USANA Health ( (USNA) ) has shared an update.
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USANA Health Sciences, Inc. has acquired a 78.8% controlling stake in Hiya Health Products, LLC, an emerging leader in the children’s health and wellness market, for $205 million. This acquisition is expected to broaden USANA’s reach into the direct-to-consumer channel and enhance its financial profile by leveraging Hiya’s subscription model, which is anticipated to contribute to sustainable long-term growth and stakeholder value.
More about USANA Health
USANA Health Sciences, Inc. operates in the health and wellness industry, focusing primarily on producing high-quality nutritional supplements and personal care products. Its market focus includes direct-to-consumer sales channels, aiming to improve the health and wellness of families globally.
YTD Price Performance: -37.72%
Average Trading Volume: 96,562
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $636.2M
For a thorough assessment of USNA stock, go to TipRanks’ Stock Analysis page.
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