Author name: John LaRosa

Oct. 3, 2016 – Medifast announced that Daniel (“Dan”) R. Chard has been appointed as Chief Executive Officer and as a member of Medifast’s Board of Directors, bringing the size of the board to 10 members.  Mr. Chard succeeds Michael MacDonald, who will stay with Medifast in the role of Executive Chairman of the Board. The […]

Sept. 12, 2016 –  After markets closed on Monday, Weight Watchers announced that Jim Chambers had resigned as CEO and would be leaving the company by the end of September. Weight Watchers said it would start looking for a new CEO to replace Chambers, who was appointed to the position three years ago. In the meantime,

Marketdata in July published 3 new, shorter and lower-priced reports covering 3 segments of the weight loss market. These new “Market Looks” reports are shorter than the usual studies, with a very affordable $695 price tag. The Meal Replacements Market, July 2016, 88 pages Commercial Weight Loss Centers Market, July 2016, 147 pp. The Weight

Aug. 4, 2016 – “Our second quarter represents our third successive quarter of year-over-year member recruitment growth, keeping us on-track to deliver revenue and profit growth for the full year 2016. We are encouraged by our transformation momentum and the solid foundation we are building for 2017 and beyond,” said Jim Chambers, the Company’s President and

July 27, 2016 – Dawn Zier, President and CEO, stated, “We are pleased with the double-digit revenue growth, improved profitability, and gross margin expansion that we delivered in the second quarter. Demand for our products and revenue per customer continue to grow, demonstrating positive consumer reception to our premium products, flexible options, and shakes.” Ms.

May 25, 2016 – Have you been wondering how the contestants on this show manage to lose huge amounts of weight? Concerned that the excessive exercise routines could put obese contestants at risk for a heart attack? Yeah, we’ve been wondering too. Now, another scam perpetrated on the American public is being unveiled. After nearly

May 25, 2016 – Americans are still getting fatter.  According to a new report by the CDC, the big negative is that the rate of obesity in the United States is continuing its upward climb. In 2015, 30.4% of Americans 20 and older said they were obese, up from 29.6% in 2014. Although the 2015 rate

Marketdata has tracked the weight loss market since 1989, and has witnessed the strong growth of franchising in the industry in the 1980s-1990s. However, that model no longer is viable, as explained below. “The diet industry’s growth model of the 1980s-1990s is no longer working. Brick & mortar commercial weight loss centers and franchises don’t

May 4, 2016 – According to Jim Chambers, the Company’s President and CEO.: “Leveraging the success of our new Beyond the Scale program, we expect to deliver revenue and profit growth for the full year 2016 and we are raising our earnings guidance to a range of $0.80 to $1.05 per share,” “Our first quarter loss

May 3, 2016 – Dawn Zier, President and CEO stated, “The Nutrisystem brand continues to resonate well with customers. Turbo10, Turbo shakes, and new flexible options drove better-than-expected first quarter results. “Looking ahead, we are focused on unlocking additional value to propel our future growth. We are on track to launch the South Beach Diet for the