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Tag Archives: medifast

Its turnaround complete, Medifast looks to international markets (access required)

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 (access required)

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 (access required)

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 president to step down (access required)

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 (access required)

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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Medifast says 2nd quarter results show restructuring paying off (access required)

Owings Mills-based Medifast Wednesday reported its second-quarter results, with earnings of $.48 per diluted share meeting analysts’ forecasts. The company’s net revenue from continuing operations was $5.8 million compared to $6.6 million, or $0.50 per diluted share, for the second quarter of 2014. Medifast ...

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