Mannatech
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…
Read MoreA Lifetime Of Lessons
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…
Read MoreQ1 Results: Mannatech Down 8%; Oriflame Down 6%
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…
Read MoreDSN Announces the 2019 Global 100!
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…
Read MoreMannatech Sales Down 1.8% for 2018
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,…
Read MoreMannatech Celebrates 25 Years
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…
Read MoreMannatech Employees Assemble 55,000 Meals for Malnourished Children
Employees of Mannatech, Incorporated recently assembled over 55,000 meals for malnourished children around the world. Working with Mission 5 Million (M5M) and Kids Around the World, employees gathered at the company’s headquarters in Flower Mound, Texas, to assemble the meals. Each meal packet contains six servings, and includes a mixture of lentils, rice, carrots, onions, tomatoes, celery, white cabbage, bell peppers,…
Read MoreMannatech: Sound Science Yields Value & Growth
Throughout its history, Mannatech has founded its success on rock solid science and is now poised for robust growth. Since its founding in 1994, Mannatech, Inc. has made a name for itself through product innovation and a commitment to sound science. Indeed, when you walk into the company’s headquarters in Flower Mound, Texas, the first…
Read MorePublic Companies Faring Well Through First 3 Quarters of 2018
U.S public direct selling companies are enjoying a profitable year through the first nine months of 2018. Four billion-dollar companies—Herbalife Nutrition (up 11%), Nu Skin (up 23.7%), Primerica (up 13%) and USANA (up 14.9%)—are on track to surpass net sales from 2017. The other billion-dollar US company, Tupperware, is experiencing lower than usual sales for…
Read MoreMannatech Q3 2018 Sales Up 2.4%
Mannatech, Incorporated (NASDAQ: MTEX) announced financial results for its third quarter of 2018. Net sales were $43.0 million, an increase of $1.0 million, or 2.4 percent, as compared to $42.0 million in the third quarter of 2017. For the three-month period ended September 30, 2018, net sales increased 2.9 percent on a constant dollar basis as compared to the same period in…
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