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Tag Archives: medifast

Its turnaround complete, Medifast looks to international markets

In the last year, Medifast has revitalized its business model and put itself in a position to grow abroad. Investors have noticed. The stock price for the Baltimore-based weight loss and nutrition company has grown by more than five times ...

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Medifast sees growth in largest division, but overall revenue down in 2Q

Owings Mills-based Medifast Inc. saw its revenue drop year-over-year in the second-quarter of 2016, with $71.1 million compared to last year’s $72.2 million. Second-quarter income from continuing operations was $3.4 million, or $0.29 per diluted share, compared with $5.8 million ...

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Medifast announces new product line

Medifast, the Owings Mills-based company that sells weight-loss plans and its own line of meals and snacks, as well as employs a growing army of health coaches, is launching a new product line to bolster its largest revenue stream. OPTAVIA is a ...

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Medifast Q1 income dips, but revenue projections boosted

In first three months of 2016, Medifast saw a slight drop in income over the same period last year, with earnings of $0.36 per diluted share, or $4.3 million, compared with $4.4 million in 2015, the company announced Wednesday. Nonetheless, ...

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Medifast president to step down

Medifast President and Chief Operating Officer Margaret Sheetz is leaving the company next month. Sheetz, who also serves as CEO of Take Shape for Life, a weight-loss and health-living operation that is a Medifast subsidiary, will step down April 8 ...

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Medifast touts higher-than-expected earnings in Q3

Medifast, the Owings Mills-based company that offers weight-loss plans and its own brand of meals and snacks, reported its third-quarter results Thursday, with earnings of $.45 per diluted share exceeding forecasts. Income from the company’s continuing operations was $5.4 million, ...

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