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March 4, 2024 U.S. Weight Loss Market Now Worth $90 Billion, Obesity Drug Sales Soar March 4, 2024 Marketdata LLC has just published a new analysis of the weight loss market: “The U.S. Weight Loss Market: 2024 Status Report & Forecast”, March 2024, 107 Pages Some findings: The total U.S. weight loss market is estimated […]
U.S. Weight Loss Market Worth $90 Billion, Boosted by Diet Drugs Read More »
Aug. 8, 2023 Second quarter 2023 revenue decreased 34.7% to $296.2 million from $453.3 million for the second quarter of 2022, primarily driven by a decrease in the number of active earning OPTAVIA Coaches and the decline in the productivity per active earning OPTAVIA Coach. The average revenue per active earning OPTAVIA Coach was $5,578, compared to $6,667 for the second quarter last year, a
Medifast Reports Q2 Results Read More »
March 20, 2023 Marketdata LLC, Tampa, FL, has just released it 17th Edition of its best-selling market research report: “The U.S. Weight Loss & Diet Control Market”. At 427 pages, with 160 Tables & Charts and 34 in-depth diet company competitor profiles, this is the most comprehensive analysis anywhere of the market. Some findings… The
Weight Loss Market Recovers to $75 Billion – New Marketdata Report Read More »
March 5, 2022 Marketdata’s new report, The U.S. Weight Loss Market: 2022 Status Report & Forecast (March 2022, 90 pp.) has just been released. Major Findings: The value of the U.S. weight loss market is estimated to have declined by a historic 25% in 2020, to $58 billion. as a result of closures of weight loss centers and
Weight Loss Market Rebounds in 2021 From 25% Decline in 2020 – New Report Read More »
Nov. 5, 2021 Medifast continued its momentum into the 3rd quarter and is poised to reach 2021 yearly sales of $1.5 billion, topping even Weight Watchers revenue to take over the lead for the first time. This is truly a remarkable feat, in light of the fact that Medifast has never run a national TV
Medifast Posts Strong Q3, Poised to Be #1 Weight Loss Firm Read More »
August 6, 2021 Medifast reported its results for Q2 2021 on August 4. “This has been another outstanding quarter for Medifast, driven in large part by our success in driving growth in independent OPTAVIA Coaches to new highs, and empowering those Coaches to be more productive than ever before.” said Dan Chard, Chairman & Chief Executive Officer
Medifast Reports 2nd Quarter Results Read More »
March 18, 2021 Marketdata LLC, has just released the new 16th edition of its best-selling report: “The U.S. Weight Loss & Diet Control Market”. This is a 438-page analysis of ALL segments of the market — commercial chains, medical programs, diet foods, soft drinks, meal replacements, diet books, Rx diet drugs, bariatric surgeries, the health
Marketdata Publishes New Weight Loss Report: Findings 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 »
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 »
July 19, 2019. Somehow, quietly, Medifast, with its MLM model and Optavia product line, is poised to become the second largest weight loss company by revenues. If, as expected, it posts revenues of $700 million this year, it will outsell NutiSystem (projected flat sales of $692 million), Herbalife, and Jenny Craig. How did it do
Medifast Flies Under the Radar, Pulls Off A Coup Read More »