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Tag Archives: weight loss business

Medifast Posts Strong 2020 Results

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…
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Tivity Health Bails Out on NutriSystem Too Early

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…
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How Dieters Are Responding To The Pandemic

Jan. 25, 2021 Robard just recently did a webinar featuring Patrick O'Neil at the Medical University of South Carolina. In that webinar, he discussed working with obese patients, and what their program has been seeing, and how they've changed their services to adapt to the limitations of the pandemic. This is a multidisciplinary medical weight…
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WW Launches 360 App-based Membership Plan

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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U.S. Adult Obesity Rate Tops 40% For First Time, Covid-19 To Blame

Oct. 20, 2020 No surprise here... The U.S. adult obesity rate stands at 42.4 percent, the first time the national rate has passed the 40 percent mark, providing further evidence of the country’s obesity crisis. The national adult obesity rate has increased by 26 percent since 2008. With consumers working and staying at home during…
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WW Reports 2nd Quarter Results

Aug. 4, 2020 “We ended the quarter with our highest-ever Q2 subscriber base of 5.0 million, driven by a record level of digital subscribers, which were up 23% year-over-year.  These milestones combined with the strength in digital revenues and our high margins are all testament to the work of our teams and talent around the…
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Weight Loss Market Pivots To Survive Covid-19: New Report, 2020 Forecasts

June 12, 2020 Marketdata has released a new 65-page study: Status of The U.S. Weight Loss Market: Effects of The Pandemic. This is a complete analysis and forecast of ALL major segments of the U.S. diet market.  “The Covid-19 crisis has forced many weight loss businesses to accelerate their operations toward the virtual delivery of…
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Weight Watchers Bounces Back

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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