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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. …
Feb. 26, 2019 — As reported in a Medifast Press Release… “We are very pleased with our strong finish to 2018,” commented Dan Chard, Medifast’s Chief Executive Officer. “We reached a significant corporate milestone generating over $500 million in annual revenue and profitability exceeded our expectations. Importantly, we achieved these results while accelerating the level of …
Medifast Reports Q4 and 2018 Results, 2019 Forecasts Read More »
Feb. 26, 2019 – As reported in a company press release: “2018 was a significant year for WW. We launched WW FreestyleTM, built an expanded technology ecosystem, rebranded to WW and reinforced our mission to become the world’s partner in wellness,” said Mindy Grossman, President and CEO. “While we are proud of our accomplishments in …
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 …
NutriSystem Q4 2018 Results, Projects Flat 2019 2nd Year In A Row Read More »
Jan. 16, 2019 J.P. Morgan analyst Christina Brathwaite recently downgraded WTW stock due to “channel check” that indicated falling interest in WW. She claims that traffic to the WW website is down year over year, spelling trouble for enrollments, and that the app Noom is providing competition. Well, I have a problem with this assessment. …
Mystery J.P. Morgan Call on Weight Watchers – By J. LaRosa Read More »
Jan. 15, 2019 What do most consumers think about when they hear the term “wellness”? Some may think about being free of any disease, or being physically fit, or mentally fit. Do they also think about weight loss? Maybe. Maybe not. In any case, in America the term wellness has always been kind of vague …
Wellness May Be A Tough Sell for Diet Companies – By J. LaRosa Read More »
Jan. 9, 2019 A recent interview by the news site Cheddar, with Jenny Craig CEO Monty Sharma, revealed that the company is not stressing the wellness aspect of its program, in contrast to competitors such as WW (Weight Watchers). Mr. Sharma claims that consumers are confused by the term “wellness”. Rather, the company is placing …
Jenny Craig Takes Different Path – By J. LaRosa, Marketdata Read More »
Jan. 3, 2019 More people are beginning to use the “R” word – recession. Diet companies are included. WW, formerly known as Weight Watchers International Inc. , is one of the health and beauty companies in the D.A. Davidson coverage universe that’s “recession resistant,” analysts wrote in a Thursday note. Analysts used eight criteria to …
WW Is Recession-Resistant, Says Analyst – By J. LaRosa, Marketdata Read More »
Jan. 2, 2019 The TV ads by the diet companies have begun – so starts the 2019 “diet season”. Here are the pitches: WW (Weight Watchers… Lose 10 lbs. on us campaign, join for free, touting the Freestyle “For Every Body” program. More than 200 foods with zero points. Jenny Craig… Rapid Results plan, lose …
Dec. 20, 2018 Blue Apron is rolling out new meal kits that allow you to cook and lose weight in an easy and convenient way. The company’s box service product will exist as part of a partnership with WW (Weight Watchers) in 2019. The two companies will include weekly recipes that are inspired by the …
Blue Apron Partners With Weight Watchers – By J. LaRosa, Marketdata Read More »