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4-Traders Homepage  >  Equities  >  Nyse  >  USANA Health Sciences, Inc.    USNA

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USANA : Announces Plans To Expand In Four European Countries

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08/18/2017 | 02:11pm CEST

SALT LAKE CITY, Aug. 18, 2017 /PRNewswire/ -- The direct selling industry is booming and USANA is no exception. The Cellular Nutrition Company announced today that it will be expanding in four European countries beginning mid-year 2018. The new markets--Romania, Germany, Italy, and Spain--will increase USANA's global footprint from 20 to 24 markets worldwide.

"Further expansion of USANA in Europe broadens our international reach, and we couldn't be more excited," said USANA CEO, Kevin Guest. "This expansion is a great way for us to impact the health of even more individuals in Europe, which is in-line with our ultimate goal of creating the healthiest family on earth."

These new European markets will be supported by both in-country Field Development Managers and by USANA's European headquarters in Paris, France. Currently, all four markets are open to Preferred Customers.

ABOUT THE MARKETS

Romania

    --  Romania is a very entrepreneurial population that is hungry for
        opportunity
    --  According to the World Economic Forum, Romania is the second-fastest
        growing economy in Europe
    --  Large Romanian populations live in Italy, Spain, Germany, United States,
        Canada, and France

Germany

    --  Germany is the fourth-largest direct selling market in world, according
        to Direct Selling News (DSN)
    --  According to DSN, the direct selling industry in Germany has grown at a
        5.2 percent compound annual growth rate (CAGR) over the last three years
    --  Germany is ranked top 10 most health-conscious countries in world,
        according to US News

Italy

    --  Italy is the 12(th)-largest direct selling market in the world,
        according to DSN
    --  According to DSN, direct selling in Italy has grown at a 4.7 percent
        CAGR over the last three years
    --  According to the International Monetary Fund, Italy has the
        fourth-largest economy in Europe

Spain

    --  Spain has one of the highest unemployment rates in the world, third
        highest according to Forbes (2015)
    --  According to the World Tourism Organization, Spain is the third-most
        visited country in the world

For more information about USANA, visit www.usana.com.

About USANA
Founded in 1992, USANA (NYSE: USNA) is a U.S.-based nutritional company that manufactures high-quality supplements, personal care and healthy food products in its state-of-the-art facility in Salt Lake City. Learn more about USANA by visiting http://www.askthescientists.com or the official USANA blog http://whatsupusana.com.


    USANA                      Media Contact: Ashley Collins

    International Headquarters VP Marketing & Public Relations

    www.usana.com              (801) 954-7629

                               media(at)us.usana(dot)com

View original content with multimedia:http://www.prnewswire.com/news-releases/usana-announces-plans-to-expand-in-four-european-countries-300506416.html

SOURCE USANA

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Financials ($)
Sales 2017 1 031 M
EBIT 2017 141 M
Net income 2017 93,0 M
Debt 2017 -
Yield 2017 -
P/E ratio 2017 14,96
P/E ratio 2018 13,01
Capi. / Sales 2017 1,33x
Capi. / Sales 2018 1,26x
Capitalization 1 368 M
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USANA Health Sciences, Inc Technical Analysis Chart | USNA | US90328M1071 | 4-Traders
Technical analysis trends USANA HEALTH SCIENCES, INC
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TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
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Mean consensus BUY
Number of Analysts 2
Average target price 70,5 $
Spread / Average Target 26%
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Managers
NameTitle
Kevin G. Guest Chief Executive Officer & Director
Jim Brown President & Chief Operating Officer
Myron W. Wentz Chairman
G. Douglas Hekking Chief Financial Officer
Robert Andrew Sinnott Chief Scientific Officer
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