July 19, 2019. Somehow, quietly, Medifast, with its MLM model and Optavia product line, is poised to become the second largest weight loss company by revenues. If, as expected, it posts revenues of $700 million this year, it will outsell NutiSystem (projected flat sales of $692 million), Herbalife, and Jenny Craig. How did it do…
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Weight Loss Conference Set for March 2015
"Launching A Successful Medical Weight Loss Program" will be a unique 2-day conference held in Orlando, march 13-14, 2015. See the video to the left on this home page and the website DietShow2015.com, to register, for speakers and the agenda. Sponsors and exhibitors welcome. Contact Marketdata for details or questions. The momentum today is with…
Read moreWW Launches New Plan
Nov. 11, 2019 "More options" and "more freedom" are key aspects of Weight Watchers' new customizable myWW program. For the first time, WW (Weight Watchers) is offering its members the opportunity to choose a program tailored to a member’s weight loss plan -- giving them “more flexibility” when it comes to the foods they eat. MyWW, allows members to…
Read moreMedifast Reports Q3 Results
Nov. 8, 2019 "Our focus on long-term, sustainable growth at Medifast continued during the third quarter as we achieved record revenues, rapid year over year growth in the number of active earning coaches and solid growth in gross profits and net income," said Dan Chard, Chief Executive Officer of Medifast." Chard continued, "Growth at the rapid…
Read moreWW Reports 3rd Quarter Performance
Nov. 5, 2019 “As our strong marketing execution successfully recruited new members and retention continued to increase, we outperformed our expectations for subscriber growth, resulting in our highest-ever end of period subscribers in a third quarter,” said Mindy Grossman, the company’s CEO. “Next week, we will be launching our new program – our most customized yet…
Read moreWalgreens Partners With Jenny Craig
Oct. 28, 2019 Jenny Craig and Walgreens will open 100 Jenny Craig at Walgreens locations nationwide in January 2020. This collaboration marks the first time Jenny Craig will offer its services at a national drugstore chain in the U.S. and the first time customers will be able to receive personalized health and weight loss management…
Read moreNoom and Novo Nordisk Team Up – New Diet Service
October 3, 2019 Noom has developed a weight-loss app and a personalized meal-planning service it says already is used by 45 million people worldwide that helps overweight people make behavioral changes that can help them slim down. Danish drug maker Novo says it has completed an eight-month pilot that combined Noom's behavior change programs with…
Read moreOprah To Go On Tour for WW in 2020
Sept. 4, 2019 Oprah's 2020 Vision: Your Life in Focus. Presented by WW (WW) - Weight Watchers Reimagined - Oprah will bring a full day wellness event to nine U.S. cities beginning January 2020. Joined by high profile guests, Oprah will help motivate audiences across the country. On each stop, attendees will spend the day with…
Read moreWW Reports Q2 Results – Brighter Outlook, Stock Upgrades
August 8, 2019 On Aug, 6th, the company reported that: “Member recruitment trends improved throughout the second quarter as we saw good response to our spring campaigns. End of period subscribers increased 1.5% year-over-year to 4.6 million – our highest level ever for a second quarter,” said Mindy Grossman, the Company’s President and CEO. “We…
Read moreMedifast Reports Q2 Results, Tops Estimates
August 2, 2019 Medifast reported 2nd quarter results yesterday, beating analyst expectations. Second quarter revenue increased 59.5% to $187.1 million from revenue of $117.3 million for the second quarter of 2018. OPTAVIA-branded products represented 75% of consumable units sold for the second quarter compared to 64% for the same period a year ago. The total…
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