USANA Well being Sciences, Inc. introduced its preliminary monetary outcomes for the second quarter of 2022, together with internet gross sales of $265 million, down from $337 million throughout the identical quarter final yr. Earnings per share expectations had been additionally down at $1.05, in comparison with $1.87 in the course of the second quarter of 2022.
“Our gross sales efficiency in the course of the second quarter was under expectations, as COVID-related lockdowns, restrictions, and different disruptions continued in mainland China and different markets,” stated Kevin Visitor, USANA Chief Govt Officer and Chairman of the Board. “These challenges had been significantly disruptive to the regional gross sales program we supplied in a number of key markets in the course of the quarter, and in the end prompted participation in this system, gross sales outcomes and energetic buyer counts to come back in decrease than anticipated. Importantly, this program was designed to be a catalyst for gross sales and buyer progress not solely in the course of the quarter, but additionally within the second half of the yr. On account of this and the continued uncertainty surrounding the working atmosphere going ahead, we anticipate softer gross sales and buyer counts within the second half of the yr.”
The corporate plans to launch its official monetary report later this month.
