weight loss apps

Medifast Reports Q4, Full Year Results, Becomes Largest Weight Loss Company by Sales

Feb. 24, 2022 It’s official now. Medifast, an MLM model company, has surpassed Weight Watchers as the world’s largest weight loss provider, with 2021 revenues of $1.5 billion. CEO Dan Chard said that: “With this engine powering our momentum, we have moved from $275 million in revenue prior to the launch of OPTAVIA and the …

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Trouble at Noom?

News, Uncategorized / By John LaRosa

Feb. 3, 2022 As reported here and in many other publications, Noom’s rapid growth as a weight loss program is well known. The company may plan an IPO this year, and it’s estimated that revenues topped $600 million last year. The company has raised $669 million to date. However, there may be some weak spots. …

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Americans Add Weight During Pandemic, Noom Prospers

News, Uncategorized / By John LaRosa

Dec. 13, 2021 As reported in a recent INC. magazine article, a survey by the American Psychological Association found that some 42 percent of U.S. adults gained unwanted weight in the first year of the pandemic. This helps explain the boom year Noom had for its weight-loss service in 2020, with sales estimated at more …

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Noom, Weight Loss App Company, Eyes Possible IPO

News, Uncategorized / By John LaRosa

May 19, 2021 Noom Inc., a popular app targeted to help weight loss, is said to have obtained funding from the private equity firm Silver Lake ahead of a potential IPO. Noom is said to be worth $4 billion in its latest funding round, according to a Bloomberg report yesterday. The company, which hopes to be …

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New Weight Loss Market Research Coming – Health Clubs Take A Beating in 2020

News, Uncategorized / By John LaRosa

Feb. 10, 2021 Marketdata is now updating its largest, best-selling biennial report: “The U.S. Weight Loss & Diet Control Market”, due to be released in 3-4 weeks. Research so far has uncovered a few things about some of the market segments and how they fared in 2020 during the pandemic. One part of the weight …

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WW Launches 360 App-based Membership Plan

News, Uncategorized / By John LaRosa

Jan 5, 2021 WW announces its newest membership plan, Digital 360, designed to give members next-level support, motivation and accountability through live and on-demand content. “The experience is powered by a new group of inspiring WW coaches who have expertise in what members need – including fitness, mindfulness and applied clinical psychology. Members can follow …

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WW Teams Up With Amazon, Launches Halo

News, Uncategorized / By John LaRosa

Aug. 29, 2020 WW has collaborated with Amazon for the launch of Amazon Halo, a health and wellness membership and wearable device that uses technology to provide personal wellness insights. The Amazon collaboration will provide consumers with the latest in personal health and wellness technology, demonstrating our shared commitment to offering consumers science-backed, cutting edge …

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Weight Watchers Bounces Back

News / By John LaRosa

June 16, 2020 As of this morning writing on June 16, WW stock (WW) is up nearly 17%, due to positive news. WW issued an update on its Q2 fiscal 2020 trends to date, which reflects a strong digital business, courtesy of the social distancing and the company’s focus on digital transformation. As of Jun …

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WW Reports Q1 2020 Results

News / By John LaRosa

April 28, 2020 WW (Weight Watchers reported today that: Q1 2020 End of Period Subscribers up 9% year-over-year to 5.0 million, an all-time Q1-end high. Q1 2020 Revenues of $400 million, up 10%, or 11% on a constant currency basis, year-over-year. Launches Virtual Workshops globally, as a response to Studio closures, keeping the WW community …

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Where’s All The Weight Loss TV Ads?

News / By John LaRosa

April 20,2020 Marketdata analysts are seeing plenty of TV commercials lately by Noom, a few by NutriSystem, but little from any of the other competitors? What’s going on with the marketing departments of WW and Jenny Craig? It’s still prime diet season until Memorial Day, although admittedly, consumers have other things on their mind right …

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