Mannatech
This article was originally published in The Tan Sheet
Executive Summary
Supplement direct seller's net sales fall 17% in second quarter to $32.5 mil. Q2 net loss of $2.1 mil. resulted primarily from one-time, $3.4 mil. charge related to negotiated buyout of several executive employment contracts, firm says. "Associates are refocused on the company's core business after several months of management changes," Mannatech maintains