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Tag Archives: diet centers

WW Reports 1st Quarter 2022 Results

May 6, 2022 WW reported its results for the first quarter of 2022. Amy O’Keefe, the company’s CFO, said, “We delivered EPS ahead of our guidance range for Q1, primarily due to lower marketing spend in our international markets, strong gross margin, and cost management. We have taken significant and decisive action to reset the…
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Medifast Reports 1st Quarter 2022 Results

May 2, 2022 "Record quarterly revenues, sharp acceleration in coach metrics and an increase in our annual financial guidance are powerful indications of the underlying strength of our business. We have record numbers of independent active earning OPTAVIA Coaches, helping us drive robust product demand and rapidly increasing digital engagement, and bolstering OPTAVIA to the #1 revenue…
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WW Pays FTC Penalty for Collecting Data on Minors. 

March 9, 2020 The Federal Trade Commission has approved a $1.5 million joint settlement order from the commission and the Department of Justice against weight loss and fitness services provider WW International (formerly Weight Watchers) and its subsidiary Kurbo, Inc. In an unprecedented move, the FTC is also requiring WW to destroy all the data…
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Weight Loss Market Pivots To Survive Covid-19: New Report, 2020 Forecasts

June 12, 2020 Marketdata has released a new 65-page study: Status of The U.S. Weight Loss Market: Effects of The Pandemic. This is a complete analysis and forecast of ALL major segments of the U.S. diet market.  “The Covid-19 crisis has forced many weight loss businesses to accelerate their operations toward the virtual delivery of…
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Quick Weight Loss Centers Out of Business

April 30, 2020 it appears that Quick Weight Loss Centers, headquartered in Pompano Beach, FL, has gone out of business, a victim of the Covid-19 shutdowns and lost revenues. closing its 40 or so centers located in Florida and Texas. The company appears to be in the process of filing for Chapter 7 bankruptcy, as…
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WW Reports Q1 2020 Results

April 28, 2020 WW (Weight Watchers reported today that: Q1 2020 End of Period Subscribers up 9% year-over-year to 5.0 million, an all-time Q1-end high.Q1 2020 Revenues of $400 million, up 10%, or 11% on a constant currency basis, year-over-year.Launches Virtual Workshops globally, as a response to Studio closures, keeping the WW community connected across…
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WW Adds Virtual Zoom Workshops During Crisis

April 8, 2020 In mid-March, WW International (Weight Watchers), decided to close its 3,000 physical locations but didn't want to leave members to fend for themselves in these trying times. WW president and CEO Mindy Grossman said in an interview with USA TODAY that in a matter of days, the company took its 30,000 weekly workshops virtual…
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