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.
Mannatech Incorporated (MTEX) provides science-backed wellness solutions through nutritional supplements and skincare products across global markets. This page serves as the definitive source for official company announcements and market-relevant developments.
Investors and industry observers will find curated press releases covering financial results, product innovations, regulatory updates, and leadership changes. All content is maintained to reflect MTEX's position in the competitive wellness sector and its direct-to-consumer business model.
Key updates include earnings reports, research advancements in natural health formulations, and strategic partnerships. Regular monitoring of this resource enables stakeholders to track operational milestones and market expansion efforts across the Americas, EMEA, and Asia/Pacific regions.
Bookmark this page for streamlined access to MTEX's evolving corporate narrative. Combine these primary sources with broader market data for informed analysis of this wellness industry innovator.
Mannatech, Incorporated (NASDAQ: MTEX) has launched Blue Water, a functional drink designed for hydration and immune support. Sourced from a sustainable deep-water volcanic aquifer and featuring 100% pure Aloe vera pulp, this drink aims to enhance hydration and promote skin health. It is vegan, gluten-free, and non-GMO, with zero carbon production. Mannatech emphasizes the product's unique sourcing method and health benefits, aligning with the wellness-focused lifestyle of its consumers.
Mannatech has launched a new product, Superfood Greens and Reds, to fill nutritional gaps for consumers. This dietary supplement combines 20 phytonutrients from green and red superfoods, offering benefits such as increased energy, endurance, and support for healthy cortisol levels. Introduced at the MannaFest Unite 2022 event on September 24, 2022, the product aims to assist the 6% of Americans who consume the recommended servings of fruits and vegetables. With a plant-based formula and a natural strawberry-kiwi flavor, it aims to enhance overall wellness.
Mannatech (NASDAQ: MTEX) has authorized a share repurchase program of up to $1.5 million of its outstanding common stock. The repurchase will occur in the open market or through block trades, with executions at management's discretion based on market conditions. This program starts on September 19, 2022, and concludes either on September 18, 2023 or upon reaching the purchase limit. Mannatech plans to finance these repurchases using available cash, aiming to enhance shareholder value.
Mannatech, Incorporated (NASDAQ: MTEX) announced a cash dividend of $0.20 per share, payable on September 28, 2022, to shareholders of record by September 14, 2022. This dividend reflects the company's commitment to rewarding its investors and promoting long-term investments. President and CEO Alfredo Bala emphasized that Mannatech is dedicated to delivering shareholder value. Operating for over 25 years in 25 markets, Mannatech focuses on health and wellness products delivered through a global network.
Mannatech, Incorporated (NASDAQ: MTEX) reported second-quarter 2022 net sales of $35.0 million, down 17.7% from $42.5 million in Q2 2021, impacted by foreign exchange losses. Operating income fell to $0.9 million compared to $2.0 million the previous year. Net income decreased to $0.7 million, or $0.34 per diluted share, significantly lower than $2.1 million, or $0.99 per diluted share, in Q2 2021. Year-to-date sales also dropped 16.7% year-on-year, illustrating continuing operational challenges and supply chain constraints.
Mannatech, a global health and wellness company, announced the successful passage of all shareholder proposals during its annual meeting on June 14, 2022. Notable outcomes included the election of J. Stanley Fredrick and Tyler Rameson as Class II Directors, with 66.5% of shares represented. Additionally, shareholders ratified BDO USA, LLP as independent auditors for the fiscal year ending December 31, 2022, and approved the compensation for Mannatech's named executive officers. The company emphasizes its commitment to transforming lives through high-quality nutritional products.
Mannatech, a global health and wellness company, announced a cash dividend of $0.20 per share, payable on June 29, 2022, to shareholders recorded by June 15, 2022. This move reflects the company's commitment to rewarding shareholders and promoting long-term investment in its common stock. President and CEO, Alfredo Bala, emphasized Mannatech's dedication to delivering shareholder value. The company operates globally in 25 markets and is focused on health, weight management, fitness, and skin care products.
Mannatech, Incorporated (NASDAQ: MTEX) reported first quarter 2022 financial results with net sales of $32.4 million, a decline of 15.5% from $38.3 million in Q1 2021. On a constant dollar basis, net sales decreased by 11.5%. Supply chain issues led to deferred revenue of $0.9 million in Asia Pacific, affecting sales. Operating income fell to less than $0.1 million compared to $2.8 million in Q1 2021, while net income was $0.1 million, or $0.06 per diluted share. The number of fulfilled orders decreased by 6%, and recruitment of associates dropped by 5.1%.
Mannatech, Incorporated (NASDAQ: MTEX) reported Q4 2021 net sales of $39.5 million, up 0.8% from Q4 2020. Operating income improved to $1.0 million compared to an operating loss of $11.0 thousand in Q4 2020. Net income reached $2.6 million ($1.25 per diluted share), a significant increase from $0.7 million ($0.34 per diluted share) in the prior year. Gross profit margin improved to 77.5%. Year-end net sales increased 5.5% to $160.3 million, with net income for 2021 at $9.8 million ($4.71 per diluted share). The company returned $4.3 million in dividends and repurchased $5.1 million in stock.
Mannatech, Incorporated (NASDAQ: MTEX) has announced a cash dividend of $0.20 per share for its common stock. This dividend will be paid on March 30, 2022, to shareholders recorded by the close of business on March 16, 2022. The decision reflects the company's commitment to rewarding its investors and sustaining long-term interest in its stock. CEO Alfredo Bala emphasized the company's dedication to delivering shareholder value.
