Sept. 3, 2022 Found Health is a new weight loss company that claims to offer a science-backed solution for personalized, lasting weight care that addresses the missing link in the existing weight loss market: biology. Found is a direct-to-consumer healthcare company with a focus on supporting your weight loss journey holistically, based on the science of…
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WW Reports Q2 2022 Results
August 5, 2022 WW (Weight Watchers) today reported its 2nd quarter 2022 results. According to management, Sima Sistani, the Company’s CEO... “2022 will be a transition year while we execute on a number of initiatives to simplify the business and build a foundation for profitable growth.” Amy O’Keefe, the Company’s CFO, said, “The actions that…
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WW Reports 1st Quarter 2022 Results
May 6, 2022 WW reported its results for the first quarter of 2022. Amy O’Keefe, the company’s CFO, said, “We delivered EPS ahead of our guidance range for Q1, primarily due to lower marketing spend in our international markets, strong gross margin, and cost management. We have taken significant and decisive action to reset the…
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Weight Loss Market Rebounds in 2021 From 25% Decline in 2020 – New Report
March 5, 2022 Marketdata's new report, The U.S. Weight Loss Market: 2022 Status Report & Forecast (March 2022, 90 pp.) has just been released. Major Findings: The value of the U.S. weight loss market is estimated to have declined by a historic 25% in 2020, to $58 billion. as a result of closures of weight loss centers and…
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WW Reports Q4 and Year 2021 Results, Hires New CEO, Loses Rank as Largest Diet Company
March 2, 2022 Weight Watchers reported its 2021 revenues, and it's official -- Medifast is now the largest worldwide weight loss provider, by sales, with $1.5 billion, topping WW revenues of $1.2 billion for the first time. This is significant, and highlights the slippage in WW dominance of this market for decades. WW has been…
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Herbalife Reports Q4 and Full Year 2021 Results
Feb. 24, 2022 Herbalife is a significant seller of meal replacements and weight management products such as shakes and nutrition bars, as well as appetite suppressants. It is one of the few public MLM companies for which we can obtain actual sales (along with Glanbia and Nu-Skin). The North America region reported net sales of…
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Medifast Reports Q4, Full Year Results, Becomes Largest Weight Loss Company by Sales
Feb. 24, 2022 It's official now. Medifast, an MLM model company, has surpassed Weight Watchers as the world's largest weight loss provider, with 2021 revenues of $1.5 billion. CEO Dan Chard said that: "With this engine powering our momentum, we have moved from $275 million in revenue prior to the launch of OPTAVIA and the…
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Trouble at Noom?
Feb. 3, 2022 As reported here and in many other publications, Noom's rapid growth as a weight loss program is well known. The company may plan an IPO this year, and it's estimated that revenues topped $600 million last year. The company has raised $669 million to date. However, there may be some weak spots.…
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