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…
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Herbalife Reports Q4 and Full Year 2021 Results
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…
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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?
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
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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WW Launches New Personal Points Program
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…
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Medifast Posts Strong Q3, Poised to Be #1 Weight Loss Firm
Nov. 5, 2021 Medifast continued its momentum into the 3rd quarter and is poised to reach 2021 yearly sales of $1.5 billion, topping even Weight Watchers revenue to take over the lead for the first time. This is truly a remarkable feat, in light of the fact that Medifast has never run a national TV…
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WW Reports Q3 Results, Misses Earning and Sales Estimates
Nov. 5, 2021 WW International posted revenues of $293.5 million for the quarter ended September 2021, missing the Consensus Estimate by 7.64%. This compares to year-ago revenues of $320.7 million. The company has topped consensus revenue estimates just once over the last four quarters. According to CEO Mindy Grossman: “In the coming days, we will…
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