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Usana raises FY23 EPS guidance to $2.40-$3.30 from $2.35-$3.30
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Usana raises FY23 EPS guidance to $2.40-$3.30 from $2.35-$3.30

Raises FY23 revenue view to $875M-$950M from $850M-$950M. Doug Hekking, Chief Financial Officer said, "We are raising the lower end of our guidance range for both net sales and earnings per share as a result of the performance in the first quarter. Sales during the first few weeks of the quarter benefited by approximately $12 million due to higher demand for several of our health products in China as well as an estimated $13 million in customer purchasing activity ahead of announced price increases. Furthermore, our fiscal 2023 outlook continues to reflect a wider range due to the continued uncertainty surrounding the operating and geopolitical environment around the world."

Published first on TheFly

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