earnings
confidence high
sentiment negative
materiality 0.80
USANA Q1 net sales $248M, EPS $0.95; raises FY23 guidance low end
USANA HEALTH SCIENCES INC
2023-Q1 EPS reported
$0.95
revenue$248,360,000
- Net sales $248M, +9% sequentially but -9% YoY; diluted EPS $0.95 (+44% sequentially, -17% YoY).
- FY2023 guidance raised: net sales $875-$950M (previously $850-$950M), EPS $2.40-$3.30 (prev $2.35-$3.30).
- Active customers 491,000, flat sequentially, -11% YoY; Asia Pacific net sales $200M (80% of total).
- Q1 included ~$12M China COVID-demand benefit and ~$13M price-increase pull-forward; new market expansion planned.
- Ended quarter with $295M cash, debt-free; no share repurchases; $83M remaining under authorization.