March 20, 2023 Marketdata LLC, Tampa, FL, has just released it 17th Edition of its best-selling market research report: "The U.S. Weight Loss & Diet Control Market". At 427 pages, with 160 Tables & Charts and 34 in-depth diet company competitor profiles, this is the most comprehensive analysis anywhere of the market. Some findings... The…
Read more
Where Is Oprah?
Feb. 23, 2023 As the new diet season progresses, we are left wondering about something. Conspicuously absent from Weight Watchers TV commercials is Oprah Winfrey, who at one time owned 10% of the company. What's happening here? No TV ads featuring Oprah for the new 2023 diet season. Does she still own stock? How much?…
Read more
Medifast Reports 4th Qtr. & 2022 Results
Feb. 22, 2023 Medifast, the #1 weight loss company by revenues, topped earnings and revenue estimates. Fourth Quarter 2022 Revenue of $337.2 million, with revenue per active earning coach of $5,538 Independent active earning OPTAVIA Coaches of 60,900 Full Year 2022 Highlights Revenue increased 4.8% to $1.6 billion Net income of $143.6 million (non-GAAP adjusted net income of $163.5 million) EPS of $12.73 (non-GAAP…
Read more
HMR Acquired by Sanford Health, To Re-launch
Jan. 9, 2023 HMR (Health Management Resources), the weight loss program offered for the past 40 years in hospitals, clinics, and MD offices, was recently sold to Sanford Health, which runs the Profile by Sanford weight loss program. HMR has offered both medical and non-medical programs to consumers. In 2023, HMR programs and services will…
Read more
Jenny Craig Adds Line of Fresh Meals
Jan. 5, 2023 Jenny Craig is expanding its menu of nearly 100 food options with the launch of Jenny Fresh, a line of entrees that are prepared fresh and delivered directly to customers' doors. Jenny Fresh will be sold separately from Jenny Craig's weight loss and healthy meal plans, but can be integrated seamlessly into…
Read more
Jenny Craig Appoints New CEO
Dec. 14, 2022 Weight loss and company Jenny Craig Inc. has promoted its president and chief operating officer Mandy Dowson to chief executive officer. Jenny Craig's former CEO David Pastrana, who led the brand for three years, will remain with the company through the end of the year and transition into a role on the…
Read more
Weight Watchers Reports Q3 Results
Nov. 4, 2022 WW reported its results for the 3rd quarter of 2022. Management said that: “We are encouraged by early indicators that our data-informed approach to product development – focused on our core pillars of community, accountability, and coaching – is starting to yield positive results,” said Sima Sistani, the Company’s CEO. “With nearly 60…
Read more
New Bills To Ban Diet Pill Sales to Minors
Sept. 19, 2022 Lawmakers are seeking to limit the sale of diet pills and weight loss supplements to children with the introduction of new bills in California and New York. The bills in California and New York would prohibit retailers from selling dietary supplements for weight loss and over-the-counter diet pills to anyone under the…
Read more