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Tag Archives: diet companies

Weight Watchers Reports Q3 Results

Nov. 2, 2020 According to Mindy Grossman, the company's President and CEO: "We ended the quarter with 4.7 million subscribers, marking a new record for a third quarter close. We accelerated initiatives that were already underway to create a truly differentiated, tech-enabled, member experience. Building on the massive success of the m yWW food program, we are thrilled…
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U.S. Adult Obesity Rate Tops 40% For First Time, Covid-19 To Blame

Oct. 20, 2020 No surprise here... The U.S. adult obesity rate stands at 42.4 percent, the first time the national rate has passed the 40 percent mark, providing further evidence of the country’s obesity crisis. The national adult obesity rate has increased by 26 percent since 2008. With consumers working and staying at home during…
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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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Herbalife’s U.S. Sales of Weight Loss Products at $633 Million in 2019

May 19, 2020 Herbalife Intl. is a well-known MLM (multi-level marketing) company that sells weight loss products in the U.S. and abroad. It sells meal replacements (protein shakes, drink mixes, weight loss enhancers and healthysnacks). However, what some may not know is that, based on its sales, it ranks as the third largest weight loss…
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Jenny Craig Seeks Buyer

Sept. 12, 2018 Word has it that Jenny Craig is seeking a buyer for its business, according to The Wall Street Journal. Sources indicate the company has hired investment bankers to help advise it on the process. The company has improved sales somewhat after being acquired in 2015 by private equity firm North Castle Partners.…
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