outstanding were 13.3 million as