07 February 2008

Usana posts hefty sales

Salt Lake Tribune:
"After reporting the company's sixth year of record sales and earnings, Usana Health Sciences' chief financial officer said the company will be looking for opportunities that could result from the deteriorating U.S. economy.
The company said Wednesday that sales for its fiscal year ended Dec. 29 reached $423.1 million, a 15.9 percent increase from sales of $365.2 million posted in its previous fiscal year.
Earnings per share for the year from continuing operations increased by 18.7 percent, to $2.67, compared with $2.25 per share for fiscal 2006.
'We continue to believe that our home-based business model offers us flexibility in both up and down markets,' CFO Gilbert Fuller said in a conference call with securities analysts."

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