Tag Archives: Optavia

Medifast Reports Q2 Results, Tops Estimates

August 2, 2019 Medifast reported 2nd quarter results yesterday, beating analyst expectations. Second quarter revenue increased 59.5% to $187.1 million from revenue of $117.3 million for the second quarter of 2018. OPTAVIA-branded products represented 75% of consumable units sold for the second quarter compared to 64% for the same period a year ago. The total…
Read more

Medifast Flies Under the Radar, Pulls Off A Coup

July 19, 2019. Somehow, quietly, Medifast, with its MLM model and Optavia product line, is poised to become the second largest weight loss company by revenues. If, as expected, it posts revenues of $700 million this year, it will outsell NutiSystem (projected flat sales of $692 million), Herbalife, and Jenny Craig. How did it do…
Read more

Medifast Flies Under the Radar, Pulls Off A Coup

July 19, 2019. Somehow, quietly, Medifast, with its MLM model and Optavia product line, is poised to become the second largest weight loss company by revenues. If, as expected, it posts revenues of $700 million this year, it will outsell NutiSystem (projected flat sales of $692 million), Herbalife, and Jenny Craig. How did it do…
Read more