USANA HEALTH SCIENCES INC

USANA HEALTH SCIENCES INC

Previous company name
USANA INC
Name change date
1/25/1993
Company Overview
USANA Health Sciences Inc. is an American company engaged in the development, manufacture and distribution of science-based nutritional health and skin care products in the United States including vitamins, skin-care products, and nutritional supplements. The company was founded as USANA Inc. in 1992 and is headquartered in Salt Lake City, Utah. It is publicly traded on the NASDAQ National Market under the trading symbol USNA.
The company operates in two business divisions: direct selling and contract manufacturing. The direct selling division develops, manufactures and distributes nutritional and personal care products through a network marketing system. Its products are produced and sold from two primary product lines: USANA Nutritionals and Sense. The USANA Nutritionals product line comprises essentials, which include vitamin and mineral supplements that provide a foundation of nutrition for various age groups; optimizers that are designed to meet individual health and nutritional needs; and macro-optimizers comprising low-glycemic functional foods and other related products. The Sense product line includes gentle daily cleanser, hydrating toner, daytime protective emulsion, night renewal, eye nourisher, perfecting essence, serum intensive, rice bran polisher, revitalizing shampoo, nourishing conditioner, firming body nourisher, energizing shower gel, and intensive hand therapy.
The company also provides contract manufacturing services, as well as sells and distributes its products through independent distributors in the United States, Canada, Mexico, New Zealand, Hong Kong, Japan, Taiwan, South Korea, Singapore, the Netherlands, the United Kingdom, Malaysia and China.
Business Summary
USANA Health Sciences, Inc. (USANA) develops and manufactures high-quality, science-based nutritional and personal care products, with a commitment to continuous product innovation and sound scientific research. Its customer base consists of two types of customers: Associates and Preferred Customers. Associates are independent distributors of its products, who also purchase its products for personal use. Preferred Customers purchase its products for personal use and are not permitted to resell or to distribute the products. As of January 2, 2010, it had 199,000 active Associates and 67,000 active Preferred Customers worldwide. USANA sells products from two primary product lines: USANA Nutritionals, which includes high-quality supplements and functional foods, and Sense-beautiful science (Sense), a line of skin and personal care products.
Description and history
USANA Health Sciences, Inc. (USANA) develops and manufactures high-quality, science-based nutritional and personal care products, with a commitment to continuous product innovation and sound scientific research. Its customer base consists of two types of customers: Associates and Preferred Customers. Associates are independent distributors of its products, who also purchase its products for personal use. Preferred Customers purchase its products for personal use and are not permitted to resell or to distribute the products. As of January 2, 2010, it had 199,000 active Associates and 67,000 active Preferred Customers worldwide. USANA sells products from two primary product lines: USANA Nutritionals, which includes high-quality supplements and functional foods, and Sense-beautiful science (Sense), a line of skin and personal care products.

USANA Nutritionals

The Essentials category includes core vitamin and mineral supplements that provide a foundation of nutrition for every age group. The Essentials are designed to promote optimal health with vitamins, minerals and antioxidants. USANA offers Usanimals, a formulation of vitamins, minerals and antioxidants, and Body Rox, a nutritional supplement containing 31 vitamins, minerals, antioxidants and co-factors for adolescents who are 12 to 18 years old. USANA Essentials for adults consists of two products: Mega Antioxidant, a balanced blend of 30 vitamins, antioxidants and other nutrients to support cellular metabolism and to counteract free-radical damage, and Chelated Mineral, a spectrum of minerals, in balanced amounts and absorbable forms. The USANA Essentials are included in the HealthPak 100, a pillow pack that also includes some Optimizers. In addition, USANA’s customers in the United States have the option of creating their own customized pre-packaged supplement regimen, similar to the HealthPak 100, called MyHealthPak.

The Optimizers support cardiovascular health, skeletal/structural health, digestive health and are intended to be used in conjunction with the Essentials. Products in this category include Proflavanol, Poly C, Procosa II, CoQuinone 30, BiOmega-3, E-Prime, BodyRox Active Calcium Chewable, Active Calcium, PhytoEstrin, Palmetto Plus, Ginkgo-PS, Garlic EC, Visionex, OptOmega, PureRest and Hepasil DTX. It also introduced two Optimizers during 2009, a Vitamin D booster supplement and a probiotic supplement. The Vitamin D booster is a seasonal product that is available during the winter months. The Probiotic product contains a blend of probiotic bacteria that has been clinically proven to survive the acidic environment of the stomach and to colonize the gastrointestinal tract.

USANA Foods is the third USANA Nutritionals product line that includes low-glycemic meal replacement shakes, snack bars and other related products that provide optimal macro-nutrition (complex carbohydrates, complete proteins, and beneficial fats) in tasting and convenient formats. USANA Foods can be used along with Essentials and Optimizers to provide a diet and sustained energy throughout the day. USANA Foods include Nutrimeal, Fibergy, and SoyaMax drink mixes, Nutrition Bars and Rev3 energy drinks. Its RESET weight management program and the accompanying RESET kit are also part of the USANA Foods line.

Sense-beautiful science

The Sense-beautiful science product line includes science-based personal care products that support healthy skin and hair by providing topical nourishment, moisturization and protection. These products are designed to complement inner nutrition for the skin provided by the USANA Nutritionals. Sense products are manufactured with its self-preserving technology, which uses a blend of botanicals, antioxidants and active ingredients to keep products fresh, without adding traditional chemical preservatives. Products in this line include Perfecting Essence, Gentle Daily Cleanser, Hydrating Toner, Daytime Protective Emulsion, Eye Nourisher, Night Renewal, Serum Intensive, Rice Bran Polisher, Creme Masque, Revitalizing Shampoo, Nourishing Conditioner, Firming Body Nourisher, Energizing Shower Gel and Hand Therapy.

All Other

The Company develops and sells material and online tools that are designed to assist its Associates in building their businesses and in marketing its products. These resource materials and sales tools include product brochures and business forms that are designed by it and printed by outside publishers. In addition, it provides reprints of other commercial publications that feature USANA and may be used as a sales tool by its Associates. It also periodically contract with authors and publishers to produce or provide books, tapes and other items that deal with health topics and personal motivation, which it then sells to its Associates.

Founded as USANA Inc.

Business Line
Engaged in the development, manufacture and distribution of science-based nutritional health and skin care products in the United States including vitamins, skin-care products, and nutritional supplements; Provides contract manufacturing services
Subsidiary
FMG PRODUCTIONS
Advisor
PRICEWATERHOUSECOOPERS LLP
IPO date
5/30/1996
US SIC Code
2844
Company Address
3838, West Parkway Boulevard

City province or state postal code
84120, SALT LAKE CITY, UT
Phone: +1 801 954 7100
Fax: +1 801 954 7300
Country address: UNITED STATES OF AMERICA
Website url: www.usana.com