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.
Mannatech, Incorporated announced its third quarter financial report, revealing 3.9% growth in net sales, totaling $39.4 million.
More than 30 speakers shared tangible action plans for how the industry’s leaders can continue to grow and adapt in the face of this year’s enduring challenges.
The Board of Directors for Mannatech, Incorporated has approved a share repurchase program to acquire up to $1 million of its outstanding common stock. The authorized repurchases will be made in the open market, through block trades or in privately negotiated transactions and will be at the discretion of the management. This repurchase program will end […]
Mannatech, Incorporated’s Board of Directors announced the declaration of a cash dividend of $0.20 per share of common stock. This dividend will be payable on Wednesday, September 29, 2021 to shareholders of record at the close of business on Wednesday, September 15, 2021. “Mannatech is fully committed to delivering value to our shareholders,” said Al […]
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