Feb. 26, 2021 Where does one get details about commercial weight loss centers -- how much revenues they gross per year, their profits, their payroll, their characteristics, how many of them operate in the country? There ARE a few sources, in the absence of a national trade association for the industry. One can obtain the…
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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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Herbalife’s U.S. Sales of Weight Loss Products at $633 Million in 2019
May 19, 2020 Herbalife Intl. is a well-known MLM (multi-level marketing) company that sells weight loss products in the U.S. and abroad. It sells meal replacements (protein shakes, drink mixes, weight loss enhancers and healthysnacks). However, what some may not know is that, based on its sales, it ranks as the third largest weight loss…
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Medifast Reports Q2 Results, Tops Estimates
August 2, 2019 Medifast reported 2nd quarter results yesterday, beating analyst expectations. Second quarter revenue increased 59.5% to $187.1 million from revenue of $117.3 million for the second quarter of 2018. OPTAVIA-branded products represented 75% of consumable units sold for the second quarter compared to 64% for the same period a year ago. The total…
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Medifast Reports Q1 Results
May 1, 2019 Medifast, Inc. today reported financial results for the first quarter ended March 31, 2019. "Our strong start to the year was fueled by a record number of active earning OPTAVIA Coaches and increased coach productivity," commented Dan Chard, Medifast's CEO. "These achievements helped generate first quarter revenue and earnings above our expectations and…
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Virtual Weight Loss Is A $1.4 Billion Market
April 23, 2019 Marketdata LLC (theparent company of this website) has just published a brand new market research study entitled: "The Digital Weight Loss Market: Websites, Apps and More", a 121-page analysis with 21 competitor profiles. This is a groundbreaking new analysis of weight loss... apps, websites, blogs, online courses, and telemedicine-related services. Digital or…
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How To Fix Weight Watchers
April 16, 2019 Recently, a J.P. Morgan analysts, Christina Brathwaite, claimed that WTW's business was eroding, based on a 40% yoy drop in daily average users of the company's app. This assessment triggered a sell-off and worried investors. However, It is Marketdata's contention that this assessment was reckless and represented a woefully incomplete picture of…
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Marketdata Publishes New Weight Loss Market Study – Market Tops $72 Billion
Marketdata LLC, Tampa, FL (www.marketdataenterprises.com) has just released its new 15th edition of "The U.S. Weight Loss & Diet Control Market", a 457-page detailed analysis / market research report. The report costs $1,895 at the Marketdata website (report #FS67). Also sold by single chapters--call for prices. $99 Executive Overview, 44 pp. This is the 30th…
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