USANA Health Expands with Hiya Health Acquisition

USANA Health ( (USNA) ) has shared an update.

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.