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 […]

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 […]