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March 10, 2014 – Medifast announced that it will expand its international presence by launching in Canada in 1Q14. Initially, this expansion will take place through Medifast Direct, the company’s e-commerce sales channel, and Medifast Medical Providers, a network of health care providers who, where available, will offer Medifast’s program and products. At launch, the […]

“We made consistent progress on our strategic initiatives in 2013 to better position Medifast for long-term profitable growth,” commented Michael C. MacDonald, Medifast’s Chairman and Chief Executive Officer. “In the fourth quarter our team managed the business well generating strong operational efficiencies that resulted in a 480 basis point improvement in operating margin. Looking ahead,

Q4 2013: Revenues of $69.9 million, an increase of 12% from revenues of $62.5 million in the fourth quarter of 2012; Year 2013: Revenues of $358.1 million, a decrease of 10% from 2012, although revenues were up 8% in the second half of 2013 versus the same period last year; Adjusted EBITDA of $31.6 million,

Q4 Results Revenues of $366.1 million in the quarter, down 11.0% versus the prior year, with total paid weeks down 8.5%. Fourth quarter 2013 meeting revenues for the North American meetings business (NACO) were down 15.0% versus the prior year, driven by a lower active base at the start of the quarter and lower enrollments.

Marketdata has been talking about the entry of national drugstore chains into the weight loss market, via their in-store mini-clinics for some time now. First up was CVS with their Take Care Clinics. Now, a smaller chain, RediClinics has launched. Can Walgreens and other chains be far behind? Wellness Layers, a leading provider of health

New Marketdata Status Report Released Marketdata Enterprises has just released a new 54-page “2014 Weight Loss Status Report & Forecast”. This promises to be another challenging year for the diet market, as revenues were estimated to have actually declined 1.8% last year to $60.5 billion, and they are only expected to grow by 1.2% this

At least 55% of Briton tried to lose weight last year (almost exactly the 54% share reported in America by the Calorie Control Council’s 2010 survey). 2.8 million adult Britons go on a diet each year. According to Mintel research, the 5:2 diet, which encourages intermittent fasting where followers survive on as little as 400

You heard it here first… It’s no secret that NutriSystem has a partnership with Walmart and one can sign up for the diet program in 4,000 stores. However…did you know that in early 2011, Walmart acquired tech start-up Kosmix for $300 million, and in doing so, established a Mountain View, CA headquarters for innovation?  Furthermore,

Jan. 20, 014… Women go on twice as many diets during their lives as they have lovers, according to new research. The average woman diets 16 times, shedding a total of five stone, and has eight lovers in her lifetime. More than half of those polled admitted they had been on more diets than they’d

According to the National Eating Disorders Association, a whopping 91% of college women attempt to control their weight with some form of dieting. This is well above the average for all adults of 54% (Source: Calorie Control Council). This is no surprise to us, since we’ve known that young women are heavy users of celebrity