7210 Wareham Drive, Tampa, FL 33647
August 5, 2022 WW (Weight Watchers) today reported its 2nd quarter 2022 results. According to management, Sima Sistani, the Company’s CEO… “2022 will be a transition year while we execute on a number of initiatives to simplify the business and build a foundation for profitable growth.” Amy O’Keefe, the Company’s CFO, said, “The actions that […]
WW Reports Q2 2022 Results Read More »
August 4, 2022 Medifast reported its Q2 2022 results. Management reported that: “We delivered another solid quarter at Medifast, with revenues up 15%, almost 15% growth in the number of active earning Coaches, and robust Coach productivity. The customized support of OPTAVIA Coaches remains a key differentiator for our business, and these results are a demonstration
Medifast Reports Q2 Results, Stock Price Sinks Read More »
May 6, 2022 WW reported its results for the first quarter of 2022. Amy O’Keefe, the company’s CFO, said, “We delivered EPS ahead of our guidance range for Q1, primarily due to lower marketing spend in our international markets, strong gross margin, and cost management. We have taken significant and decisive action to reset the
WW Reports 1st Quarter 2022 Results Read More »
May 2, 2022 “Record quarterly revenues, sharp acceleration in coach metrics and an increase in our annual financial guidance are powerful indications of the underlying strength of our business. We have record numbers of independent active earning OPTAVIA Coaches, helping us drive robust product demand and rapidly increasing digital engagement, and bolstering OPTAVIA to the #1 revenue
Medifast Reports 1st Quarter 2022 Results Read More »
March 9, 2020 The Federal Trade Commission has approved a $1.5 million joint settlement order from the commission and the Department of Justice against weight loss and fitness services provider WW International (formerly Weight Watchers) and its subsidiary Kurbo, Inc. In an unprecedented move, the FTC is also requiring WW to destroy all the data
WW Pays FTC Penalty for Collecting Data on Minors. Read More »
March 5, 2022 Marketdata’s new report, The U.S. Weight Loss Market: 2022 Status Report & Forecast (March 2022, 90 pp.) has just been released. Major Findings: The value of the U.S. weight loss market is estimated to have declined by a historic 25% in 2020, to $58 billion. as a result of closures of weight loss centers and
Weight Loss Market Rebounds in 2021 From 25% Decline in 2020 – New Report Read More »
March 2, 2022 Weight Watchers reported its 2021 revenues, and it’s official — Medifast is now the largest worldwide weight loss provider, by sales, with $1.5 billion, topping WW revenues of $1.2 billion for the first time. This is significant, and highlights the slippage in WW dominance of this market for decades. WW has been
WW Reports Q4 and Year 2021 Results, Hires New CEO, Loses Rank as Largest Diet Company Read More »
Dec. 30, 2021 Jenny Craig has come out with it’s new program for 2022, called Max Up. The company claims that: “…While on the Max Up program, participants can lose up to 18 pounds* and 5 inches** off their waist size in the first four weeks. For the first time, Max Up participants complete a new digital
Jenny Craig’s New “Max Up” Program Read More »
Nov. 7, 2021 This is the first time in the company’s history where no two plans are alike. Upon sign-up, members complete the new PersonalPoints Engine, WW’s proprietary assessment that merges a member’s food and activity preferences with WW’s nutritional algorithm to generate an individualized weight loss and wellness plan. Each member has a unique
WW Launches New Personal Points Program Read More »
Aug. 9, 2021 According to CEO Mindy Grossman: “We ended the quarter with 4.9 million subscribers, including 4.1 million Digital subscribers — an all-time second quarter-end high and up 6% year-over-year, but below our expectations. The strong Digital year-over-year growth momentum in Q1 slowed in the second quarter as we cycled against strong Digital performance
WW Reports 2nd Qtr. 2021 Results Read More »