Author name: John LaRosa

Feb. 25, 2015 – NutriSystem reported strong results again for the year–a combination of increased revenues per client and longer length of stay, coupled with moderate price increases. The company also continues to innovate via new products and programs such as the Turbo 10 plan and Shake 360. Despite this, the market battered its stock […]

Dec. 18, 2015 – Nutrisystem (NTRI) announced that it has acquired the South Beach Diet brand from SBD Holdings Group Corp., for $15 million. Nutrisystem has also entered into an agreement with the South Beach Diet founder, Dr. Arthur Agatston, who will join the Nutrisystem Science Advisory Board. During 2016, in addition to growing its core

Dec. 18, 2015 –  Humana confirmed a 40% increase in monthly enrollment of its program with Weight Watchers for October, the same month Oprah Winfrey announced she was taking a 10% stake and Weight Watchers’ shares soared. “We did see an enrollment spike in our Weight Watchers program in October,” Humana spokesman Jeff Blunt said. “It’s

Dec. 7, 2015 – Weight Watchers today launched its new Beyond The Scale program, getting an early jump on the new diet season. This is about a week or two earlier than last year’s diet season launch. According to the firm’s press release, the new program includes: New SmartPoints™ plan to make healthy eating simple:

Nov. 13, 2015 – According to a new report by the CDC,  for the past several years, experts thought the nation’s long-term rise in obesity had leveled off. But the CDC said that the obesity rate has climbed to nearly 38% of adults, up from 32% about a decade earlier. Experts said they had no explanation

Nov. 5, 2015 – Despite all the hype over the Oprah deal, one should remember that revenues and paid weeks are still declining significantly. Q3 2015 revenues were $273.3 million, down 20.8% (15.6% on a constant currency basis) vs. the prior year period, with total paid weeks down 15.7%. Q3 2015 net income was $21.8 million versus

Oct. 28, 2015 — Company results beat Wall Street expectations. NutriSystem posted revenue of $104.9 million in the period, up 16% vs. last year. For the 4th quarter ending in December, Nutrisystem said it expects revenue in the range of $86.6 million to $91.6 million. The company expects full-year earnings to be 91 cents to 96 cents

Oct. 19, 2015 — The company today announced that Oprah Winfrey is paying about $43 million for a 10% stake in Weight Watchers and is joining the company’s board. Shares were up almost 75% trading on word of the deal. Weight Watchers International Inc. said in a filing with the SEC that as part of

Aug. 5, 2015 – Medifast posted revenue of $72.2 million in the period. For the current quarter ending in October, Medifast said it expects revenue in the range of $65 million to $68 million. The company expects full-year earnings to be $1.70 to $1.80 per share, with revenue ranging from $270 million to $280 million. Revenue in the

Aug. 5, 2015 – Q2 2015 revenues were $309.8 million, down 22.1% (16.5% on a constant currency basis) versus the prior year period, with total paid weeks down 17.6%. “In the second quarter, our member recruitment trends improved, particularly in North America where Online sign-ups were positive year-over-year,” commented Jim Chambers, the Company’s President and Chief