USANA Health Sciences Reports First Quarter Earnings and Increases Annual Outlook

USANA Health Sciences (USNA) reported its first-quarter financial performance on April 24. Diluted earnings per share increased by 38.4% to $1.19 per share. The company also increased its earnings guidance for 2018. USANA increased its net sales estimates from between $1.11 billion and $1.16 billion to between $1.13 billion and $1.17 billion. Earnings per share estimates increased from between  $4.05 and $4.45 to between $4.25 and $4.55.

 

Sonal sent an alert to subscribers at 4:17 pm. The next trade was for $97 at 4:27 pm. The stock opened for regular market trading the next morning at $100.25. The stock price quickly spiked higher after the open and closed for the day at $106.85.

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