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Dec. 5, 2022 Some new statistics related to the weight loss market have come out, from two sources. The first is related to bariatric surgeries. The ASMBS (American Society for Metabolic & Bariatric Surgery) has released an estimate of the number of surgeries for the total U.S. in 2020. There were 198,651 procedures performed, which […]
New Weight Loss Statistics, New Reports Read More »
Nov. 4, 2022 According to management: “We’ve seen faster than anticipated improvement in customer retention rates back to quarterly historical norms, as we focus on delivering a high quality experience for all customers,” said Dan Chard, Chairman & Chief Executive Officer. “At the same time, the world is in a period of economic disruption right now,
Medifast Reports Q3 Results Read More »
Nov. 4, 2022 WW reported its results for the 3rd quarter of 2022. Management said that: “We are encouraged by early indicators that our data-informed approach to product development – focused on our core pillars of community, accountability, and coaching – is starting to yield positive results,” said Sima Sistani, the Company’s CEO. “With nearly 60
Weight Watchers Reports Q3 Results Read More »
Sept. 19, 2022 Lawmakers are seeking to limit the sale of diet pills and weight loss supplements to children with the introduction of new bills in California and New York. The bills in California and New York would prohibit retailers from selling dietary supplements for weight loss and over-the-counter diet pills to anyone under the
New Bills To Ban Diet Pill Sales to Minors Read More »
Sept. 3, 2022 Found Health is a new weight loss company that claims to offer a science-backed solution for personalized, lasting weight care that addresses the missing link in the existing weight loss market: biology. Found is a direct-to-consumer healthcare company with a focus on supporting your weight loss journey holistically, based on the science of
Found Finds $ For New Weight Loss Venture Read More »
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 »
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 »
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 »
Feb. 24, 2022 Herbalife is a significant seller of meal replacements and weight management products such as shakes and nutrition bars, as well as appetite suppressants. It is one of the few public MLM companies for which we can obtain actual sales (along with Glanbia and Nu-Skin). The North America region reported net sales of
Herbalife Reports Q4 and Full Year 2021 Results Read More »