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USANA Health Sciences Q4 Sales Up 8.7% To $252 Million

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USANA Health Sciences, Inc. (NYSE: USNA) today financial results for its fiscal fourth quarter and year ended December 31, 2016.
For the fourth quarter of 2016, net sales increased to $252.9 million, up 8.7%, compared with $232.6 million in the prior-year period. A stronger U.S. dollar negatively affected net sales by $9.2 million for the quarter.
Excluding the impact of currency, net sales would have increased by 12.7% for the fourth quarter of 2016. Net sales growth was driven by an 11.9% increase in the number of active Associates.
Net earnings for the fourth quarter decreased by 8.7% to $21.9 million, compared with $24.0 million during the prior-year period. Changes in currency negatively impacted net earnings by an estimated $2.4 million. Lower gross margins and higher Associate Incentives expenses also negatively impacted net earnings.

Fourth

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USANA Selects Three New Vice Presidents

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USANA announced the promotion of three executive directors to vice president of their respective areas.
Ashley Collins, former executive director of PR & social media, has been named vice president of marketing & PR; Amy Haran, former executive director of communications, has been named vice president of communications; and Howard Gurney, former executive director of quality systems and regulatory affairs, has been named vice president of product development process.
“I have had the pleasure of working with these proven leaders for many years now and know firsthand their dedication and commitment to our employees, stakeholders, distributors and customers,” said Kevin Guest, CEO of USANA. “These talented and ambitious individuals have been essential in hitting key benchmarks within the company and will continue taking us to the next level of excellence.”
Ashley Collins began her

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USANA Co-CEO Dave Wentz Steps Down – Kevin Guest Appointed As CEO

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USANA Health Sciences, Inc. (NYSE: USNA) today announced a CEO transition plan. Dave Wentz has made the personal decision to step down as Co-CEO and a member of the Board of Directors of the Company.
The Board of Directors has appointed current Co-CEO, Kevin Guest, as CEO of the Company.
The Company will no longer utilize a Co-CEO management structure. The USANA Board of Directors now consists of six directors, four of whom are independent.
Commenting on his transition, Mr. Wentz said, “I am grateful for my long tenure with USANA and am proud of what we have accomplished over the past 24 years. USANA has always been, and will remain, a positive influence for so many lives, including my own, and I am confident in the company’s future under Kevin’s leadership.
I

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USANA Q3 Sales Up 9% To $254 Million

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USANA Health Sciences, Inc. (NYSE: USNA) today announced financial results for its fiscal third quarter ended October 1, 2016.
Net sales for the third quarter of 2016 increased by 9.0% to $254.2 million, compared with $233.3 million in the prior-year period, but came in below the Company’s expectations due to softer-than-anticipated sales in the Greater China region.
The increase in net sales is attributed to a 12.6% increase in the number of active Associates and a 5.6% increase in the number of Preferred Customers. The continued strength of the U.S. dollar negatively impacted net sales during the quarter by $5.7 million.
Net earnings for the third quarter of 2016 increased to $30.1 million, an increase of 17.5% compared to $25.6 million in the prior-year period. The increase in net earnings was due primarily to

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USANA Names Rob Sinnott As Chief Scientific Officer

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As USANA Health Sciences prepares to announce a scientific breakthrough this week at its 2016 International Convention in Salt Lake City, the global nutritional company welcomes Rob Sinnott, PhD. to its award-winning research and development team as its new chief scientific officer.
Dr. Sinnott brings to USANA more than 25 years of experience and leadership in life sciences, chemistry, biotechnology, and nutrition, with 18 spent directly in the nutritional supplement industry. He has held numerous scientific and leadership roles.
Co-CEO “Rob gained our attention because of his exceptional leadership and experience in our industry,” said USANA Dave Wentz. “I’m happy he’s coming aboard to grow the research and development team and push our innovation to the next level.” 
Dr. Sinnott received his bachelor of science in biological sciences, and his master’s and doctorate

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USANA Recognized For High Ethical Standards

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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

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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

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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

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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

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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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