News

Medifast Reports 1st Quarter Results

May 5, 2014 - Medifast reported Q1 results, and revenues were down across the board, in all divisions. Despite this,m the company remains upbeat on upcoming new product launches, a continued transition from company-owned center to franchises, has $77 mill. cash & equivalents on hand, and no debt. For the first quarter ended March 31,…
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NutriSystem Reports Good 1st Quarter Results

May 1, 2014 -- The company reported results for the quarter ended March 31, 2014 that exceeded previous guidance. First Quarter 2014 Highlights Revenues of $122.2 million, an increase of 16% from revenues of $105.4 million in the first quarter of 2013, driven by growth in both the Direct and Retail channels; Gross Profit increased…
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Weight Watchers Reports 1st Quarter Results, Stock Soars

April 30, 2014 -- Weight Watchers reported Q1 results and raised its EPS estimate for the year.  Stock price up as much as 20% on May 1. First quarter 2014 results include: Revenues of $409.4 million, down 16.6% versus the prior year period, with total paid weeks down 13.9% Cash flow provided by operating activities…
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New Jenny Craig Program Effective Against Type 2 Diabetes

April 23, 2014 - A new kind of Jenny Craig diet formulated specifically to help people manage their Type 2 diabetes has demonstrated its effectiveness in a new clinical trial -- so much so, that the commercial weight-loss company launched a new program based on the study's findings. The study's lead researcher was Cheryl Rock,…
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Weight Watchers Hires New Ad Agency

April 21, 2014 -- Weight Watchers International announced that Wieden+Kennedy of Portland, OR has been selected in the U.S. to take the lead in redefining the brand, building the brand strategy and developing creative ideas to be executed across channels. This move consolidates advertising creative development with Wieden+Kennedy. After seven years and a number of…
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U.S. Soft Drinks Market Continues Slide

April 3, 2014 - The U.S. sales volume of carbonated soft drinks fell 3% last year, according to the annual report by Beverage Digest. This extends a trend that began a decade ago. Among the top 10 brands, Diet Coke was down 6.8% and Diet Pepsi was down 6.9%. These declines were sharper than the…
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Weight Watchers Faces Multiple Class Action Lawsuits

March 21, 2014 - The following statement was issued by the law firm of Kessler Topaz Meltzer & Check, LLP: "Notice is hereby given that a class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of purchasers of the common stock of Weight…
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Weight Watchers Launches Program for Employers with Workers Who Have Type 2 Diabetes

March 17, 2014 - Weight Watchers International announced Weight Watchers for Diabetes, a new Weight Watchers Health Solutions offering that serves the special needs of employees with type 2 diabetes by integrating personalized coaching from a Certified Diabetes Educator (CDE) into the Weight Watchers approach to weight loss and weight management. Orlando Health, one of…
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