Usana Health Sciences Inc. is breaking away from its direct-selling peers in the U.S. stock market, just as Nu Skin Enterprises Inc. did around this time last year.
The CHART OF THE DAY displays the stock performance of Usana, Nu Skin and Herbalife Ltd. since Bill Ackman, founder of Pershing Square Capital Management LP, first called Herbalife a pyramid scheme and disclosed he was betting against the company in 2012. All three stocks rose during this period.
Usana became the group’s pacesetter in August. The rally accelerated yesterday after the Salt Lake City-based company reported third-quarter sales and earnings that exceeded the average analyst projection in a Bloomberg survey.