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Aug. 9, 2021 According to CEO Mindy Grossman: “We ended the quarter with 4.9 million subscribers, including 4.1 million Digital subscribers — an all-time second quarter-end high and up 6% year-over-year, but below our expectations. The strong Digital year-over-year growth momentum in Q1 slowed in the second quarter as we cycled against strong Digital performance …
May 19, 2021 Noom Inc., a popular app targeted to help weight loss, is said to have obtained funding from the private equity firm Silver Lake ahead of a potential IPO. Noom is said to be worth $4 billion in its latest funding round, according to a Bloomberg report yesterday. The company, which hopes to be …
Noom, Weight Loss App Company, Eyes Possible IPO Read More »
May 6, 2021 Medifast reported results for the first quarter ended March 31, 2021. “This has been an exceptional quarter of growth and productivity, reflecting the outstanding abilities of both our independent OPTAVIA Coaches and our employees,” said Dan Chard, Chairman and Chief Executive Officer of Medifast. “We now have a record 52,500 OPTAVIA Coaches who are achieving new …
Medifast Reports Q1 2021 Results – On Track For $1.4 Billion In Sales Read More »
May 6, 2021 Weight Watchers reported its 1st quarter performance yesterday. “…WW had a strong start to the year, ending Q1 with 5.0 million subscribers, record Digital subscribers, and member retention remaining at an all-time high of over 10 months,” said Mindy Grossman, the Company’s President and CEO. “…Our continued digital transformation to a personalized, …
March 23, 2021 Just as we thought, lots of Americans gained a significant amount of weight the past year due to the pandemic, forced to stay away from gyms and be sedentary at home. And, the obesity rate at 42% of adults, was already at record highs. Great news for weight loss program providers, lots …
March 18, 2021 Marketdata LLC, has just released the new 16th edition of its best-selling report: “The U.S. Weight Loss & Diet Control Market”. This is a 438-page analysis of ALL segments of the market — commercial chains, medical programs, diet foods, soft drinks, meal replacements, diet books, Rx diet drugs, bariatric surgeries, the health …
Marketdata Publishes New Weight Loss Report: Findings Read More »
March 7, 2021 Marketdata’s research to update its study: “The U.S. Weight Loss & Diet Control Market” continues. One of the key chapters in this upcoming report tracks the meal replacements (powdered shakes, nutrition bars) and appetite suppressants market (retail and MLM non-prescription diet pills). Meal replacements have done well in 2020. Diet pills, not …
March 2, 2021 When one thinks about the giants of the U.S. weight loss market, people usually assume that most of the sales go to Weight Watchers, NutriSystem and Jenny Craig. With the exception of WW, they’d be wrong. Today, the MLM (multi-level marketing) companies capture a major share of sales of weight loss products …
March 1, 2021 When looking at recent deals, it’s clear that private equity investment companies really like to invest in the weight loss space. And, they make some good profits on companies they purchase and flip to other buyers. Here are a few of the deals completed in recent years: Private equity fund HIG Capital …
March 1, 2021 Marketdata and DietBusinessWatch.com continue to release major findings from its ongoing current research of the weight loss market, contained in our upcoming study; “The U.S. Weight Loss & Diet Control Market”, due out shortly. Based on interviews with management at the major medical weight loss center chains and franchises, Marketdata analysts are …