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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 […]
WW Reports Q2 2022 Results Read More »
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
WW Reports 1st Quarter 2022 Results Read More »
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
Weight Loss Market Rebounds in 2021 From 25% Decline in 2020 – New Report Read More »
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
WW Reports Q4 and Year 2021 Results, Hires New CEO, Loses Rank as Largest Diet Company Read More »
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
Herbalife Reports Q4 and Full Year 2021 Results Read More »
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
Medifast Reports Q4, Full Year Results, Becomes Largest Weight Loss Company by Sales Read More »
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.
Dec. 13, 2021 As reported in a recent INC. magazine article, a survey by the American Psychological Association found that some 42 percent of U.S. adults gained unwanted weight in the first year of the pandemic. This helps explain the boom year Noom had for its weight-loss service in 2020, with sales estimated at more
Americans Add Weight During Pandemic, Noom Prospers Read More »
Nov. 7, 2021 This is the first time in the company’s history where no two plans are alike. Upon sign-up, members complete the new PersonalPoints Engine, WW’s proprietary assessment that merges a member’s food and activity preferences with WW’s nutritional algorithm to generate an individualized weight loss and wellness plan. Each member has a unique
WW Launches New Personal Points Program Read More »
Nov. 5, 2021 Medifast continued its momentum into the 3rd quarter and is poised to reach 2021 yearly sales of $1.5 billion, topping even Weight Watchers revenue to take over the lead for the first time. This is truly a remarkable feat, in light of the fact that Medifast has never run a national TV
Medifast Posts Strong Q3, Poised to Be #1 Weight Loss Firm Read More »