Mannatech, Incorporated announced its financial results for the fourth quarter and year-end results for 2024. Net sales for the quarter totaled $29 million, an 11.3% decrease from $32.7 million in the same quarter of 2023.
Mannatech, Incorporated announced its third quarter financial results for 2024. Net sales declined 2.5% year-over-year to $31.7 million, which the company said was primarily due to a slowing demand in Asia as a result of weakened economic conditions.
Direct selling University’s Fall Event (DSU) was a landmark gathering for the direct selling industry. Hundreds of executives from over 120 different direct selling companies attended, and the event was a remarkable showcase of cutting-edge insights, invaluable networking opportunities and actionable strategies.
Mannatech, Incorporated announced its financial results for the second quarter of 2024, reporting a 14.9% decline in net sales, a decrease of $4.9 million year over year, to $27.7 million. Gross profit as a percentage of net sales decreased to 77.1%, compared to 78.5% in the same quarter of 2023.
This year, a number of leading direct selling companies have announced their departure from the network marketing model, including most recently Rodan + Fields and Seint. This has unsurprisingly led to significant and widespread backlash from distributors in the field who feel left behind by a culture and business they helped build. Many direct selling […]
Mannatech, Incorporated announced an increase in its gross profit as a percentage of net sales, equaling 78.6%, compared to 78.3% in the first quarter of 2023. Net sales for the quarter were $29.4 million, representing a 13.8% year-over-year decline.
Mannatech, Incorporated announced the next phase of its ASEAN region expansion efforts with its launch into the Thailand market. The official launch is scheduled for mid-June, but the soft opening will allow registration of new Mannatech Associates and the launch of its K-Beauty line.
Mannatech announced a new partnership with Penny AI, a provider of data-driven social sales enablement solutions, to design and deliver a new digital-first platform for its sales force that connects revenue-driving activities with business insights.
After months of introspective corporate soul-searching and fundamental internal and external change, Mannatech—which does business in 26 global markets and has $5.2 billion in total revenues over 28 years—is experiencing a self-made renaissance.
Mannatech, a Coppell, Texas-based global health and wellness company, recently announced that it has promoted two senior members of its executive team—Landen Fredrick and Joel Bikman. Fredrick, who previously served as senior vice president of global operations, was promoted to chief global sales officer and president, North America. He will coordinate worldwide sales activity and […]