Mannatech Q1 net sales fall on lower network activity

Mannatech

14/05/2026 23:18

Overview

US health and wellness firm's Q1 net sales fell 6.2% yr/yr to $24.9 mln

Company posted net income of $1.0 mln, reversing a net loss last year

Active associates and customers declined, with recruiting down 15.6% yr/yr

Outlook

Company says changes in trade policies could affect cost structure and profitability

Result Drivers

LOWER NETWORK ACTIVITY - Decline in active associates and preferred customers, with recruiting down 15.6% yr/yr, contributed to lower sales

FOREIGN EXCHANGE IMPACT - Favorable currency movements increased GAAP net sales by $0.5 mln, partially offsetting underlying sales decline

COST CONTROL - Selling and administrative expenses fell 7.3% yr/yr, helping limit operating losses

Company press release: ID:nGNX1NDQMH

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
$24.90 mln
Q1 EPS
$0.49


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)