NYSE$USNA

USANA Health Sciences Inc · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

USANA's financial performance was affected by strength in mainland China operations, offsetting softness in other markets facing inflationary pressures.

USANA Health Sciences reported a decrease in net sales and diluted EPS for Q1 2024 compared to Q1 2023. Net sales were $228 million, and diluted EPS was $0.86. The company is reiterating its fiscal year 2024 net sales and diluted EPS outlook.

  • First quarter net sales were $228 million, an 8% decrease compared to Q1 2023.
  • First quarter diluted EPS was $0.86, a 9% decrease compared to Q1 2023.
  • Active Customers increased 1% compared to Q1 2023, totaling 494,000.
  • The company reiterates fiscal year 2024 net sales and diluted EPS outlook of $850 million to $920 million and $2.40 to $3.00.

Headline financials

Total Revenue

$228M

Previous: $248M-8.3%
EPS (adj)

$0.86

Previous: $0.95-9.5%
Capital Expenditures

-$3.2M

Previous: -$2.11M-51.9%
Free Cash Flow

$13.3M

Previous: $16.3M-18.1%
Net Income

$16.5M

Previous: $18.4M-10.0%
Operating Income

$24.7M

Previous: $26.8M-8.1%
Gross Profit

$185M

Previous: $200M-7.6%
Cash & Equivalents

$328M

Previous: $295M+11.1%
Total Assets

$629M

Previous: $606M+3.9%
Stock-Based Comp

$3.67M

Previous: $3.61M+1.7%

Revenue & EPS history

USANA · Revenue · Quarterly

$228M

Q1 2024-8.3%vs Q1 2023
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Forward guidance

The Company is reiterating its net sales and earnings per share outlook for fiscal year 2024, as follows: Consolidated Net Sales $850 - $920 million and Diluted EPS $2.40 - $3.00.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

+2.3%

Avg return

Earnings day

+2.0%

Avg return

5 days after

+1.6%

Avg return

30 days after

58%

37 / 64 earnings

Positive

+39.2%

Q2 2015

Best reaction

-24.1%

Q4 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.3%-9.7%-7.0%
Q3 2025-1.6%-2.8%-6.0%
Q2 2025+4.1%+0.8%+1.5%
Q1 2025+4.9%+13.6%+21.4%
Q4 2024+3.9%-6.2%-13.1%
Q3 2024+4.4%+5.0%+12.3%
Q2 2024-3.7%-7.7%-14.6%
Q1 2024+6.0%+6.0%+8.7%
Q4 2023+7.1%+9.6%+4.6%
Q3 2023-16.7%-17.7%-13.8%
Q2 2023+6.5%+2.1%-0.3%
Q1 2023+4.9%+2.5%-4.4%
Q4 2022+4.7%+4.0%+2.4%
Q3 2022-0.2%-3.0%-6.5%
Q2 2022+1.1%+1.4%-0.5%
Q1 2022-3.6%-2.6%-10.4%
Q4 2021-8.4%-5.2%-10.1%
Q3 2021-8.0%-3.4%+1.3%
Q2 2021-2.3%-6.8%-6.9%
Q1 2021-7.7%-6.4%+9.4%
Q4 2020+15.7%+6.3%+16.4%
Q3 2020+5.1%+10.7%-3.5%
Q2 2020-6.4%-12.4%-8.8%
Q1 2020+17.5%+25.2%+23.8%
Q4 2019+25.3%+28.1%+15.7%
Q3 2019+11.5%+4.8%+1.8%
Q2 2019+0.3%+6.1%+5.7%
Q1 2019+9.4%+2.2%-12.9%
Q4 2018-11.4%-6.5%-18.1%
Q3 2018+3.5%+2.7%+13.0%
Q2 2018+23.9%+18.9%+19.0%
Q1 2018+11.6%+10.3%+22.2%
Q4 2017+5.6%+7.0%+14.4%
Q3 2017+12.5%+9.7%+10.1%
Q2 2017-10.0%-11.2%-7.5%
Q1 2017+6.5%+13.4%+16.4%
Q4 2016-11.6%-8.9%-8.9%
Q3 2016-8.2%-11.5%-13.6%
Q2 2016+11.6%+8.2%+8.4%
Q1 2016+6.2%
Q4 2015-24.1%
Q3 2015-11.6%
Q2 2015+39.2%
Q1 2015+19.2%
Q4 2014-6.6%
Q3 2014+26.5%
Q2 2014-7.8%
Q1 2014-15.2%
Q4 2013+18.8%
Q3 2013-9.6%
Q2 2013-13.3%
Q1 2013+8.1%
Q4 2012+5.8%
Q3 2012+1.7%
Q2 2012+5.4%
Q1 2012+2.0%
Q4 2010-4.2%
Q4 2011-4.2%
Q3 2011-5.4%
Q2 2011-0.3%
Q1 2011-0.3%
Q3 2010-2.0%
Q2 2010+4.3%
Q1 2010+4.0%

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