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Medifast Reports 1st Quarter 2022 Results

May 2, 2022 “Record quarterly revenues, sharp acceleration in coach metrics and an increase in our annual financial guidance are powerful indications of the underlying strength of our business. We have record numbers of independent active earning OPTAVIA Coaches, helping us drive robust product demand and rapidly increasing digital engagement, and bolstering OPTAVIA to the #1 revenue …

Medifast Reports 1st Quarter 2022 Results Read More »

WW Pays FTC Penalty for Collecting Data on Minors. 

March 9, 2020 The Federal Trade Commission has approved a $1.5 million joint settlement order from the commission and the Department of Justice against weight loss and fitness services provider WW International (formerly Weight Watchers) and its subsidiary Kurbo, Inc. In an unprecedented move, the FTC is also requiring WW to destroy all the data …

WW Pays FTC Penalty for Collecting Data on Minors.  Read More »

Weight Loss Market Rebounds in 2021 From 25% Decline in 2020 – New Report

March 5, 2022 Marketdata’s new report, The U.S. Weight Loss Market: 2022 Status Report & Forecast (March 2022, 90 pp.) has just been released. Major Findings: The value of the U.S. weight loss market is estimated to have declined by a historic 25% in 2020, to $58 billion. as a result of closures of weight loss centers and …

Weight Loss Market Rebounds in 2021 From 25% Decline in 2020 – New Report Read More »

WW Reports Q4 and Year 2021 Results, Hires New CEO, Loses Rank as Largest Diet Company

March 2, 2022 Weight Watchers reported its 2021 revenues, and it’s official — Medifast is now the largest worldwide weight loss provider, by sales, with $1.5 billion, topping WW revenues of $1.2 billion for the first time. This is significant, and highlights the slippage in WW dominance of this market for decades. WW has been …

WW Reports Q4 and Year 2021 Results, Hires New CEO, Loses Rank as Largest Diet Company Read More »

Medifast Reports Q4, Full Year Results, Becomes Largest Weight Loss Company by Sales

Feb. 24, 2022 It’s official now. Medifast, an MLM model company, has surpassed Weight Watchers as the world’s largest weight loss provider, with 2021 revenues of $1.5 billion. CEO Dan Chard said that: “With this engine powering our momentum, we have moved from $275 million in revenue prior to the launch of OPTAVIA and the …

Medifast Reports Q4, Full Year Results, Becomes Largest Weight Loss Company by Sales Read More »

Trouble at Noom?

Feb. 3, 2022 As reported here and in many other publications, Noom’s rapid growth as a weight loss program is well known. The company may plan an IPO this year, and it’s estimated that revenues topped $600 million last year. The company has raised $669 million to date. However, there may be some weak spots. …

Trouble at Noom? Read More »

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