USANA’s Q4 Results Cap A Year of Significant Achievements

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Mani
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USANA Health Sciences, Inc. (NYSE:USNA) reported solid fourth quarter results with 2013 marking its 11th consecutive year of record sales. USANA Health Sciences, Inc. (NYSE:USNA) manufactures, distributes and sells personal care products worldwide and reported a 10.5% increase in sales for the fourth quarter. USANA Fourth quarter earnings increased by 11% For the fourth quarter of 2013, USANA Health Sciences’ net sales increased by 10.5% to $186.3 million, against $168.5 million in the prior-year period. Propelled by higher net sales, lower relative selling, general and administrative expense and a lower effective tax rate, the company’s net earnings for the fourth…

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports