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, Incorporated announced its fourth quarter and full year 2023 financial highlights, reporting fourth quarter 2023 net sales of $32.7 million, a 4.7% decrease from Q4 2022. Gross profit during the quarter improved 6.4% year over year, which was aided by reduced supply chain shipping costs.

Mannatech, Incorporated announced its third quarter 2023 financial results, reporting net sales of $32.6 million, an 8.3% decrease from $35.5 million in the same quarter last year.

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.