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…
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WW Pays FTC Penalty for Collecting Data on Minors.
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…
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Weight Loss Market Rebounds in 2021 From 25% Decline in 2020 – New Report
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…
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WW Reports Q4 and Year 2021 Results, Hires New CEO, Loses Rank as Largest Diet Company
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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Jenny Craig’s New “Max Up” Program
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…
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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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