Feb. 27, 2020 Medifast (MED) posted revenues of $170.63 million for the 4th quarter ended December 2019, surpassing the Consensus Estimate by 5.33%. This compares to year-ago revenues of $145.8 million. The company has topped consensus revenue estimates three times over the last four quarters. Fourth Quarter 2019 Highlights Compared to Prior-Year Period Revenue up…
Read more
WW Reports Q4 2019, Full Year Results
Feb. 25, 2020 “2020 is off to a terrific start. The global launch of the new myWW program is resonating in every market, the WW Presents: Oprah’s 2020 Vision tour in the U.S. has been engaging sold-out crowds siad Mindy Grossman, the firm's President and CEO. “Right now, we have more than 5 million members globally – a new…
Read more
Tivity Health, Parent of NutriSystem, Falters
Feb. 20, 2020 Tivity Health (stock symbol TVTY), the parent company that acquired NutriSystem last year, reported weak earnings and guidance and its CEO Donald Tramuto resigned, as did NutriSystem's Chief Marketing Office, Kiera Krausz. The stock price plummeted Thursday morning, falling 44%. According to management in their conference call: "...Admittedly, the Nutrition business has…
Read more
- 1
- 2