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Nov. 7, 2018 — 3rd Quarter 2018 Highlights: Revenue of $139.2 million, an increase of 80.3% year-over-year Active earning Coaches of 22,600, an increase of 59.2% year-over-year Net income of $13.8 million, an increase of 106.1% year-over-year Earnings per diluted share (“EPS”) of $1.14, an increase of 107.3% year-over-year Dan Chard, Medifast’s CEO, said: …”We are […]
Medifast Reports Q3 Results – Stock Gets Crushed Read More »
Nov. 2, 2018 — WW stock was tanking on Friday morning, down as much as 28%, as the company beat earnings expectations but missed what analysts were calling for on the revenue front. The total subscribers fell again, from 4.5 million in the 1st quarter to 4.2 million by the 3rd quarter. Revenue was strong for
Weight Watchers Q3 Results – Stock gets Hammered Read More »
Oct. 30, 2018 – Dawn Zier, President and CEO, stated, “I’m pleased we delivered year-over-year growth in the third quarter and adjusted EBITDA and earnings per share are aligned with expectations. South Beach growth remains strong and, most importantly, we see a clear path to return the Nutrisystem brand to growth in 2019.” Ms. Zier added, “During
NutriSystem Reports 3rd Qtr. Results Read More »
Sept. 24, 2018 — Weight Watchers International announced that the company will become WW, honoring its legacy while broadening the role it plays in helping everyone live healthier lives. A new tagline, “Wellness that Works.™” will be used globally to reflect the company’s heritage and overall approach to health and wellbeing of inspiring powerful habits rooted in
Weight Watchers Changes Its Name Read More »
Sept. 14, 2018 OK, here we go again. Another Wall St. analyst purporting to know more about the weight loss market than he does. This time it’s Vicent Sinisi at Morgan Stanley, who claims that the addressable market for Weight Watchers is much smaller than analysts think. His thesis is that there are only 31
Morgan Stanley Analyst is Wrong About Weight Watchers Potential Read More »
Sept. 12, 2018 Word has it that Jenny Craig is seeking a buyer for its business, according to The Wall Street Journal. Sources indicate the company has hired investment bankers to help advise it on the process. The company has improved sales somewhat after being acquired in 2015 by private equity firm North Castle Partners.
Jenny Craig Seeks Buyer Read More »
Aug. 6, 2018 – Management reported that: “Our WW FreestyleTM program is resonating globally, driving continued strong performance in all of our major markets. We ended the second quarter with 4.5 million subscribers – an increase of 1 million compared to a year ago – as our momentum continued during our first global, summer marketing campaign,” said Mindy
Weight Watchers’ Q2 Results Beat Estimates Read More »
Aug. 3, 2018 – According to CEO Dan Chard: “We are pleased to report a further acceleration in the business momentum we reported in the first quarter of the year, resulting in record revenues and profitability that exceeded our expectations.” “The accelerating growth rate is an indication of the energy behind our integrated coach model
Medifast Reports Strong Q2 Results Read More »
July 30, 2018 – CEO Dawn Zier reported that; “Our announcements around the recently launched DNA Body Blueprint™ and the branded lines of vitamin packs showcase our focus on science-backed personalized nutrition to drive not only weight loss, but overall health. We believe our efforts to date, coupled with second-half investments in our innovation pipeline, branding and digital
NutriSystem Reports Q2 2018 Results Read More »
July 16, 2018 – Nutrisystem announced the launch of DNA Body Blueprint™, a genetic-based product using a proprietary algorithm that provides an integrated personal action plan focused on eating behaviors, nutrition and metabolism. DNA Body Blueprint is slated to be prominently featured in national multi-media marketing and advertising campaigns debuting today, July 16. This announcement comes soon
NutriSystem Adds Home DNA Test to Program Read More »