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- Goodwill Impairment (new) — the Company recorded a non-cash goodwill impairment charge of $29.1 million during second quarter of 2026.
USANA swung to a net loss of $28.0M in the fiscal second quarter, including a $29.1M non-cash goodwill impairment charge in its Hiya segment.
Filed August 13, 2026 · Period ending July 4, 2026 · Compared to 10-Q Aug 5, 2025 · ~1 min read
Key Changes
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The company recorded a non-cash goodwill impairment charge of $29.1M in the Hiya segment, which the company attributes to current lower-than-expected performance and changes in the near-term forecast.
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Net sales fell 5.3% to $223.3M, with Core Nutritional down 4.0% and Hiya down 16.7%, while Rise grew 40.3%.
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Income tax expense was $9.1M despite a pretax loss of $18.9M, driven by the goodwill impairment and a higher share of taxable income from China.
1 more material change behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Figures/quotes linked to EDGAR · Narrative written by AI · Oct 5, 2026 · How we verify