The chart below shows how USNA performed 10 days before and after its earnings report, based on data from the past quarters. Typically, USNA sees a -0.45% change in stock price 10 days leading up to the earnings, and a -0.29% change 10 days following the report. On the earnings day itself, the stock moves by -0.33%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
China Market Challenges: Our China market experienced a more challenging environment in the third quarter than what we experienced during the first six months of the year.
Active Customer Growth: We increased active customer counts by 7% year-over-year in this important market.
Successful Convention Feedback: We hosted a successful American-European Convention in Las Vegas, and this was one of the best conventions we've had in terms of feedback from our associates.
New Product Launch: We launched our first set of products under our new commercial team structure, Celavive Resurfacing Serum and a Whey Protein Isolate.
Fiscal 2024 Guidance Update: Our updated fiscal 2024 guidance incorporates these elements.
Negative
Sales Performance Challenges: Third quarter net sales fell modestly short of our internal expectations as the operating environment in many of our key markets remained challenging.
China Market Challenges: Our China market experienced a more challenging environment in the third quarter than what we experienced during the first six months of the year.
Sales Decline Despite Growth: Our net sales declined by 4% due to a decrease in average spend despite a 7% year-over-year increase in active customer counts in this important market.
Challenging Operating Environment Ahead: We anticipate a continued challenging operating environment through the remainder of the year.
Promotional Activity Impact: Although we increased promotional activity in the fourth quarter to support and build momentum in our business, we did not see meaningful results in our operating results.
USANA Health Sciences, Inc. (USNA) Q3 2024 Earnings Call Transcript
USNA.N
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