Usana Health Sciences Inc. is reporting sales during the fourth quarter of its 2011 fiscal year increased 6.1 percent to $145.9 million, compared with $137.5 million in the same period of the prior year.
The Salt Lake City-based multilevel marketing company whose distributors sell vitamins and nutritional products said sales growth was driven by activity in its Asia Pacific region and was partially offset by a continued decline in sales throughout North America.
 |
Join the Discussion |
 |
Post a Comment |
"Our Asia Pacific region continues to drive our growth," Dave Wentz, Usana’s CEO said in a statement. "With strong growth in emerging markets such as the Philippines, South Korea and China, along with our addition of Thailand in the first quarter of 2012, we are optimistic about the future."
Usana’s earnings for the fourth quarter increased by 6.2 percent to $13.2 million, or 87 cents per share.
For its fiscal year ended Dec. 31, 2011, Usana reported sales increased by 12.4 percent to $581.9 million, compared with $517.6 million in the prior year.
Earnings for the year rose by 11 percent to $50.8 million, or $3.26 per share, compared with $2.86 per share in fiscal 2010.
Copyright 2012 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
