---
schema_version: "secwatch.filing_event.v1"
accession: "0001056358-23-000057"
form_type: "8-K"
ticker: "MTEX"
cik: "0001056358"
company_name: "MANNATECH INC"
filed_at: "2023-08-14T23:59:59+00:00"
generated_at: "2026-06-11T09:55:15.530851+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 down 6.8% to $32.6M; swings to $1.1M loss

## Summary
- Net sales of $32.6M, down $2.4M (6.8%) YoY; constant-dollar decline 4.0%.
- Operating loss of $1.0M vs operating income of $0.9M in Q2 2022.
- Net loss of $1.1M ($0.59 diluted loss per share) vs net income of $0.7M ($0.34 EPS).
- Independent associate and preferred customer positions fell to ~142,000 from ~152,000; new recruits decreased 2.6%.
- No quarterly dividend to preserve ~$0.4M cash; consulting fees for new venture Trulu $0.4M.

## SEC filing metadata
- accession: 0001056358-23-000057
- form_type: 8-K
- ticker: MTEX
- cik: 0001056358
- company_name: MANNATECH INC
- filed_at: 2023-08-14T23:59:59+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/1056358/000105635823000057/0001056358-23-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1056358/000105635823000057/mtex-20230814.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001056358-23-000057
- JSON: https://secwatch.observer/filing/0001056358-23-000057.json
- Plain text: https://secwatch.observer/filing/0001056358-23-000057.txt

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