Direct selling stocks continue to outperform the Dow Jones Industrial Average (DJIA) amid the current pandemic environment*. Insights from investment banking and business development firm Transformation Capital show that both large-cap and small-cap direct selling stocks have continued to exceed financial expectations since early March, when the coronavirus began to have an economic impact on…

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Direct Selling Australia announced winners of the 2020 DSA Industry Awards at the first-ever virtual ceremony, attended by industry leaders and peers. The awards recognize the achievements of member companies that are transforming the lives of those seeking flexible and meaningful ways to earn an income. “The awards aim to empower independent direct sellers, fuel…

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Mannatech Q3 2019

Mannatech has published a website detailing the science behind its products and the history of its 26 years in the direct selling health and wellness arena. The company that pioneered Glyconutrition gained tremendous growth and worldwide acclaim for its products containing Acemannan, extracted from the aloe vera plant, in the mid-1990s. However, during the past…

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Mannatech Q3 2019

Mannatech, Incorporated (NASDAQ: MTEX) announced net sales of $39.7 million for the third quarter of 2019. The net sales reflected a decrease of $3.4 million, or 7.8 percent, as compared to $43.0 million in the third quarter of 2018. For the three months ended September 30, 2019, net sales declined 4.9 percent on a constant dollar basis…

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Mannatech Q3 2019

Mannatech, Incorporated (NASDAQ: MTEX) announced net sales of $40.7 million for the second quarter ended June 30, 2019. The $40.7 million was a decrease of $4.4 million, or 9.8 percent, as compared to $45.1 million in the second quarter of 2018. For the three months ended June 30, 2019, net sales declined 5.5 percent on a constant…

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DSA Canada

The Direct Sellers Association of Canada recently announced the appointment of five new members to its Board of Directors. The newly appointed directors are: Darla Brown – General Manager Canada, Plexus Worldwide Jackie McClements – Vice President and General Manager, Monat Global Canada Sona van der Hoop – Senior Director North American Sales, Mannatech Marcia…

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J. Stanley Fredrick

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…

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first quarter

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…

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Mannatech Sales Down

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,…

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Building Brand Reputation

A recent study on reputation building by The Reputation Institute revealed six key things successful companies do consistently. The common thread? They take control of their brand and shape their message. Here are the six key factors the study revealed: 1. Proactively Telling Their Story and Defining Their Own Corporate Narrative. The word “culture” is…

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