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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 »
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 »
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 »
Dec. 30, 2021 Jenny Craig has come out with it’s new program for 2022, called Max Up. The company claims that: “…While on the Max Up program, participants can lose up to 18 pounds* and 5 inches** off their waist size in the first four weeks. For the first time, Max Up participants complete a new digital
Jenny Craig’s New “Max Up” Program Read More »
Dec. 13, 2021 As reported in a recent INC. magazine article, a survey by the American Psychological Association found that some 42 percent of U.S. adults gained unwanted weight in the first year of the pandemic. This helps explain the boom year Noom had for its weight-loss service in 2020, with sales estimated at more
Americans Add Weight During Pandemic, Noom Prospers Read More »
Nov. 5, 2021 WW International posted revenues of $293.5 million for the quarter ended September 2021, missing the Consensus Estimate by 7.64%. This compares to year-ago revenues of $320.7 million. The company has topped consensus revenue estimates just once over the last four quarters. According to CEO Mindy Grossman: “In the coming days, we will
WW Reports Q3 Results, Misses Earning and Sales Estimates Read More »
Oct. 2, 2021 WW International, Inc. (WW) announced that Mindy Grossman, President and CEO, who has led the brand’s transformation since 2017, has decided to step down as President and CEO after the first quarter of 2022. Ms. Grossman will continue to lead the company until that time and will work with the Board of Directors
WW’s CEO Mindy Grossman To Step Down Read More »
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
WW Reports 2nd Qtr. 2021 Results Read More »
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
Americans Pack On The Pounds During Pandemic Read More »
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 »