Welcome to our dedicated page for Mannatech news (Ticker: MTEX), a resource for investors and traders seeking the latest updates and insights on Mannatech stock.
The Mannatech, Incorporated (NASDAQ: MTEX) news page on Stock Titan aggregates the company’s latest announcements, earnings releases, and corporate updates. Mannatech describes itself as a global health and wellness company focused on nutritional supplements, topical and skin care and anti-aging products, and weight-management products distributed through a worldwide network of independent associates and preferred customers.
Investors and followers of MTEX can use this news feed to review quarterly and annual financial results, including net sales, regional performance across the Americas, Asia/Pacific, and EMEA, gross profit trends, commission and selling expense levels, and income from operations. Mannatech also regularly discusses non-GAAP Constant dollar measures that adjust for foreign currency translation, giving additional context on underlying business trends.
Beyond earnings, Mannatech’s news includes governance and leadership developments, such as board appointments, executive promotions or resignations, and outcomes of the annual shareholders’ meeting, including director elections and advisory votes on executive compensation. The company also issues releases highlighting marketing initiatives and brand stories, such as documentaries and testimonials related to its glycan-based nutritional products.
Because Mannatech operates in multiple international markets and uses a direct selling model, its news often addresses topics like associate and preferred customer counts, recruiting trends, economic conditions in key regions, and the impact of trade policies and tariffs on its cost structure. Bookmark this page to quickly access new MTEX press releases, financial commentary, and other official communications as they are reported.
Mannatech, a global health and wellness company, reported fourth quarter 2020 net sales of $39.2 million, down 0.5% from $39.4 million in Q4 2019. Net income decreased to $0.7 million, or $0.34 per diluted share, from $2.1 million, or $0.87 per diluted share, a year earlier. Gross profit margin fell to 73.3%. For the year, net sales declined 4.0% to $143.3 million, while net income increased to $6.3 million. Notably, selling and administrative expenses decreased by 9.7% to $27.8 million. The company returned $9.3 million to shareholders through dividends and stock repurchases.
Mannatech, Incorporated (NASDAQ: MTEX) has declared a cash dividend of $0.16 per share, payable on March 30, 2021, to shareholders of record by March 16, 2021. This dividend reflects the company's commitment to shareholder value and encourages long-term investment. President and CEO Alfredo Bala emphasized the company's dedication to delivering value to shareholders. Mannatech operates in 25 markets worldwide, focusing on health, wellness, fitness, and skincare products.
Mannatech, a global health and wellness company, has declared a cash dividend of $1.16 per share of common stock, scheduled for payment on December 30, 2020. This amount includes a quarterly dividend of $0.16 and a special dividend of $1.00, reflecting the company's commitment to rewarding its shareholders. Shareholders of record as of December 16, 2020 will be eligible for this payment, emphasizing Mannatech's focus on encouraging long-term investment in its stock.
Mannatech, Incorporated (NASDAQ: MTEX) reported Q3 2020 net sales of $38.0 million, down 4.3% from $39.7 million in Q3 2019. However, income from operations rose to $1.4 million from $0.6 million year-over-year. Net income improved to $1.6 million, or $0.76 per diluted share, compared to a net loss of $1.5 million, or $0.62 per diluted share in the previous year. Gross profit margin decreased to 75.4% from 80.6%. Selling and administrative expenses also dropped by $2.3 million, primarily due to lower payroll and marketing costs. Recruitment increased by 13.7% from last year.