BusinessWeek, a premier business publication, issued a special report on June 7, 2004 entitled "Hot Growth Companies, The 100 Best Small Companies." USANA Health Sciences was #9 on that list.
According to BusinessWeek "To compile (the) annual "Hot Growth" list, BusinessWeek analyzes a broad universe of publicly traded companies with revenues ranging from $50 million a year to as much as $1.5 billion. Those companies are then ranked by sales, earnings growth and return on capital over a three-year period. Companies must also have a market capitalization of at least $25 million and a stock price of at least $5. Companies who have suffered recent earnings slides or whose stock has underperformed the S&P 500 Industrial Composite Index are eliminated. The top 100 contenders make the final cut."
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Brett A. Blake, Vice President of Marketing for USANA noted, "You can imagine, we are in good company. This list includes well-known companies such as JetBlue Airways (#59), K-Swiss (#15), Tuesday Morning (#27), Quicksilver (#99), The Cheesecake Factory (#92), JoS. A. Bank Clothiers (#83), Fossil (#74), J.M. Smucker (#70), Applebee's International (#58) and many other familiar brands."
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Blake, observing that this success was due to the hard work of USANA Associates worldwide added, "Congratulations to the entire USANA family! This is an outstanding recognition and something for all of us to celebrate. This recognition is evidence that working together„othe field and the home office„owe can achieve Dr. Wentz's vision of a 'world free from pain and suffering.' Given the breadth of that vision, it's clear that we are far from the finish line, but a quick call to almost any field leader will tell you that we've just begun to hit our stride."
"Some companies grow through 30-second advertising campaigns, others from huge contracts with government, and some through millions of dollars in real estate spread throughout the world," added Mr. Blake. "But USANA grows one conversation at a time, and only when someone has enough confidence in you and your good name to invest in the future. Thank you for the conversations and credibility you've contributed to make USANA one of BusinessWeek's top hot growth companies."
http://bwnt.businessweek.com/hot_growth/2004/index.asp>
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This message has been edited by jparis on Mar 28, 2005 9:07 PM
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