By Adam L. Cataldo
Shares of USANA Health Sciences declined following the market's close after the company lowered its guidance for consolidated net sales and earnings per share this year.
The stock slipped 6.4%, to $43, and ended the market session down less than 1%, to close at $45.96. For the year, shares are off by 14%.
USANA now sees sales of $850 million to $880 million, compared with $850 million to $920 million previously. It expects earnings per share of $2.40 to $2.55, down from $2.40 to $3.00.
Salt Lake City-based USANA is a manufacturer nutritional supplements, functional foods and personal-care products.
Write to Adam L. Cataldo at adam.cataldo@wsj.com
(END) Dow Jones Newswires
July 23, 2024 18:52 ET (22:52 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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