September 06, 2017
USANA Makes List of Fastest Growing Utah Companies for 10th Consecutive Year
Global nutritional company USANA Health Sciences was recently honored for its inclusion in Utah Business Magazine’s Fast 50 list. This year marks the 10th consecutive time the Salt Lake City, Utah-based company has made the list of fastest growing companies in Utah. USANA ranked No. 49 on the list.
Utah Business Magazine determines the Fast 50 recipients based on a company’s most recent five-year revenue growth. USANA’s consistent growth over the years along with a historic 2016 were the driving force behind its place on the list.
USANA saw record net sales in 2016 totaling $1.006 billion—a 9.5 percent increase from 2015. In addition, 2016 became the 14th consecutive year of record sales, allowing USANA to reach the billion-dollar milestone.
“Being included on the Fast 50 list wouldn’t be possible without our excellent independent sales force, hard-working employees and innovative health products,” said Doug Hekking, USANA’s Chief Financial Officer. “Utah is home to so many highly successful companies that being included on this list is an honor.”
The Fast 50 highlights the companies in Utah that generate record revenue or expand at rapid speeds. The list is determined by Utah Business Magazine, Utah’s premier business news and information provider.