---
schema_version: "secwatch.filing_event.v1"
accession: "0001056358-22-000061"
form_type: "8-K"
ticker: "MTEX"
cik: "0001056358"
company_name: "MANNATECH INC"
filed_at: "2022-08-12T23:59:59+00:00"
generated_at: "2026-06-24T00:12:18.182024+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Mannatech Q2 net sales $35M (-17.7% YoY); EPS $0.34 vs $0.99

## Summary
- Net sales of $35.0M, down $7.5M (17.7%) from $42.5M in Q2 2021; FX drag of $2.7M.
- Operating income fell to $0.9M from $2.0M; net income of $0.7M ($0.34 diluted) vs $2.1M ($0.99).
- Independent associate/preferred customer positions dropped to ~152,000 from ~176,000; new recruitment down 7.9% to 19,823.
- Supply chain constraints and ingredient shortage impacting core products; exploring alternative supplier.
- Selling & administrative expenses decreased $0.7M to $6.9M; operating costs down $0.6M to $4.9M.

## SEC filing metadata
- accession: 0001056358-22-000061
- form_type: 8-K
- ticker: MTEX
- cik: 0001056358
- company_name: MANNATECH INC
- filed_at: 2022-08-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1056358/000105635822000061/0001056358-22-000061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1056358/000105635822000061/mtex-20220812.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001056358-22-000061
- JSON: https://secwatch.observer/filing/0001056358-22-000061.json
- Plain text: https://secwatch.observer/filing/0001056358-22-000061.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.