secwatch.observer — SEC 8-K summary
======================================

Issuer:     USANA HEALTH SCIENCES INC (USNA)
CIK:        0000896264
Form:       8-K/A
Filed at:   2025-03-07T23:59:59+00:00
Accession:  0000896264-25-000082
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

USANA acquires controlling interest in Hiya Health Products; Hiya posts $80.9M revenue, $14.9M net income in 9M 2024
--------------------------------------------------------------------------------

- USANA acquired controlling interest in Hiya on Dec 23, 2024; audited financials of Hiya now filed.
- Hiya's revenue $80.9M, net income $14.9M for nine months ended Sep 30, 2024.
- Hiya's FY2023 revenue $68.4M, net loss $467.8K; shows significant growth.
- Hiya had $3.85M cash, $8.15M inventory, and zero line-of-credit borrowings as of Sep 30, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/896264/000089626425000082/0000896264-25-000082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/896264/000089626425000082/usna-20241223.htm
  HTML page:      https://secwatch.observer/filing/0000896264-25-000082

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer