Recent Stories

Court Upholds Huge Damages Verdict Against ViSalus
August 20, 2020 -- A federal judge recently upheld a $925 million judgement determined by a jury in April 2019 in a clas...8/20/2020

Kristi Hubbard Appointed Younique President
LEHI, Utah, July 8, 2020 -- Kristi Hubbard, a direct-selling executive leader with a strong record of success, has been ...7/10/2020

FTC Sends Warning Letters About False Health Claims
April 24, 2020 - The Federal Trade Commission sent letters warning 10 MLM companies to stop making claims about their pr...4/29/2020

Altair Acquisitions Acquires Wildtree
FRISCO, Texas, April 27, 2020 -- Altair Acquisitions, LLC ("Altair") announced today that it has acquired all of the mat...4/29/2020

Pampered Chef Partners with the American Cancer Society to Support Front-Line Workers
Pampered Chef and the American Cancer Society have announced they are partnering to support free temporary housing for f...4/29/2020

Source: Marketwire 3/16/2007

Mannatech Inc. Reports Record Fourth Quarter Sales

COPPELL, TX -- (MARKET WIRE) -- 03/15/07 -- Mannatech, Inc. (NASDAQ: MTEX) today reported record sales for its fourth quarter 2006 of $106.8 million, up 5.3% compared to the same quarter in 2005. Earnings per share decreased 11.8% to $0.30 per diluted share compared to fourth quarter 2005 earnings of $0.34 per diluted share, as the result of a significant investment in the global launch of two major proprietary products. Net income for the quarter was $8.2 million with a net profit to net sales ratio of 7.7% compared to net income of $9.4 million with a net profit to net sales ratio of 9.3% for the same quarter of 2005. Pretax profit was $12.2 million, down 19.0% from prior year's fourth quarter of $15.1 million.

View Mannatech Review

Related News

Mannatech Promotes Two Members of Executive Team

January 15, 2018 COPPELL, Texas--Mannatech, Incorporated promoted and added new responsibilities to a pair of senior members of its executive team, Landen Fredrick and Joel Bikman.

Fredrick, previously the Senior Vice President of Global Operations, was promoted to Chief Global Sales Officer ... Read More...

Mannatech Offers 10K Prize for Fat Loss Challenge Winner

COPPELL, Texas--Mannatech, Incorporated, a global health and wellness company committed to transforming lives to make a better world, will provide a $10,000 cash Grand Prize to its 'Most Transformed' contestant in this year's Transformation Challenge.

More than a simple weight-loss challenge,... Read More...

Mannatech Creates Global Scientific Advisory Board

April 28, 2016 -- Texas-based Mannatech, a global health and wellness company, has assembled a global scientific advisory board to provide support for the development and review of its products.

The firm has appointed nine third-party scientists to the advisory board who will be tasked with d... Read More...

Mannatech Million Dollar Club Grows to 200 Associates

COPPELL, Texas, Jul 16, 2015 -- Mannatech, Incorporated, the founder of the M5MSM (Mission 5 MillionSM) social entrepreneurial movement, and pioneer of nutritional glycobiology-based supplements and skincare, has announced its Million Dollar Club has grown to 200 individuals.* The Mannatech Million ... Read More...