Posts Tagged ‘Dan Chard’

Medifast Reports Record Revenue for Q3 2019

Medifast Q3 2019

Medifast, Inc. (NYSE: MED) reported record revenue of $190.1 million for the third quarter ended September 30, 2019. Revenue was up 36.5 percent from $139.2 million for the third quarter of 2018. The total number of active earning OPTAVIA Coaches increased to 32,200, compared to 22,600 for the third quarter of 2018, a 42.5 percent increase. “Our focus on long-term, sustainable…

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Medifast Names Claudia Greninger New Human Resources Executive

Greninger

Medifast today announced it has named Claudia Greninger as executive vice president of Human Resources. Greninger is tasked with developing the company’s global talent management strategy, which encompasses recruitment, succession planning and employee development and retention. She will use Medifast’s core values of accountability, integrity, courage, teaming, empowerment, partnership and diversity to drive her efforts. “We are thrilled…

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Medifast Reports Record Revenue in Q2

Medifast Q2

Medifast, Inc. (NYSE: MED) yesterday reported record revenue million for the second quarter ended June 30, 2019. Second quarter revenue increased 59.5 percent to $187.1 million from revenue of $117.3 million for the second quarter of 2018. OPTAVIA-branded products represented 75 percent of consumable units sold for the second quarter compared to 64 percent for the same period a year ago. The total…

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U.S. DSA Announces 2019 Officers, Directors

Direct Seller Independence Act

The U.S. Direct Selling Association (DSA) recently announced elected officers and directors to the association’s Board of Directors.   Officers and directors of the association are recognized leaders who have earned the respect of their colleagues and the public and are committed to lead and direct the affairs of the association. The board officers will each serve one-year…

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Medifast/OPTAVIA Brings Healthy Habits to Underserved Communities

Healthy Habits

Medifast recently announced its commitment to bring healthy habits to kids and families in underserved communities. Through its partnerships with local and national nonprofits, the company’s philanthropic initiative Healthy Habits For All will work to provide the education and access necessary to make healthy habits a reality for everyone. “Health and wellness programs are often out…

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Medifast Revenue Up 68%, OPTAVIA Coaches Up 63% in Q1 2019

Medifast Q1 2019

Medifast, Inc. (NYSE: MED) reported revenue of $165.9 million for the first quarter ended March 31, 2019, an increase of 68.2 percent year-over-year. The company also reported active earning OPTAVIA Coaches of 27,200, an increase of 62.9 percent year-over-year. “Our strong start to the year was fueled by a record number of active earning OPTAVIA Coaches and increased coach productivity,” said Dan…

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Medifast Revenue Up 87% for Q4 2018; Up 66% for Full Year

Medifast Q3 2019

Medifast, Inc. (NYSE: MED) reported financial results for the fourth quarter and full year ended December 31, 2018. For the fourth quarter of 2018, revenue increased 87.0 percent to $145.8 million from revenue of $78.0 million for the fourth quarter last year. OPTAVIA-branded products represented 72 percent of consumable units sold for the fourth quarter of 2018 compared to 51…

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Medifast Q3 Revenue Up 80%; Primerica Up 13%

Medifast, Inc. (NYSE: MED) and Primerica, Inc. (NYSE: PRI) recently reported financial results for the third quarter ended September 30, 2018. Medifast For the third quarter of 2018, revenue increased 80.3 percent to $139.2 million from revenue of $77.2 million for the third quarter last year. OPTAVIA-branded products represented 70 percent of consumable units sold for the third quarter of 2018 compared to…

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Medifast/OPTAVIA Expands Executive Team to Support Asia-Pacific Expansion

Medifast Q3 2019

Medifast/OPTAVIA recently expanded its executive team to support its intended Asia-Pacific expansion, including Hong Kong and Singapore, in 2019. Tony Tyree has been appointed chief marketing officer and Fran Lawler has been appointed chief human resources officer, adding to the company’s leadership team as it prepares for international expansion with its lifestyle brand and Coach community, OPTAVIA®. The appointments follow those of Nicholas Johnson, president…

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