Source: Forbes 3/29/2008

USANA Shares Plunge on Guidance Cut

Shares of Usana Health Sciences Inc. plummeted following the nutritional and weight management product makers' move to cut its first-quarter guidance.

The stock fell to $18.25 early in the trading session, its lowest point in nearly five years. Shares fell 20.8 percent, or $5.60, to close at $21.34.

Late Thursday, the company said its initial first-quarter and full-year profit expectations would fall short because of lower sales in North America. It expects profit between 44 cents and 46 cents per share on revenue of about $100 million. In February, the company said it expected profit between 63 cents and 66 cents per share on revenue between $105 million and $109 million.

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