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Stock impact report

Personal Care Stocks Q3 Results: Benchmarking USANA (NYSE:USNA) [Yahoo! Finance]

USANA Health Sciences, Inc. (USNA) 
Last usana health sciences, inc. earnings: 4/21 04:00 pm Check Earnings Report
Company Research Source: Yahoo! Finance
While personal care products products may seem more discretionary than food, consumers tend to maintain or even boost their spending on the category during tough times. This phenomenon is known as "the lipstick effect" by economists, which states that consumers still want some semblance of affordable luxuries like beauty and wellness when the economy is sputtering. Consumer tastes are constantly changing, and personal care companies are currently responding to the public's increased desire for ethically produced goods by featuring natural ingredients in their products. The 12 personal care stocks we track reported a strong Q3. As a group, revenues were in line with analysts' consensus estimates while next quarter's revenue guidance was 1.2% above. In light of this news, share prices of the companies have held steady as they are up 3.9% on average since the latest earnings results. Going to market with a direct selling model rather than through traditional retailers, USANA Healt Show less Read more
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