Mannatech
This article was originally published in The Tan Sheet
Executive Summary
September launch of Ambrotose A.O. antioxidant supplement helps boost revenues 44.1% to $49.7 mil. for the third quarter ended Sept. 30 versus the prior-year period, Coppell, Texas-based direct marketer reports Nov. 7. CEO Sam Caster believes the product could total 25% of Mannatech's gross sales by 2005 (1"The Tan Sheet" Aug. 25, 2003, p. 15). Mannatech's net income rose to $2.9 mil. compared with $200,000 in the year-ago period...