USANA Health Sciences
Up Your Brand Swag Game
A well-planned and fully executed merchandise strategy makes your field more vested in the business and helps create a cohesive culture between the field and corporate team. Branded merchandise can be a terrific way to promote your company, build your brand’s unique culture, and turn your business owners—your most important customers—into walking billboards. But creating…
Read MoreUSANA, Dr. Oz Open New Food-Packing Facility
To combat child hunger in Utah, USANA recently opened a new food-packing facility with the goal of filling and delivering 1,000 backpacks each week to hungry children. “Having acquired Kids Eat Utah and Kids Next Door this past summer, USANA has joined them with our charity, the USANA Foundation, and built a new facility to…
Read MoreUSANA Founder and Chairman Myron W. Wentz to Retire from Board of Directors
USANA Health Sciences, Inc. recently announced that the company’s founder, Myron W. Wentz, Ph.D., will retire from the position of Board chairman and director. Dr. Wentz will retire at the company’s May 1, 2020 Annual Shareholder Meeting and will transition to chairman emeritus and be succeeded as chairman of the Board by Kevin Guest, the…
Read MoreThree Direct Sellers Win Best in Biz Awards
Medical Marijuana subsidiary Kannaway, Medifast and USANA Health Sciences recently won Best in Biz Awards. Since 2011, the Best in Biz Awards has maintained its status as the only independent business awards program judged by prominent reporters and editors from top-tier publications from North America and around the world, from The Associated Press to The Wall Street Journal. Entrants have…
Read MoreUSANA Announces New Appointments
USANA announced the appointment of Timothy Wood, Ph.D., to the company’s board of directors and the promotion of Walter Noot to chief operating officer. “I’m very pleased to welcome Dr. Wood back to USANA as the newest member of our board,” said Myron W. Wentz, Ph.D., Chairman of the Board. “Prior to his retirement in…
Read MoreUSANA Q3 Net Sales Down 12%
USANA Health Sciences, Inc. (NYSE: USNA) announced financial results for its fiscal third quarter ended September 28, 2019. Third quarter 2019 net sales were $260.6 million, compared with $296.8 million in the prior-year period, or a 12.2 percent decrease year-over-year. The company’s total number of active Customers at the end of the third quarter was…
Read MoreDSN Source: China Conducting Random Compliance Checks
A source close to DSN is reporting that the Chinese government is conducting random checks to ensure companies selling wellness products in China are complying with the terms that came out of the 100-day freeze that ended in April of this year. The DSN source added that it’s not strange for the government to follow…
Read MoreChina’s 100-Day Action Continues to Impact Herbalife, Nu Skin, USANA
When the WFDSA numbers came out in June, it showed that 46 percent of the global revenue for direct selling came from Asia/Pacific (32% North America, 21% Europe) with China its largest market making up the bulk of that number (nearly 40%). In our July feature titled The China Conundrum, we discussed the possible impact…
Read MoreUSANA Q2 Sales Down 15.1%
USANA Health Sciences, Inc. (NYSE: USNA) second quarter 2019 net sales were $256.0 million, compared with $301.5 million in the prior-year period, or a 15.1 percent decrease year-over-year. According to the company, its financial performance for the quarter was impacted by the continuing challenging consumer environment in China. In addition, the strengthening of the U.S.…
Read MoreUSANA Signs Official Supplement Supplier License with KBL
USANA Korea recently announced that it will be the official supplement supplier for the Korean Basketball League (KBL). As part of the deal, USANA will provide a selection of various nutritional supplements designed to help players maintain well-balanced diets and intake a wide range of various vitamins and minerals, as well as essential carbohydrates, proteins…
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