When sales rise 6% and earnings rise 17% at a Network Marketing company, I have to wonder how many company distributors got fewer commissions on higher volume.
Mannatech Inc., a seller of nutritional supplements and weight-loss products through independent members, said Friday first-quarter earnings rose 17 percent on higher sales.
First-quarter net income jumped to $6.9 million, or 26 cents per share, from $5.9 million, or 22 cents per share, a year ago.
Net sales rose 6 percent to $104.8 million, from $99 million in the prior year.
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