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Mannatech Inc  (MTEX)
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Mannatech Inc's



MTEX Sales vs. its Competitors Q3 2018

Comparing the results to its competitors, Mannatech Inc reported Total Revenue increase in the 3 quarter 2018 by 2.42 % year on year, while most of its competitors have experienced contraction in revenues by -6.71 %, 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 -89.82 %

<<  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.


Total Segment Market Share Q3 2018

With modest revenue growth of 2.42 % within Total segment, Mannatech Inc managed to improve its market share within this segment to approximate 0.34 %.

<<  More on MTEX Market Share.

*Market share is not actual measurement, only performance comparison of companies which report and operate within the same segment.

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MTEX's vs. Competition, Data

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

Mannatech Inc MTEX 47 176 -6 290
Bab, Inc. BABB 5 2 1 17
Amplify Snack Brands, Inc. BETR 922 339 11 45
B&g Foods, Inc. BGS 2,001 1,716 190 2,003
Bridgford Foods Corp BRID 191 174 7 507
Conagra Brands Inc. CAG 8,987 4,275 745 32,900
Celsius Holdings, Inc. CELH 186 47 -16 1
Campbell Soup Co CPB 10,655 9,218 180 19,400
Chase General Corp CSGN 0 3 0 19
Dupont E I De Nemours & Co DD 0 23,934 -4,138 63,000
Dean Foods Co DF 418 7,761 -15 17,246
Flowers Foods Inc FLO 4,077 3,944 140 10,900
General Mills Inc, GIS 25,466 16,278 2,058 42,000
Golden Enterprises Inc GLDC 0 0 0 749
Hain Celestial Group Inc. HAIN 1,890 2,310 -48 6,307
Life On Earth, Inc. HISP 20 4 -4 2
Hormel Foods Corp HRL 23,366 9,546 1,013 20,400
Hillshire Brands Company HSH 0 0 0 0
Hershey Co HSY 22,511 7,743 1,021 20,800
J&j Snack Foods Corp JJSF 2,754 1,138 0 2,300
Kellogg Co K 20,633 13,439 1,854 29,790
Kraft Foods Inc. KFT 0 0 0 0
Kraft Heinz Co KHC 57,861 26,245 10,372 42,000
Kraft Foods Inc. KRFT 0 0 0 22,100
Lancaster Colony Corp LANC 4,863 1,241 145 2,700
Landec Corp Ca LNDC 325 514 22 522
Mondelez International, Inc. MDLZ 62,647 26,373 3,072 104,000
Medifast Inc MED 1,400 440 49 425
Mead Johnson Nutrition Co MJN 0 0 0 7,200
Mccormick & Co Inc MKC 18,591 5,401 895 10,000
Natural Alternatives International Inc NAII 76 141 6 177
Nightfood Holdings, Inc. NGTF 14 0 -5 1
Nates Food Co. NHMD 1 0 -1 4
Nutraceutical International Corp NUTR 387 240 14 810
Pepsico Inc PEP 154,276 64,663 4,997 271,000
Procter & Gamble Co PG 246,765 65,058 15,411 110,000
Post Holdings, Inc. POST 7,519 6,257 468 8,700
Pilgrims Pride Corp PPC 0 9,808 406 29,100
Puresnax International, Inc. PSNX 1,015 0 0 1
Rocky Mountain Chocolate Factory, Inc. RMCF 51 36 2 300
Seneca Foods Corporation SENEA 0 1,246 -24 3,500
J M Smucker Co SJM 11,722 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 373 1,220 -126 2,300
Atlas Technology International, Inc. SWTS 0 6 -11 5
Synutra International, Inc. SYUT 0 0 0 2,600
Treehouse Foods, Inc. THS 3,328 6,031 -358 5,880
Tootsie Roll Industries Inc TR 2,104 593 93 0
Tyson Foods Inc TSN 21,411 40,052 3,027 124,000
SUBTOTAL 718,937 365,314 42,728 1,024,471


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