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Weight Loss Surgeries + 5.5%, Health Club Revenues +8.7% in 2017

Dec. 11, 2018 We've been updating some parts of our study: "The U.S. Weight Loss & Diet Control Market". A few new data points have come in. Health Clubs... U.S. health clubs and gyms had revenues of $30 billion in 2017, according to data from IHRSA (Intl. Health Racquet & Sports Clubs Association). This represents…

NutriSystem Acquired by Tivity Health – Then There Were Three

Dec. 10, 2018 Tivity Health, a leading provider of fitness and health improvement programs, and Nutrisystem, Inc. today announced that they have entered into a definitive agreement under which Tivity Health will acquire all of the outstanding shares of Nutrisystem for a combination of cash and stock. Under the terms of the agreement, Nutrisystem shareholders…

Commercial Weight Loss Centers On Pace For 18% Sales Gain In 2018

Dec. 4, 2018 Based on individual public company-provided guidance for expected full-year revenues, as of the end of the 3rd quarter of 2018, Marketdata estimates that commercial weight loss companies will post a strong 18% sales gain this year. The industry has not seen a sales gain this large in a long time. This segment…

Glanbia To Acquire Slim-Fast Brand by End of Year

October 2018 Global nutrition group Glanbia P.L.C. has reached an agreement to acquire SlimFast and its sister company HNS from Kainos Capital in a transaction valued at $350 million. SlimFast, based in Palm Beach Gardens, Fla., is a weight management and health and wellness brand whose products include ready-to-drink and ready-to-mix powder products as well…

Chinese Joint Venture Explores Meal Replacements – Market Worth $750 Million

Nov. 21, 2018 China's leading one-stop healthcare ecosystem platform, Ping An Healthcare and Technology Company Limited ("Ping An Good Doctor" ) today announced that it has entered into a strategic partnership with the Chinese Nutrition Society. Ping An Good Doctor will participate in the development of the first domestic "meal replacement food group standard" drafted by the…

Medifast Reports Q3 Results – Stock Gets Crushed

Nov. 7, 2018 -- 3rd Quarter 2018 Highlights: Revenue of $139.2 million, an increase of 80.3% year-over-year Active earning Coaches of 22,600, an increase of 59.2% year-over-year Net income of $13.8 million, an increase of 106.1% year-over-year Earnings per diluted share ("EPS") of $1.14, an increase of 107.3% year-over-year Dan Chard, Medifast's CEO, said: ..."We are…

Weight Watchers Q3 Results – Stock gets Hammered

Nov. 2, 2018 -- WW stock was tanking on Friday morning, down as much as 28%, as the company beat earnings expectations but missed what analysts were calling for on the revenue front. The total subscribers fell again, from 4.5 million in the 1st quarter to 4.2 million by the 3rd quarter. Revenue was strong for…

NutriSystem Reports 3rd Qtr. Results

Oct. 30, 2018 - Dawn Zier, President and CEO, stated, “I’m pleased we delivered year-over-year growth in the third quarter and adjusted EBITDA and earnings per share are aligned with expectations. South Beach growth remains strong and, most importantly, we see a clear path to return the Nutrisystem brand to growth in 2019.” Ms. Zier added, “During…

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