Mannatech Down 3.6% in Q1 2020

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 were approximately 166,000 and 203,000, respectively.

According to the company, as the novel coronavirus spread into its markets, recruiting decreased 8.2 percent in the first quarter of 2020 as compared to the first quarter of 2019. The number of new independent associate and preferred customer positions in the company’s network for the first quarter of 2020 was approximately 18,687 as compared to 20,363 in 2019.

To read the Mannatech Q1 2020 financial report, click here.

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