Friday, February 20, 2009

USANAs Earnings Below Target

Source: TradingMarkets.com

"Usana Health Sciences' third-quarter profit skidded nearly 28 percent as the maker of nutritional supplements fought a shareholder bid led by former CEO Myron Wentz to take it private. Usana earned $8.1 million, or 50 cents a share, compared with net income of $11.3 million, or 68 cents per share, a year earlier. Analysts surveyed by Thomson had been expecting 60 cents per share.

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