Solid Fourth Quarter Results
Net sales grew 7% sequentially, and adjusted diluted EPS increased 14%. Notably strong performance in the United States where net sales grew 16% sequentially, as well as in Australia and New Zealand with a 9% year-over-year increase.
Strategic Acquisition of Hyatt
USANA acquired a 78.8% ownership stake in Hyatt for $405 million, positioning itself as a leader in the children's health and wellness market. Hyatt generated $112 million in revenue with an adjusted EBITDA margin over 20% in fiscal 2024.
Exciting Outlook for 2025
Plans for over 20 product launches and reformulations globally. Strategic enhancements to the associate incentive offering and an enhanced brand message are expected to drive customer growth.
Hyatt's Growth Expectations
Hyatt's top-line growth in 2025 is projected to be strong, with expectations to derive significant growth year over year, exceeding initial estimates of 30% growth.