USANA Well being Sciences, Inc. launched its monetary report for This autumn and full yr fiscal 2022. The corporate’s fourth quarter internet gross sales had been $228 million, down 15% from the prior yr’s quarter, whereas full yr internet gross sales had been $999 million, a 16% decline over 2021. Energetic clients had been down 13% for the yr to 490,000.
Asia Pacific continues to be a robust area for the corporate with $183 million in This autumn internet gross sales and 384,000 lively clients. The Americas and Europe represented $45 million in This autumn internet gross sales with 106,000 lively clients.
Fiscal 2022 diluted EPS was $3.59, down from $5.73 in 2021. Total, USANA generated $104 million of working money circulate in 2022 and ended the yr with $288 million in money and money equivalents with zero debt.
“Whereas 2022 offered a difficult working setting for each USANA and our trade, we remained targeted on executing our long-term progress technique,” stated Kevin Visitor, Chief Govt Officer and Chairman of the Board. “In 2022, we made progress in a number of areas that place USANA for future progress. These areas embrace digital commerce initiatives to help our enterprise, new market growth, the launch of our associates program in choose markets, and the completion of two acquisitions. These actions additional our efforts to distinguish and diversify our enterprise whereas contributing to shareholder returns.”
The corporate reaffirmed its fiscal 2023 internet gross sales and diluted EPS outlook of $850 million-$950 million and $2.35-$3.30 respectively.
