Aug. 29, 2020 WW has collaborated with Amazon for the launch of Amazon Halo, a health and wellness membership and wearable device that uses technology to provide personal wellness insights. The Amazon collaboration will provide consumers with the latest in personal health and wellness technology, demonstrating our shared commitment to offering consumers science-backed, cutting edge…
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Medifasts Reports Q2 Results
August 6, 2020 "This has been a strong quarter for Medifast, with strong demand and engagement among OPTAVIA Coaches and Clients helping to deliver meaningful revenue growth," said Dan Chard, CEO of Medifast. "We have more active earning Coaches than at any point in our history, and Coach productivity is up substantially quarter-over-quarter near all-time highs..." "We have…
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WW Reports 2nd Quarter Results
Aug. 4, 2020 “We ended the quarter with our highest-ever Q2 subscriber base of 5.0 million, driven by a record level of digital subscribers, which were up 23% year-over-year. These milestones combined with the strength in digital revenues and our high margins are all testament to the work of our teams and talent around the…
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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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Weight Watchers Bounces Back
June 16, 2020 As of this morning writing on June 16, WW stock (WW) is up nearly 17%, due to positive news. WW issued an update on its Q2 fiscal 2020 trends to date, which reflects a strong digital business, courtesy of the social distancing and the company’s focus on digital transformation. As of Jun…
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Marketdata Was Right About NutriSystem & Tivity Health
May 21, 2020 As Marketdata analysts predicted just about a year ago, Tivity Health’s acquisition of NutriSystem has not worked out well. As of May 7, 2020 Tivity’s board has decided to explore “strategic alternatives” for the Nutrition business (translation: they want to sell the business unit), including a possible transaction and has engaged Lazard…
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WW Plans Lay-offs Due to Covid-19, Oprah Events Coming
May 19, 2020 WW International Inc. said last Friday it plans to lay off workers and eliminate jobs worldwide as it tries to cut costs amid the economic devastation caused by the Coronavirus pandemic. The company formerly known as Weight Watchers said it expects to spend about $12 million in employee-termination payments and other expenses.…
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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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