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USNA > SEC Filings for USNA > Form 8-K on 29-Nov-2012All Recent SEC Filings

Show all filings for USANA HEALTH SCIENCES INC

Form 8-K for USANA HEALTH SCIENCES INC


29-Nov-2012

Regulation FD Disclosure


Item 7.01 Regulation FD Disclosure.

USANA Health Sciences, Inc. (the "Company") issued the following statements in response to speculation and allegations related to its business in China.

"USANA's business in China is that of BabyCare, Ltd ("BabyCare"), a direct selling company organized under the laws of China. BabyCare has been granted a license to conduct direct selling in China and has a long history of doing business in China. Additionally, the Chinese government has regularly reviewed our business activities in China. We are confident that our operations in China, through BabyCare, are in compliance with applicable regulations, as those regulations have been interpreted and enforced by the government of China.

USANA's and BabyCare's policies each require that distributors comply with applicable laws and regulations. We believe that distributor compliance is critical to the integrity of our business, and, therefore, we are aggressive in ensuring that our distributors comply with our policies. We actively educate and train our distributors on our policies and procedures. Any distributor who fails to adhere to our policies is subject to disciplinary action, which may include, without limitation, warnings, fines, probation and, in more serious cases, termination of the distributor's purchase and distribution rights."

The information in this Current Report is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information in this Current Report shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended. The furnishing of the information in this Current Report is not intended to, and does not, constitute a representation that such furnishing is required by Regulation FD or that the information this Current Report contains is material investor information that is not otherwise publicly available.


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