USANA Health Sciences Second Quarter 2024 Earnings: Misses Expectations

USANA Health Sciences (NYSE:USNA) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$212.9m (down 11% from 2Q 2023).
• Net income: US$10.4m (down 40% from 2Q 2023).
• Profit margin: 4.9% (down from 7.3% in 2Q 2023). The decrease in margin was driven by lower revenue.
• EPS: US$0.55 (down from US$0.90 in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

USANA Health Sciences Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 3.7%. Earnings per share (EPS) also missed analyst estimates by 17%.

Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 6.5% growth forecast for the Personal Products industry in the US.

Performance of the American Personal Products industry.

The company's shares are down 9.6% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with USANA Health Sciences (including 1 which shouldn't be ignored).

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