Tivity Health, a healthcare organization in the Southeast U.S., acquired NutriSystem, the weight loss company, in December 2018. Tivity ran NutriSystem under its Nutrition division for about 18 months, then wound up selling it, at a big loss, to private equity firm Kainos Capital. On Oct. 19, 2020 Kainos Capital agreed to acquire NutriSystem, from…
Read more
NutriSystem Reports 3rd Qtr. Results
Oct. 30, 2018 - Dawn Zier, President and CEO, stated, “I’m pleased we delivered year-over-year growth in the third quarter and adjusted EBITDA and earnings per share are aligned with expectations. South Beach growth remains strong and, most importantly, we see a clear path to return the Nutrisystem brand to growth in 2019.” Ms. Zier added, “During…
Read more
NutriSystem Reports Q3 Results
NutriSystem Report Q3 Earnings Nov. 3, 2014 -- NutriSystem today reported its 3rd quarter results. Main results were that: Revenue was $90.6 million up from $85.4 million in the third quarter of 2013; Adjusted gross profit margin improved 130 basis points to 51.4% and adjusted gross profit increased 9% versus prior year to $46.5 million.…
Read more