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March 9, 2020 Based on our research over the past few decades, only about 3.4% of dieters prefer to visit a physician’s office, hospital or medical clinic for a weight loss program. 80-85% or so use a do-it-yourself program (retail meal replacements, OTC diet pills, online purchases), and the balance use a commercial chain or […]
Coronavirus Could Hurt Medical Weight Loss Programs Read More »
Feb. 27, 2020 Medifast (MED) posted revenues of $170.63 million for the 4th quarter ended December 2019, surpassing the Consensus Estimate by 5.33%. This compares to year-ago revenues of $145.8 million. The company has topped consensus revenue estimates three times over the last four quarters. Fourth Quarter 2019 Highlights Compared to Prior-Year Period Revenue up
Medifast Beats on Earnings & Revenues, Q4, full-year report Read More »
Feb. 25, 2020 “2020 is off to a terrific start. The global launch of the new myWW program is resonating in every market, the WW Presents: Oprah’s 2020 Vision tour in the U.S. has been engaging sold-out crowds siad Mindy Grossman, the firm’s President and CEO. “Right now, we have more than 5 million members globally – a new
WW Reports Q4 2019, Full Year Results Read More »
Feb. 20, 2020 Tivity Health (stock symbol TVTY), the parent company that acquired NutriSystem last year, reported weak earnings and guidance and its CEO Donald Tramuto resigned, as did NutriSystem’s Chief Marketing Office, Kiera Krausz. The stock price plummeted Thursday morning, falling 44%. According to management in their conference call: “…Admittedly, the Nutrition business has
Tivity Health, Parent of NutriSystem, Falters Read More »
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
U.S. News Ranks The Best Diets Read More »
Dec.27, 2019 Nutrisystem has launched a new weight-loss program focused on body type, individual goals and food tastes. Nutrisystem uses a proprietary algorithm to determine the best plan for a customer, delivers food for more than half of the program’s caloric intake to the customer’s home, and then leaves the remaining calories from fresh grocery
NutriSystem Debuts New Program Read More »
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
WW Launches New Plan Read More »
Nov. 8, 2019 “Our focus on long-term, sustainable growth at Medifast continued during the third quarter as we achieved record revenues, rapid year over year growth in the number of active earning coaches and solid growth in gross profits and net income,” said Dan Chard, Chief Executive Officer of Medifast.” Chard continued, “Growth at the rapid
Medifast Reports Q3 Results Read More »
Nov. 5, 2019 “As our strong marketing execution successfully recruited new members and retention continued to increase, we outperformed our expectations for subscriber growth, resulting in our highest-ever end of period subscribers in a third quarter,” said Mindy Grossman, the company’s CEO. “Next week, we will be launching our new program – our most customized yet
WW Reports 3rd Quarter Performance Read More »
Oct. 28, 2019 Jenny Craig and Walgreens will open 100 Jenny Craig at Walgreens locations nationwide in January 2020. This collaboration marks the first time Jenny Craig will offer its services at a national drugstore chain in the U.S. and the first time customers will be able to receive personalized health and weight loss management
Walgreens Partners With Jenny Craig Read More »