NYSE$USNA

USANA Health Sciences Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Net sales and diluted EPS decreased due to challenging operating environment and difficult prior-year comparison.

USANA Health Sciences reported third quarter results modestly ahead of preliminary outlook. Net sales were $274.4 million, a decrease compared to $298.5 million in the prior year. Diluted EPS were $1.36, down from $1.44 in the third quarter of 2020. The company reiterated its fiscal 2021 net sales and diluted EPS outlook and expects to generate approximately $130 million of free cash flow in fiscal 2021.

  • Third quarter net sales were $274.4 million, compared to $298.5 million in the prior year.
  • Third quarter diluted EPS was $1.36, versus $1.44 in the third quarter of 2020.
  • Company ended the quarter with $249 million in cash and cash equivalents and no debt after repurchasing 523,000 shares for $50 million.
  • The company reiterated its net sales and earnings per share outlook for fiscal year 2021.

Headline financials

Total Revenue

$274M

Previous: $299M-8.1%
EPS (adj)

$1.36

Previous: $1.44-5.6%
Direct Selling Active Customers

576.0K

Previous: 576.0K+0.0%
Capital Expenditures

-$9.61M

Previous: -$13.6M+29.4%
Free Cash Flow

$17.7M

Previous: $16.9M+4.9%
Net Income

$27.3M

Previous: $30.5M-10.4%
Operating Income

$40.8M

Previous: $45.4M-10.1%
Gross Profit

$224M

Previous: $242M-7.6%
Cash & Equivalents

$249M

Previous: $278M-10.7%

Revenue & EPS history

USANA · Revenue · Quarterly

$274M

Q3 2021-8.1%vs Q3 2020
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Forward guidance

The Company is reiterating its net sales and earnings per share outlook for fiscal year 2021, which was provided on September 16, 2021. Fiscal Year 2021 Outlook Range Consolidated Net Sales $1.18 - $1.20 billion Diluted EPS $5.80 - $6.00

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 Q3 2021

Historical avgQ3 2021

+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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