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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 […]
Herbalife’s U.S. Sales of Weight Loss Products at $633 Million in 2019 Read More »
May 15, 2020 The health club industry’s trade association, IHRSA (Intl. Health & Racquet Sports Assn.) reported to Marketdata that U.S. health club industry revenues were up 8.3% to $35.0 billion in 2019, on the heels of a 7.7% gain in 2018. Through 2023, Marketdata forecasts revenues to grow by 5.6% per year, on average,
Health Club Revenues Reach $35 Billion Read More »
May 15, 2020 The number of bariatric (weight loss) surgeries performed in the U.S. was up 10.5% in 2018, to 252,000 procedures. Marketdata analysts estimate that this market was worth $6.3 billion, based on the average price per surgery of $25,000. No data is available yet for 2019. The ASMBS (American Society for Metabolic and
Most Weight Loss Surgeries Performed in the Northeast Read More »
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
Quick Weight Loss Centers Out of Business Read More »
April 28, 2020 WW (Weight Watchers reported today that: Q1 2020 End of Period Subscribers up 9% year-over-year to 5.0 million, an all-time Q1-end high. Q1 2020 Revenues of $400 million, up 10%, or 11% on a constant currency basis, year-over-year. Launches Virtual Workshops globally, as a response to Studio closures, keeping the WW community
WW Reports Q1 2020 Results Read More »
April 20,2020 Marketdata analysts are seeing plenty of TV commercials lately by Noom, a few by NutriSystem, but little from any of the other competitors? What’s going on with the marketing departments of WW and Jenny Craig? It’s still prime diet season until Memorial Day, although admittedly, consumers have other things on their mind right
Where’s All The Weight Loss TV Ads? Read More »
April 8, 2020 In mid-March, WW International (Weight Watchers), decided to close its 3,000 physical locations but didn’t want to leave members to fend for themselves in these trying times. WW president and CEO Mindy Grossman said in an interview with USA TODAY that in a matter of days, the company took its 30,000 weekly workshops virtual
WW Adds Virtual Zoom Workshops During Crisis Read More »
March 30, 2020 Many dieters are probably wondering what Jenny Craig is doing about the weekly in-person, in-center meetings between coaches and clients. At least in New Zealand, employees for Jenny Craig have been told their services will continue during the lockdown. Time will tell if this also applies to centers in the U.S. Mat
Jenny Craig Carries On Amid Virus Read More »
March 18, 2020 The traditional “diet season” lasts from the last week of December until Memorial Day. If dieters have not reached their goal weight by the Summer, they usually take a break and pick it up in the Fall, or quit altogether. However, this year, with the coronavirus pandemic now in full swing, dieting
Pandemic Will Shift Diet Season Read More »
March 12, 2020 As the stock market get slammed again on Thursday, some weight loss public company stock valuations are looking mighty tempting, if you are a long-term value investor. Right now, blood is running in the streets, and that’s when market gurus such as Warren Buffet advise us to be greedy and buy. There
Time To Load Up on Weight Loss Stocks? Read More »