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Tag Archives: multi-level marketing

Medifast Reports 2nd Quarter Results

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…
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Medifast Reports Q1 2021 Results – On Track For $1.4 Billion In Sales

May 6, 2021 Medifast reported results for the first quarter ended March 31, 2021. "This has been an exceptional quarter of growth and productivity, reflecting the outstanding abilities of both our independent OPTAVIA Coaches and our employees," said Dan Chard, Chairman and Chief Executive Officer of Medifast. "We now have a record 52,500 OPTAVIA Coaches who are achieving new…
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Meal Replacements Do Well During The Pandemic

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…
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Multi-level Weight Loss Sales Are Huge

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…
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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 Q3 Results

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…
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Medifast Flies Under the Radar, Pulls Off A Coup

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…
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Medifast Flies Under the Radar, Pulls Off A Coup

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…
Read more