Mannatech Q3 Net Sales Down 4.3%

Flower Mound, Texas-based Mannatech, Incorporated announced financial results for its third quarter ended September 30, 2020.

Net sales were $38.0 million, a decrease of $1.7 million, or 4.3 percent, as compared to $39.7 million in the third 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 September 30, 2020 and 2019 were approximately 180,000 and 176,000, respectively. Recruitment increased 13.7 percent in the third quarter of 2020 as compared to the third quarter of 2019. The number of new independent associate and preferred customer positions in the company’s network for the third quarter of 2020 was approximately 25,388 as compared to 22,321 in 2019.

For the nine months ended September 30, 2020, Mannatech net sales were $112.2 million, a decrease of 5.1 percent from $118.3 million in 2019.

To view the full Mannatech Q3 report, click here.