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October 3, 2019 Noom has developed a weight-loss app and a personalized meal-planning service it says already is used by 45 million people worldwide that helps overweight people make behavioral changes that can help them slim down. Danish drug maker Novo says it has completed an eight-month pilot that combined Noom’s behavior change programs with …
Noom and Novo Nordisk Team Up – New Diet Service Read More »
Sept. 4, 2019 Oprah’s 2020 Vision: Your Life in Focus. Presented by WW (WW) – Weight Watchers Reimagined – Oprah will bring a full day wellness event to nine U.S. cities beginning January 2020. Joined by high profile guests, Oprah will help motivate audiences across the country. On each stop, attendees will spend the day with …
August 8, 2019 On Aug, 6th, the company reported that: “Member recruitment trends improved throughout the second quarter as we saw good response to our spring campaigns. End of period subscribers increased 1.5% year-over-year to 4.6 million – our highest level ever for a second quarter,” said Mindy Grossman, the Company’s President and CEO. “We …
WW Reports Q2 Results – Brighter Outlook, Stock Upgrades Read More »
August 2, 2019 Medifast reported 2nd quarter results yesterday, beating analyst expectations. Second quarter revenue increased 59.5% to $187.1 million from revenue of $117.3 million for the second quarter of 2018. OPTAVIA-branded products represented 75% of consumable units sold for the second quarter compared to 64% for the same period a year ago. The total …
July 23, 2019 A few days ago, DA Davidson upgraded WW stock to buy from neutral and said investor expectations for the 2020 diet season are too subdued. “WW has already reported improved recruitment trends, chatter on app download data indicates stabilization of subscriber trends, and our proprietary analysis of Reddit comments indicates keto interest …
How Good Are Stock Analyst Upgrades & Downgrades? – Weight Watchers Read More »
July 19, 2019. Somehow, quietly, Medifast, with its MLM model and Optavia product line, is poised to become the second largest weight loss company by revenues. If, as expected, it posts revenues of $700 million this year, it will outsell NutiSystem (projected flat sales of $692 million), Herbalife, and Jenny Craig. How did it do …
Medifast Flies Under the Radar, Pulls Off A Coup Read More »
July 19, 2019. Somehow, quietly, Medifast, with its MLM model and Optavia product line, is poised to become the second largest weight loss company by revenues. If, as expected, it posts revenues of $700 million this year, it will outsell NutiSystem (projected flat sales of $692 million), Herbalife, and Jenny Craig. How did it do …
Medifast Flies Under the Radar, Pulls Off A Coup Read More »
May 1, 2019 Medifast, Inc. today reported financial results for the first quarter ended March 31, 2019. “Our strong start to the year was fueled by a record number of active earning OPTAVIA Coaches and increased coach productivity,” commented Dan Chard, Medifast’s CEO. “These achievements helped generate first quarter revenue and earnings above our expectations and …
May 7, 2019 Weight Watchers International (WW) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of a loss of $0.26. This compares to earnings of $0.31 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 38.46%. The …
April 23, 2019 Marketdata LLC (theparent company of this website) has just published a brand new market research study entitled: “The Digital Weight Loss Market: Websites, Apps and More”, a 121-page analysis with 21 competitor profiles. This is a groundbreaking new analysis of weight loss… apps, websites, blogs, online courses, and telemedicine-related services. Digital or …