NYSE$USNA

USANA Health Sciences Inc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

USANA's Q2 2024 results were impacted by macroeconomic pressures and lower active customer counts.

USANA Health Sciences reported a decrease in net sales and diluted EPS for the second quarter of 2024 compared to the same period in 2023. The company is updating its fiscal year 2024 net sales and diluted EPS outlook due to these challenges.

  • Second quarter net sales were $213 million, down from $238 million in Q2 2023.
  • Second quarter diluted EPS was $0.54, compared to $0.89 in Q2 2023.
  • The company generated $8 million in operating cash flow and ended the quarter with $332 million in cash and cash equivalents.
  • Fiscal year 2024 net sales outlook is updated to $850 million to $880 million, and diluted EPS outlook is updated to $2.40 to $2.55.

Headline financials

Total Revenue

$213M

Previous: $238M-10.6%
EPS

$0.54

Previous: $0.89-39.3%
Direct Selling Active Customers

468.0K

Previous: 487.0K-3.9%
Direct Selling Active Brand Partners

193.0K

No prior period
Direct Selling Active Preferred Customers

275.0K

No prior period
Capital Expenditures

-$5.87M

Previous: -$5.72M-2.7%
Free Cash Flow

$4.56M

Previous: $11.6M-60.6%
Net Income

$10.4M

Previous: $17.3M-39.7%
Operating Income

$17.8M

Previous: $24.4M-26.9%
Gross Profit

$173M

Previous: $195M-11.5%
Cash & Equivalents

$332M

Previous: $300M+10.7%
Total Assets

$631M

Previous: $603M+4.8%
Stock-Based Comp

$3.73M

Previous: $3.67M+1.6%

Revenue & EPS history

USANA · Revenue · Quarterly

$213M

Q2 2024-10.6%vs Q2 2023
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Forward guidance

The Company is updating its net sales and earnings per share outlook for fiscal year 2024, as follows: Consolidated Net Sales $850 - $880 million, Diluted EPS $2.40 - $2.55.

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 Q2 2024

Historical avgQ2 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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