USANA Health Q4 Profit Rises - Quick Facts

(RTTNews) - USANA Health Sciences Inc. (USNA) reported fourth-quarter net income of $21.30 million or $1.65 per share, compared to $20.28 million or $1.41 per share, prior year. The increase was driven by higher net sales and improved gross margins, which was partially offset by higher operating expenses, the company said.

On average, three analysts polled by Thomson Reuters expected the company to report profit per share of $1.92 for the quarter. Analysts' estimates typically exclude special items.

Net sales increased to $227.87 million from $186.27 million last year. Analysts expected revenue of $218.75 million for the quarter. The company noted that the fourth quarter of 2014 was a 14-week quarter as compared to a typical 13-week quarter in the prior year period. The company estimates that the extra week contributed approximately $16 million to net sales for the quarter.

For 2015, the company expects: consolidated net sales between $850 million and $870 million; and earnings per share between $6.40 and $6.70. Analysts expect the company to report fiscal 2015 earnings per share of $6.73 on revenue of $823.55 million.