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Mannatech Inc  (MTEX)
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    Sector  Consumer Non Cyclical    Industry Food Processing
 

Mannatech Inc's

Competitiveness


 

MTEX Sales vs. its Competitors Q2 2018



Comparing the results to its competitors, Mannatech Inc reported Total Revenue decrease in the 2 quarter 2018 year on year by -5.35 %, despite revenue increase by most of its competitors of 2.49 %, recorded in the same quarter.

List of MTEX Competitors





Revenue Growth Comparisons

Net Income Comparison


Mannatech Inc recorded net loss and most of company's competitors saw decline in earnings by -14.1 %

<<  More on MTEX Income Comparisons


Mannatech Inc's Comment on Competitors and Industry Peers


Other Nutritional Supplement Companies. The nutritional supplement industry is steadily gaining momentum and is intensely competitive. Our current direct competitors selling similar nutritional products include:


AdvoCare International

GNC Holdings, Inc.;

Herbalife Ltd.;

Nature’s Sunshine Products, Inc.;

NOW Foods;

Nu Skin Enterprises, Inc.;

Reliv’ International, Inc;

Solgar Vitamin and Herb Company, Inc.;

Swanson Health Products;

Usana Health Sciences, Inc.; and

Vitamin Shoppe Industries, Inc.

Network Marketing. Nutritional supplements are offered for sale in a variety of ways. Network marketing has a limited number of individuals interested in participating in the industry, and we must compete for those types of individuals. We believe network marketing is the best sales approach to sell our products for the following reasons:


our products can be introduced into the global marketplace at a much lower up-front cost than through conventional methods;

our key ingredients and differential components found in our proprietary products can be better explained through network marketing;

the network marketing approach can quickly and easily adapt to changing market conditions;

consumers appreciate the convenience of ordering from home, through a sales person, by telephone, or on the Internet; and

network marketing enables independent associates to earn financial rewards.
We compete with other direct selling and network marketing companies for new independent associates and for retention of continuing independent associates. Some of our competitors have longer operating histories, are better known, or have greater financial resources. These companies include:


Amway Corporation;

Forever Living Products, Inc.;

Herbalife International, Inc.;

Mary Kay, Inc.;

Nature’s Sunshine Products, Inc.;

Nu Skin Enterprises, Inc.;

Reliv’ International, Inc.;

Shaklee Worldwide; and

Usana Health Sciences, Inc.
The availability of independent associates decreases when other network marketing companies successfully recruit and retain independent associates for their operations. We believe we can successfully compete for independent associates by emphasizing the following:


our unique patented, proprietary blend of high-quality products;

our 23 year track record in the business of selling nutritional products;

our model which does not require our independent associates to carry inventory or accounts receivable;

our unique and financially rewarding global associate career and compensation plan;

our innovative marketing and educational tools; and

our easy and convenient delivery system.



<<  See the full list of MTEX competitors


Competitiveness By Company's Divisions



  

Total Segment Market Share Q2 2018

Total segment, revenue fell by -5.35 % and company lost market share, to approximate 0.38 %.





<<  More on MTEX Market Share.
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MTEX's vs. Competition, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME TICKER MARKET CAP REVENUES INCOME EMPLOYEES
Mannatech Inc MTEX 54 175 -3 290
Bab, Inc. BABB 5 2 1 17
Amplify Snack Brands, Inc. BETR 922 339 11 45
B&g Foods, Inc. BGS 2,047 1,702 191 2,003
Bridgford Foods Corp BRID 151 174 7 507
Conagra Brands Inc. CAG 14,965 8,194 812 32,900
Celsius Holdings, Inc. CELH 222 41 -13 1
Campbell Soup Co CPB 12,055 8,130 485 19,400
Chase General Corp CSGN 0 3 0 19
Dupont E I De Nemours & Co DD 0 23,286 828 63,000
Dean Foods Co DF 694 7,804 13 17,246
Flowers Foods Inc FLO 4,089 4,208 161 10,900
General Mills Inc, GIS 26,833 16,065 2,150 42,000
Golden Enterprises Inc GLDC 0 0 0 749
Hain Celestial Group Inc. HAIN 2,777 2,458 10 6,307
Life On Earth, Inc. HISP 16 3 -2 2
H. J. HEINZ COMPANY HNZ 0 0 0 0
Hormel Foods Corp HRL 21,756 9,514 969 20,400
Hillshire Brands Company HSH 0 0 0 0
Hershey Co HSY 21,824 7,696 1,030 20,800
J&j Snack Foods Corp JJSF 2,775 1,154 105 2,300
Kellogg Co K 25,463 13,243 1,768 29,790
Kraft Foods Inc. KFT 0 0 0 0
Kraft Heinz Co KHC 69,650 26,181 10,687 42,000
Kraft Foods Inc. KRFT 0 0 0 22,100
Lancaster Colony Corp LANC 4,218 1,223 135 2,700
Landec Corp Ca LNDC 377 524 25 522
Mondelez International, Inc. MDLZ 64,512 26,373 3,072 104,000
Medifast Inc MED 2,605 378 42 425
Mead Johnson Nutrition Co MJN 0 0 0 7,200
Mccormick & Co Inc MKC 17,306 5,241 830 10,000
Natural Alternatives International Inc NAII 72 132 5 177
Nightfood Holdings, Inc. NGTF 11 0 -4 1
Nates Food Co. NHMD 1 0 -1 4
Nutraceutical International Corp NUTR 387 240 14 810
Pepsico Inc PEP 163,862 64,418 4,644 271,000
Procter & Gamble Co PG 231,776 65,058 15,411 110,000
Post Holdings, Inc. POST 7,453 6,076 498 8,700
Pilgrims Pride Corp PPC 0 9,808 615 29,100
Puresnax International, Inc. PSNX 1,015 0 0 1
Rocky Mountain Chocolate Factory, Inc. RMCF 62 37 3 300
Seneca Foods Corporation SENEA 312 1,246 8 3,500
J M Smucker Co SJM 12,522 7,511 1,345 7,370
Sara Lee Corporation SLE 0 0 0 0
Inventure Foods, Inc. SNAK 79 192 -67 1,100
Sunopta Inc. STKL 626 1,233 -127 2,300
Atlas Technology International, Inc. SWTS 0 6 -11 5
Synutra International, Inc. SYUT 0 0 0 2,600
Treehouse Foods, Inc. THS 2,936 6,186 -334 5,880
Tootsie Roll Industries Inc TR 1,859 517 79 0
Tyson Foods Inc TSN 22,598 40,198 2,885 124,000
WM. WRIGLEY JR. COMPANY. WWY 0 0 0 0
SUBTOTAL 740,887 366,969 48,276 1,024,471
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