The group led by Usana founder and CEO Myron Wentz said Monday it was pressing ahead with its offer after viewing the company's preliminary second-quarter financial results released last week.

"Usana's earnings guidance further solidifies (the group's) confidence that the financial conditions related to the previously arranged financing for the transaction will be satisfied," Gull Holdings Ltd. and Unity Acquisition Corp. said in a statement.

On Wednesday, Salt Lake City-based Usana said it expects earnings per share to be between 60 cents and 63 cents when it reports second-quarter results next month.

Sales are expected to fall between $107 million and $109 million, Usana said.

The group led by Wentz said while preliminary earnings per share will be lower than second-quarter 2007 results, preliminary net sales will be above last year.

"I am pleased to see the company's revenue stabilize, given the challenging business environment and the continuing third-party allegations affecting public companies within the direct-selling industry," Wentz said in a statement.