7210 Wareham Drive, Tampa, FL 33647
Nov. 4, 2022 According to management: “We’ve seen faster than anticipated improvement in customer retention rates back to quarterly historical norms, as we focus on delivering a high quality experience for all customers,” said Dan Chard, Chairman & Chief Executive Officer. “At the same time, the world is in a period of economic disruption right now, …
March 7, 2021 Marketdata’s research to update its study: “The U.S. Weight Loss & Diet Control Market” continues. One of the key chapters in this upcoming report tracks the meal replacements (powdered shakes, nutrition bars) and appetite suppressants market (retail and MLM non-prescription diet pills). Meal replacements have done well in 2020. Diet pills, not …
March 2, 2021 When one thinks about the giants of the U.S. weight loss market, people usually assume that most of the sales go to Weight Watchers, NutriSystem and Jenny Craig. With the exception of WW, they’d be wrong. Today, the MLM (multi-level marketing) companies capture a major share of sales of weight loss products …
Feb. 26, 2021 Medifast reported Q4 and full year 2020 results. To achieve any kind of growth during a year of pandemic and recession is admirable. To post the kind of record sales that Medifast did last year is just remarkable. The company continues to post impressive growth and is now the #2 weight loss …
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 …
Herbalife’s U.S. Sales of Weight Loss Products at $633 Million in 2019 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 …
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 …
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 »
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 »