Wednesday’s Worst Stocks in the World

by louabbott on February 7, 2008

The Motley Fool – Published February 7, 2008

We begin with USANA Health Sciences. Though it’s no longer involved in an unseemly informal SEC inquiry, the company reported a 5% sequential decline in the number of associates selling its nutrition supplements in the U.S.

Here’s why that matters. First, USANA is a network marketer; its “associates” are entrepreneurs who act both as salespeople and recruiters. Growth depends on building the network.

Second, more than 38% of USANA’s revenue derives from the U.S., which reported a year-over-year decline. So did Singapore and South Korea. Ouch.

Read the entire article at The Motley Fool

Also, read our company overview: Usana Facts, News and Review

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