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Dec. 29, 2020 “Our business continues to go from strength to strength, with high levels of client demand and engagement among independent OPTAVIA Coaches, accelerated growth and record levels of active earning Coaches,” said Dan Chard, CEO of Medifast. “Our programming efforts this year, along with enhancements to our organization, have given us a foundation for significant […]
Medifast Reports Q3 Results Read More »
Nov. 2, 2020 According to Mindy Grossman, the company’s President and CEO: “We ended the quarter with 4.7 million subscribers, marking a new record for a third quarter close. We accelerated initiatives that were already underway to create a truly differentiated, tech-enabled, member experience. Building on the massive success of the m yWW food program, we are thrilled
Weight Watchers Reports Q3 Results Read More »
Oct. 20, 2020 No surprise here… The U.S. adult obesity rate stands at 42.4 percent, the first time the national rate has passed the 40 percent mark, providing further evidence of the country’s obesity crisis. The national adult obesity rate has increased by 26 percent since 2008. With consumers working and staying at home during
U.S. Adult Obesity Rate Tops 40% For First Time, Covid-19 To Blame Read More »
Aug. 29, 2020 WW has collaborated with Amazon for the launch of Amazon Halo, a health and wellness membership and wearable device that uses technology to provide personal wellness insights. The Amazon collaboration will provide consumers with the latest in personal health and wellness technology, demonstrating our shared commitment to offering consumers science-backed, cutting edge
WW Teams Up With Amazon, Launches Halo Read More »
August 6, 2020 “This has been a strong quarter for Medifast, with strong demand and engagement among OPTAVIA Coaches and Clients helping to deliver meaningful revenue growth,” said Dan Chard, CEO of Medifast. “We have more active earning Coaches than at any point in our history, and Coach productivity is up substantially quarter-over-quarter near all-time highs…” “We have
Medifasts Reports Q2 Results Read More »
Aug. 4, 2020 “We ended the quarter with our highest-ever Q2 subscriber base of 5.0 million, driven by a record level of digital subscribers, which were up 23% year-over-year. These milestones combined with the strength in digital revenues and our high margins are all testament to the work of our teams and talent around the
WW Reports 2nd Quarter Results Read More »
June 12, 2020 Marketdata has released a new 65-page study: Status of The U.S. Weight Loss Market: Effects of The Pandemic. This is a complete analysis and forecast of ALL major segments of the U.S. diet market. “The Covid-19 crisis has forced many weight loss businesses to accelerate their operations toward the virtual delivery of
Weight Loss Market Pivots To Survive Covid-19: New Report, 2020 Forecasts Read More »
June 16, 2020 As of this morning writing on June 16, WW stock (WW) is up nearly 17%, due to positive news. WW issued an update on its Q2 fiscal 2020 trends to date, which reflects a strong digital business, courtesy of the social distancing and the company’s focus on digital transformation. As of Jun
Weight Watchers Bounces Back Read More »
May 21, 2020 As Marketdata analysts predicted just about a year ago, Tivity Health’s acquisition of NutriSystem has not worked out well. As of May 7, 2020 Tivity’s board has decided to explore “strategic alternatives” for the Nutrition business (translation: they want to sell the business unit), including a possible transaction and has engaged Lazard
Marketdata Was Right About NutriSystem & Tivity Health Read More »
May 19, 2020 WW International Inc. said last Friday it plans to lay off workers and eliminate jobs worldwide as it tries to cut costs amid the economic devastation caused by the Coronavirus pandemic. The company formerly known as Weight Watchers said it expects to spend about $12 million in employee-termination payments and other expenses.
WW Plans Lay-offs Due to Covid-19, Oprah Events Coming Read More »