Mannatech First Quarter Sales Fall 9.6 Percent on Weak Asia Demand; Swings to 1.5 Million Loss
FLOWER MOUND, Texas, May 13, 2025 --
Mannatech reported first-quarter 2025 net sales of 26.6 million dollars, down 9.6 percent from 29.4 million dollars a year earlier, or 5.4 percent on a constant dollar basis, driven by weaker demand in Asia.
Gross margin narrowed to 74.3 percent from 78.6 percent. The company posted an operating loss of 0.8 million dollars and a net loss of 1.5 million dollars, or 0.80 dollars per share, compared with net income of 1.2 million dollars a year earlier.
Active independent associate and member positions fell to about 129,000 from about 143,000, and recruiting declined 13.9 percent. Cash fell to 9.3 million dollars from 11.4 million dollars at the end of 2024. The company also cited potential tariffs as a risk to its business.
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