Sept. 16, 2014 -- The number of American men and women with big-bellied, apple-shaped figures — the most dangerous kind of obesity — has climbed at a startling rate over the past decade, according to a government study. People whose fat has settled mostly around their waistlines instead of in their hips, thighs, buttocks or…
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Weight Watchers Connects With Activity Monitors
Sept. 11, 2014 -- Weight watchers announced seamless syncing with popular activity monitors and apps, bringing millions of fitness wearable users the opportunity for a more complete and integrated weight loss experience. The integration will allow activity tracked from top devices to be automatically converted into activity PointsPlus® values and updated in the Weight Watchers…
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Contrave Diet Drug Approved by FDA
Sept. 10, 2014 -- The U.S. Food and Drug Administration today approved Contrave (naltrexone hydrochloride and bupropion hydrochloride extended-release tablets) as treatment option for chronic weight management in addition to a reduced-calorie diet and physical activity. The drug is approved for use in adults with a body mass index of 30 or greater (obesity) or…
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Medifast Reports 2nd Quarter Results
Aug. 7, 2014... For the second quarter ended June 30, 2014, Medifast net revenue decreased 17% to $80.9 million from net revenue of $97.1 million in the second quarter of 2013. Revenue in the direct sales channel, Take Shape for Life, decreased 12% to $54.1 million in Q2 of 2014 compared to $61.4 million in…
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Weight Watchers Reports 2nd Quarter Results
July 30, 2014: Weight Watchers reported its results for Q2 2014. Revenues of $397.5 million, down 15.6% versus the prior year period, with total paid weeks down 14.4% Cash flow provided by operating activities totaled $145.5 million year-to-date Earnings per fully diluted share (EPS) were $0.95 "While Q2 financial performance is down significantly year over…
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NutriSystem Beats 2nd Quarter Expectations
July 29, 2014: NutriSystem reported its results for Q2 2014 today. Revenue for the quarter was $111.1 million, an increase of 14% as compared to $97.5 million in the second quarter of 2013; Gross profit increased 14% versus prior year to $56.9 million. Dawn Zier, President and CEO, said, "We are pleased with our strong…
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Dr. Oz Gets Scolded by Government Over Supplements
June 17, 2014 - Under pressure from Congress, celebrity Dr. Mehmet Oz offered to help "drain the swamp" of unscrupulous marketers using his name to peddle so-called miracle pills to millions of Americans desperate to lose weight.Dr. Oz appeared before the Senate's consumer protection panel and was scolded by Chairman Claire McCaskill for claims he…
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Medifast Agrees To Sell 12 Weight Control Centers in Washington, DC to Strategic Partner
June 2, 2014 -- Medifast, Inc. announced today that a subsidiary has entered into an agreement to sell an additional 12 Medifast Weight Control Centers (Medical clinics) located in Northern Virginia and Southern Maryland to TRANSFORMU, a South Carolina-based LLC. The Centers will be operated as Medifast Weight Control Centers by TRANSFORMU. "We are excited…
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