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Tag Archives: MLM weight loss

Medifast Reports 2nd Quarter Results

August 6, 2021 Medifast reported its results for Q2 2021 on August 4. "This has been another outstanding quarter for Medifast, driven in large part by our success in driving growth in independent OPTAVIA Coaches to new highs, and empowering those Coaches to be more productive than ever before." said Dan Chard, Chairman & Chief Executive Officer…
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Medifast Reports Q1 2021 Results – On Track For $1.4 Billion In Sales

May 6, 2021 Medifast reported results for the first quarter ended March 31, 2021. "This has been an exceptional quarter of growth and productivity, reflecting the outstanding abilities of both our independent OPTAVIA Coaches and our employees," said Dan Chard, Chairman and Chief Executive Officer of Medifast. "We now have a record 52,500 OPTAVIA Coaches who are achieving new…
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Meal Replacements Do Well During The Pandemic

March 7, 2021 Marketdata's research to update its study: "The U.S. Weight Loss & Diet Control Market" continues. One of the key chapters in this upcoming report tracks the meal replacements (powdered shakes, nutrition bars) and appetite suppressants market (retail and MLM non-prescription diet pills). Meal replacements have done well in 2020. Diet pills, not…
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Multi-level Weight Loss Sales Are Huge

March 2, 2021 When one thinks about the giants of the U.S. weight loss market, people usually assume that most of the sales go to Weight Watchers, NutriSystem and Jenny Craig. With the exception of WW, they'd be wrong. Today, the MLM (multi-level marketing) companies capture a major share of sales of weight loss products…
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Medifast Posts Strong 2020 Results

Feb. 26, 2021 Medifast reported Q4 and full year 2020 results. To achieve any kind of growth during a year of pandemic and recession is admirable. To post the kind of record sales that Medifast did last year is just remarkable. The company continues to post impressive growth and is now the #2 weight loss…
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Medifast Reports Q3 Results

Dec. 29, 2020 "Our business continues to go from strength to strength, with high levels of client demand and engagement among independent OPTAVIA Coaches, accelerated growth and record levels of active earning Coaches," said Dan Chard, CEO of Medifast. "Our programming efforts this year, along with enhancements to our organization, have given us a foundation for significant…
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Medifast Reports Q1 Results

May 1, 2019 Medifast, Inc. today reported financial results for the first quarter ended March 31, 2019. "Our strong start to the year was fueled by a record number of active earning OPTAVIA Coaches and increased coach productivity," commented Dan Chard, Medifast's CEO. "These achievements helped generate first quarter revenue and earnings above our expectations and…
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