Mannatech, Incorporated announced first quarter 2020 net sales of $36.6 million, a decrease of $1.4 million, or 3.6 percent, as compared to $38.0 million in the first quarter of 2019. The approximate number of new and continuing independent associate and preferred customer positions held by individuals in Mannatech’s network and associated with purchases of products as of March 31, 2020 and 2019…

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Mannatech Q3 2019

Mannatech has published a website detailing the science behind its products and the history of its 26 years in the direct selling health and wellness arena. The company that pioneered Glyconutrition gained tremendous growth and worldwide acclaim for its products containing Acemannan, extracted from the aloe vera plant, in the mid-1990s. However, during the past…

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Mannatech Q3 2019

Mannatech, Incorporated (NASDAQ: MTEX) announced net sales of $39.7 million for the third quarter of 2019. The net sales reflected a decrease of $3.4 million, or 7.8 percent, as compared to $43.0 million in the third quarter of 2018. For the three months ended September 30, 2019, net sales declined 4.9 percent on a constant dollar basis…

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Mannatech Q3 2019

Mannatech, Incorporated (NASDAQ: MTEX) announced net sales of $40.7 million for the second quarter ended June 30, 2019. The $40.7 million was a decrease of $4.4 million, or 9.8 percent, as compared to $45.1 million in the second quarter of 2018. For the three months ended June 30, 2019, net sales declined 5.5 percent on a constant…

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Global 100 Celebration

Executives, guests join DSN to honor channel’s best at 10th anniversary Global 100 celebration. The annual DSN Global 100 Celebration recognizes the direct selling channel’s proud history of providing individuals from all walks of life with unparalleled opportunities for entrepreneurship and personal development. The event also showcases the impact and growth potential of the $189.6…

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J. Stanley Fredrick

J. Stanley Fredrick says his secret to his success was being lucky enough to find the direct selling industry. “As a boy from a poor family, to get where I am today is almost unbelievable,” J. Stanley (Stan) Fredrick says. His secret? “I was lucky enough to find this industry.” The direct selling industry counts…

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first quarter

Flower Mound, Texas-based Mannatech, Incorporated (NASDAQ: MTEX) recently announced net sales of $38 million for the first quarter of 2019. The net sales represented a decrease of $3.4 million, or 8.2 percent, as compared to $41.4 million in the first quarter of 2018. Income from operations increased to $1.1 million for the first quarter 2019, from a loss of $0.9 million in the same period in…

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Global 100 Ranking

Direct Selling News tonight announced its Global 100 list of top direct selling companies in the world. Since 2004, DSN has been dedicated to telling stories focused on relating the opportunities direct sellers provide to millions of independent business owners around the globe. In 2009, the magazine thought it fitting to further recognize the industry by compiling the…

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Mannatech Sales Down

Mannatech, Incorporated (NASDAQ: MTEX) announced financial results for its fourth quarter and full year ending December 31, 2018. Fourth quarter net sales for 2018 were $44.0 million, a decrease of $2.3 million, or 5.0 percent, as compared to $46.3 million in the fourth quarter of 2017. For the full year, overall net sales were $173,558,000 a decrease of $3.1 million,…

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Mannatech Q3 2019

Mannatech, Incorporated is celebrating 25 years of operations with its independent sales associates at eight different MannaFest-type gatherings around the world. “Arriving at the 25-year mark is a big deal for any business, but especially for a direct sales company,” said Alfredo “Al” Bala, CEO and president of Mannatech. “Many companies have come and gone in the last…

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