Medifast, the parent company OPTAVIA, released its fourth quarter and full year financial results for 2022. In Q4, revenue for the company reached $337.2 million, a 10.7% decline from the previous year’s quarter, with a net income of $26.5 million and earnings per diluted share of $2.41.

A survey by Medifast found that 81% of U.S. adults have cut their spending in the last six months. 70% of those surveyed said they “do not plan on letting their health and wellbeing falter.”

Medifast, the parent company of direct selling organization OPTAVIA, was recognized by FORTUNE Magazine for the fourth consecutive year on its list of 100 Fastest-Growing Companies.

Medifast, the parent company of direct selling organization OPTAVIA, announced a return to historic norms for customer retention rates, resulting in third quarter revenue of $390.4 million, with revenue per active earning coach averaging $5,897, down from $6,773 during the same quarter last year.

OPTAVIA was honored by independent market research firm Euromonitor International as the #1 Weight Loss Program in the U.S. by Revenue for 2021.

Medifast, the parent company of direct selling organization OPTAVIA, published “Healthy Habits Associated with Successful Weight Loss Maintenance on a Commercial Program: Learnings from a Research Survey” in the Food and Nutrition Sciences journal. Analyzing self-reported data from the OPTAVIA Community of Coaches and Clients, the study found that those who experienced long-term weight loss […]

In a partnership with WeAreTeachers, a resource hub for educators, Medifast, the parent company of direct selling organization OPTAVIA, launched a free nationwide K-5 curriculum promoting healthy habits.

Medifast, the parent company of direct selling organization OPTAVIA, reported 15% revenue growth during the second quarter of 2022, totaling $453.3 million.

More than 17,000 people registered for Medifast’s annual OPTAVIA Convention that filled and sold out the State Farm Arena in Atlanta, Georgia.

Medifast, the parent company for direct selling organization OPTAVIA, released the findings for their survey that explored the dieting patterns and health perspectives of more than 2,000 U.S. adults.

Medifast announced the opening of the Medifast Product Innovation Center, a new research and development hub that has been designed to support innovation as the company focuses on expansion.

Medifast, the global parent company for direct selling brand OPTAVIA, announced increases across the board for the first quarter of 2022, when compared to the same period last year. Revenue for the company increased 22.6%, reaching $417.6 million, while net income grew 1.7%, to $41.8 million. The number of active OPTAVIA Coaches saw 21.7% growth, […]