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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 »
March 9, 2020 Based on our research over the past few decades, only about 3.4% of dieters prefer to visit a physician’s office, hospital or medical clinic for a weight loss program. 80-85% or so use a do-it-yourself program (retail meal replacements, OTC diet pills, online purchases), and the balance use a commercial chain or
Coronavirus Could Hurt Medical Weight Loss Programs Read More »
Feb. 28, 2020 All the signs of a perfect storm are coming together. The stock market has fallen nearly 3,000 points this week and is now in “correction” territory–Wall Street’s softer term for the crap is hitting the fan. A significant stock market decline is usually an advance indicator of an impending recession, based on
Prepare For Recession, NOW! Read More »
Feb. 27, 2020 Medifast (MED) posted revenues of $170.63 million for the 4th quarter ended December 2019, surpassing the Consensus Estimate by 5.33%. This compares to year-ago revenues of $145.8 million. The company has topped consensus revenue estimates three times over the last four quarters. Fourth Quarter 2019 Highlights Compared to Prior-Year Period Revenue up
Medifast Beats on Earnings & Revenues, Q4, full-year report Read More »
Feb. 25, 2020 “2020 is off to a terrific start. The global launch of the new myWW program is resonating in every market, the WW Presents: Oprah’s 2020 Vision tour in the U.S. has been engaging sold-out crowds siad Mindy Grossman, the firm’s President and CEO. “Right now, we have more than 5 million members globally – a new
WW Reports Q4 2019, Full Year Results Read More »
Feb. 20, 2020 Tivity Health (stock symbol TVTY), the parent company that acquired NutriSystem last year, reported weak earnings and guidance and its CEO Donald Tramuto resigned, as did NutriSystem’s Chief Marketing Office, Kiera Krausz. The stock price plummeted Thursday morning, falling 44%. According to management in their conference call: “…Admittedly, the Nutrition business has
Tivity Health, Parent of NutriSystem, Falters Read More »
Jan 20, 2020 According to analysts and Bloomberg News, Noom has posted impressive growth, driven in part by aggressive advertising: Noom closed 2019 with $237 million in revenue, up from $61 million and $12 million in the two previous years, respectively. This New Year’s Day, 55,000 people signed up to lose weight with the smartphone
Noom Sees Growth, Investors Read More »