MLM News Weblog 
Auditor for Vitamin Maker USANA Quits
MLM, Network Marketing and Home Based Business News
 Npros.com | New Companies | Home Based Business Directory | Rep Listings | MLM Leads | Classifieds







Auditor for Vitamin Maker USANA Quits

Source: Houston Chronicle

"SALT LAKE CITY — The accounting firm for embattled Utah vitamin maker USANA Health Sciences Inc. has resigned, and the company insisted Tuesday that no disagreement led to the departure.

That would be unusual, corporate watchdogs say. A Securities and Exchange Commission filing hints at a dustup over publicized findings by an independent fraud investigator, but USANA maintains it patched that up with accountants Grant Thornton LLP before the firm's departure.

USANA disclosed late Monday that Grant Thornton had resigned July 10 _ then followed up two minutes later with an unexpected early announcement of record quarterly sales.

USANA said it expects to post a second-quarter profit of 66 cents a share on $109.4 million in revenue, beating analysts' expectations on both counts. Analysts polled by Thomson Financial expected a profit of 63 cents per share on $104.2 million in revenue."

USANA  Company Profile

Link: Auditor for Vitamin Maker USANA Quits

 

Share This Article

Delicious Del.icio.us  reddit Stumbleupon StumbleUpon
 Digg   FURL technocrati Technorati



Related News

USANA Unveils Million Dollar Club Walk of Fame
Posted 9/16/2008
USANA to Market Energy Drinks
Posted 8/29/2008
Usana to Enter Philippine Personal Care Market
Posted 9/16/2008
USANA to Hold 16th Annual Convention in SLC
Posted 8/21/2008
USANA Honored with Best of State Awards
Posted 6/5/2008
USANA Regional Event to Feature MLM Training
Posted 6/2/2008
USANA Teams up with Pachuca Soccer Club
Posted 5/27/2008
USANA board forms panel to evaluate buyout offer
Posted 5/27/2008
USANA ordered to pay for SLAPP violation
Posted 5/13/2008

 

Npros Weblog
MLM, Network Marketing and Business Opportunity News

Weblog Archive

Work at Home
Directory Project


Receive the Npros.com XML/RSS news and
new company feed

Recent News: