Feb. 28, 2020 All the signs of a perfect storm are coming together. The stock market has fallen nearly 3,000 points this week and is now in "correction" territory--Wall Street's softer term for the crap is hitting the fan. A significant stock market decline is usually an advance indicator of an impending recession, based on…
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U.S. News Ranks The Best Diets
Jan. 2, 2020 U.S. News & World Report, the global authority in rankings and consumer advice, released its annual assessment of the year's Best Diets. For the millions of Americans making health-related resolutions for the New Year, the Best Diets platform offers rankings, data and information on 35 diet plans to help people across the…
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Commercial Diet Companies: 2019 Review, 2020 Outlook
Dec. 30, 2019 Based on 3rd quarter 2019 guidance by each company, it's looking like the top four weight loss companies will post a collective 3.6% sales increase for 2019 versus 2018, with revenues of $3.21 billion ($3.10 bill. in 2018). Adding in all the other smaller commercial franchises and chains, this segment of the…
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Jenny Craig Adds DNA Testing
Dec. 31, 2019 Jenny Craig’s new ad campaign promotes a DNA Decoder Plan that directs users toward the best food choices, based on their genetic makeup. The company will have dieters first swab their cheeks and send off their genetic material for analysis, before developing a meal and exercise plan. Jenny Craig follows other companies,…
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WW Launches New Plan
Nov. 11, 2019 "More options" and "more freedom" are key aspects of Weight Watchers' new customizable myWW program. For the first time, WW (Weight Watchers) is offering its members the opportunity to choose a program tailored to a member’s weight loss plan -- giving them “more flexibility” when it comes to the foods they eat. MyWW, allows members to…
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Weight Watchers Beats Q1 Estimates
May 7, 2019 Weight Watchers International (WW) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of a loss of $0.26. This compares to earnings of $0.31 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 38.46%. The…
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HIG Capital Buys Jenny Craig
April, 5, 2019 Private equity fund HIG Capital has purchased Jenny Craig from North Castle Partners, which had owned Jenny Craig since 2013. HIG managing director Jeff Zanarini said, “We believe Jenny Craig represents an ideal opportunity to invest in the premier provider of weight loss services, especially with the rising prevalence of overweight adults.…
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NutriSystem Q4 2018 Results, Projects Flat 2019 2nd Year In A Row
Feb. 20, 2019 - NutiSystem reported its full-year 2018 and 4th Quarter result, along with new partner Tivity health. CEO Dawn Zier said: " To provide some color around the start of 2019, our early diet season trends indicate mixed results. On the program and product innovation front, our focus has been on personalized nutrition…
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