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USANA Health Sciences Announces Record Fourth Quarter and Full-Year 2014 Financial Results
- Fourth quarter net sales increased by 22.3% to $227.9 million
- Fourth quarter EPS increased by 17.0% to $1.65
- Number of active Associates increased by 31.7%
- 2014 marks 12th consecutive year of record sales
- EPS increased to a record $5.60 for the year
- Initial 2015 net sales and earnings outlook provided
SALT LAKE CITY--(BUSINESS WIRE)--February 10, 2015--USANA Health Sciences, Inc. (NYSE: USNA) today announced financial results for its fiscal fourth quarter ended January 3, 2015. The Company also provided net sales and earnings guidance for 2015.
For the fourth quarter of 2014, net sales increased by 22.3% to $227.9 million, compared with $186.3 million in the prior-year period. The fourth quarter of 2014 was a 14-week quarter as compared to a typical 13-week quarter in the prior year period. The Company estimates that this extra week contributed approximately $16 million to net sales for the quarter. The increase in net sales was driven by 31.7% growth in the number of active Associates, largely as a result of strong growth in the Company’s Asia Pacific region. Net sales, on a comparative basis, were negatively impacted by $6.3 million due to a strengthening U.S. dollar.
The following information was filed by Usana Health Sciences Inc (USNA) on Tuesday, February 10, 2015 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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