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USANA and Beijing University of Chinese Medicine sign research collaboration agreement
Shared research to unite modern nutritional science and Traditional Chinese Medicine
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SALT LAKE CITY, May 21, 2021 /PRNewswire/ USANA Health Sciences, Inc., and its subsidiary in China BabyCare, Ltd. announced this week a research collaboration agreement with Beijing University of Chinese Medicine (BUCM), a well-known university in China. Under the agreement, USANA and BUCM will cooperatively research the field of Traditional Chinese Medicine (TCM). The objective of this collaboration is to bring together modern nutritional science and TCM to improve the health and wellness of individuals and families around the world.
USANA Health Sciences Raises FY Outlook
WASHINGTON (dpa-AFX) - USANA Health Sciences Inc. (USNA) said it increased its outlook for 2021, which now reflects top-line growth between 9.3% and 12.8%. Notably, it expects sales to accelerate during the second quarter, due largely to a short-term sales program it is offering around the world during the quarter.
The company offered a similar short-term sales program during the third quarter of 2020, which was successful and received a positive response from Associates around the world. Following the conclusion of the program, the company expects to see year-over-year sales growth, albeit at a decreased growth rate from the second quarter of this year.
USANA Health Sciences Q1 Earnings Advance
WASHINGTON (dpa-AFX) - USANA Health Sciences (USNA) announced a profit for its first quarter that increased from the same period last year.
The company s earnings came in at $30.62 million, or $1.45 per share. This compares with $26.55 million, or $1.23 per share, in last year s first quarter.
Analysts had expected the company to earn $1.48 per share, according to figures compiled by Thomson Reuters. Analysts estimates typically exclude special items.
The company s revenue for the quarter rose 15.5% to $307.98 million from $266.62 million last year.
USANA Health Sciences earnings at a glance:
-Earnings (Q1): $30.62 Mln. vs. $26.55 Mln. last year.
-EPS (Q1): $1.45 vs. $1.23 last year.