Mannatech (NASDAQ:MTEX) reported quarterly earnings of $0.34 per share. This is a 65.66 percent decrease over earnings of $0.99 per share from the same period last year. The company reported $35.00 million in sales this quarter. This is a 17.65 percent decrease over sales of $42.50 million the same period last year.
Statement By Glenn J. Chamandy, Former President And CEO, In Response To The Open Letter To Shareholders Issued By Gildan Activewear’s Board Of Directors; Says “The Board’s Unfortunate Actions Have Resulted In A Massive Loss Of Shareholder Value.”
Glenn J. Chamandy, former President and CEO and co-founder of Gildan Activewear Inc. (TSX:GIL) (NYSE:GIL) ("Gildan" or the "Company"), today issued the following statement in response to the open letter to shareholders