Mannatech, Incorporated announced its financial results for the second quarter of 2023, including net sales of $32.6 million, a 6.8% decrease from the same period last year. The company posted a net loss of $1.1 million, of $0.59 per diluted share, in the quarter, compared to a net income of $0.7 million, or $0.34 per […]
Many direct selling leaders have begun to consider integrating or launching an enhanced affiliate model as part of or in addition to their existing brands. In fact, in a recent Direct Selling News survey of 45 direct selling companies, more than two-thirds of participants (67 percent) said they were at least considering how they could adapt and incorporate an enhanced affiliate model into their existing structure.
DSN recognizes—for the first time ever—a group of innovative trailblazers, whose contributions push their companies’ trajectories upward, while reshaping the direct selling channel for the rest of us. More than two dozen companies answered the call to nominate their most accomplished achievers under the age of 40, who exemplify the kind of leadership skills and innovation that best represents the future of the direct selling channel.
Mannatech, Incorporated released its first quarter financial results for 2023, posting $34.1 million in net sales, a 5.3% increase over the same time in 2022. Operating income during the period was $0.7 million, up from $0.1 million in the first quarter of last year, while net income was $0.6 million.
Mannatech, Incorporated announced the formation of a new subsidiary that will serve as the brand’s innovation hub. The company described this new subsidiary as “integral to Mannatech’s future,” but emphasized that while the two entities will collaborate, they will also operate separately.
Mannatech, Incorporated announced its fourth quarter 2022 financial results, reporting $34.3 million in net sales, a 13.2% decrease from the same quarter of 2021.
Mannatech, Inc. released its third quarter 2022 financial report, announcing $35.5 million in net sales during the quarter, a 10% decrease from the same period last year. Operating income for the quarter was $1.4 million, a significant decline from $3.3 million during the same period last year.
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.
Mannatech released its financial results for the second quarter of 2022, including a 17.7% decrease in net sales, totaling $35 million. The company pointed to global supply chain constraints, particularly an ingredient used in its core products, as a major influencer of this decline.
Mannatech’s Mexican subsidiary, Mtex Mexico S. De R.L. de C.V., was recently approved as an active member of the Mexican Direct Selling Association A.C. (AMVD). The AMVD ensures that Mexican and foreign direct selling companies operating within the country do so with respect, transparency and healthy competition in their commercial operations. “We are honored to […]
Mannatech released its fourth quarter of 2021 financial results, revealing a slight increase over the previous quarter, totaling $39.5 million. Operating income in the fourth quarter was $1 million. This is a significant improvement over the same quarter of 2020, which saw an operating loss of $11,000. Net income in the fourth quarter of 2021 […]
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.