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…
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Medifast Posts Strong 2020 Results
Feb. 26, 2021 Medifast reported Q4 and full year 2020 results. To achieve any kind of growth during a year of pandemic and recession is admirable. To post the kind of record sales that Medifast did last year is just remarkable. The company continues to post impressive growth and is now the #2 weight loss…
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WW Launches 360 App-based Membership Plan
Jan 5, 2021 WW announces its newest membership plan, Digital 360, designed to give members next-level support, motivation and accountability through live and on-demand content. "The experience is powered by a new group of inspiring WW coaches who have expertise in what members need - including fitness, mindfulness and applied clinical psychology. Members can follow…
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Weight Watchers Reports Q3 Results
Nov. 2, 2020 According to Mindy Grossman, the company's President and CEO: "We ended the quarter with 4.7 million subscribers, marking a new record for a third quarter close. We accelerated initiatives that were already underway to create a truly differentiated, tech-enabled, member experience. Building on the massive success of the m yWW food program, we are thrilled…
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WW Teams Up With Amazon, Launches Halo
Aug. 29, 2020 WW has collaborated with Amazon for the launch of Amazon Halo, a health and wellness membership and wearable device that uses technology to provide personal wellness insights. The Amazon collaboration will provide consumers with the latest in personal health and wellness technology, demonstrating our shared commitment to offering consumers science-backed, cutting edge…
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Medifasts Reports Q2 Results
August 6, 2020 "This has been a strong quarter for Medifast, with strong demand and engagement among OPTAVIA Coaches and Clients helping to deliver meaningful revenue growth," said Dan Chard, CEO of Medifast. "We have more active earning Coaches than at any point in our history, and Coach productivity is up substantially quarter-over-quarter near all-time highs..." "We have…
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WW Reports 2nd Quarter Results
Aug. 4, 2020 “We ended the quarter with our highest-ever Q2 subscriber base of 5.0 million, driven by a record level of digital subscribers, which were up 23% year-over-year. These milestones combined with the strength in digital revenues and our high margins are all testament to the work of our teams and talent around the…
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Weight Loss Market Pivots To Survive Covid-19: New Report, 2020 Forecasts
June 12, 2020 Marketdata has released a new 65-page study: Status of The U.S. Weight Loss Market: Effects of The Pandemic. This is a complete analysis and forecast of ALL major segments of the U.S. diet market. “The Covid-19 crisis has forced many weight loss businesses to accelerate their operations toward the virtual delivery of…
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