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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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Medifast Reports Q1 2021 Results – On Track For $1.4 Billion In Sales

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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Medical Weight Loss Market Declines 27% in 2020

March 1, 2021 Marketdata and DietBusinessWatch.com continue to release major findings from its ongoing current research of the weight loss market, contained in our upcoming study; “The U.S. Weight Loss & Diet Control Market”, due out shortly. Based on interviews with management at the major medical weight loss center chains and franchises, Marketdata analysts are

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Herbalife’s U.S. Sales of Weight Loss Products at $633 Million in 2019

May 19, 2020 Herbalife Intl. is a well-known MLM (multi-level marketing) company that sells weight loss products in the U.S. and abroad. It sells meal replacements (protein shakes, drink mixes, weight loss enhancers and healthysnacks). However, what some may not know is that, based on its sales, it ranks as the third largest weight loss

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