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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WW Reports Q1 2021 Results
May 6, 2021 Weight Watchers reported its 1st quarter performance yesterday. "...WW had a strong start to the year, ending Q1 with 5.0 million subscribers, record Digital subscribers, and member retention remaining at an all-time high of over 10 months,” said Mindy Grossman, the Company’s President and CEO. "...Our continued digital transformation to a personalized,…
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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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Private Equity Likes Weight Loss Investments
March 1, 2021 When looking at recent deals, it's clear that private equity investment companies really like to invest in the weight loss space. And, they make some good profits on companies they purchase and flip to other buyers. Here are a few of the deals completed in recent years: Private equity fund HIG Capital…
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Metrics of the “Average” Commercial Weight Loss Center
Feb. 26, 2021 Where does one get details about commercial weight loss centers -- how much revenues they gross per year, their profits, their payroll, their characteristics, how many of them operate in the country? There ARE a few sources, in the absence of a national trade association for the industry. One can obtain the…
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WW Reports Full Year 2020 Results
Feb. 26, 2021 Weight Watchers reported results of the 4th quarter and full tear 2020. Management said that: "...Our new membership tier, Digital 360, is being enthusiastically received by members and is building subscriber momentum. Today, WW is the leading weight loss and wellness digital subscription platform, with multiple membership verticals and revenue streams, creating…
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Tivity Health Bails Out on NutriSystem Too Early
Tivity Health, a healthcare organization in the Southeast U.S., acquired NutriSystem, the weight loss company, in December 2018. Tivity ran NutriSystem under its Nutrition division for about 18 months, then wound up selling it, at a big loss, to private equity firm Kainos Capital. On Oct. 19, 2020 Kainos Capital agreed to acquire NutriSystem, from…
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