USANA Plummets on Q3 Miss; Outlook Disappoints
October 26 2022 - 08:46AM
TipRanks
Shares of nutritional and personal care products provider USANA
Health Sciences (NYSE:USNA) are plummeting today after the
company’s third-quarter showing landed short of estimates and
revised guidance failed to buoy investor sentiment. Revenue dropped
15% year-over-year to $233 million, lagging expectations by ~$11
million. EPS at $0.78 too, missed consensus by $0.11. Further,
USNA’s active customer count dropped 15% sequentially to 474,000. A
challenging environment in the Asia Pacific and a rising U.S.
Dollar impacted the company’s performance during the quarter. For
fiscal 2022, it now expects net sales to range between $955 million
and $975 million. EPS is anticipated between $3.15 and $3.40 for
the period.
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USANA Health Sciences (NYSE:USNA)
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