Common Practices. Managerial Courage. Calculated Risk. If a founder’s belief in a hero product starts a company on its journey toward the billion-dollar mark, then it’s stellar decision-making and a determined field that can propel them into momentum and triple digit multimillion-dollar status. But scaling to a billion or more? What does it take to get […]
Medifast, Inc., the parent company for direct selling health and wellness subsidiary OPTAVIA, reported annual revenue of $1.526 billion in 2021, a 63.2% increase over the previous year. Net income also saw enormous gains of 59.5% to equal $164 million. EPS for the year was $13.89, a 60% increase over 2020 levels. The fourth quarter […]
Medifast, the parent company of direct selling organization OPTAVIA, was included in FORTUNE Magazine’s list of the top 100 Fastest-Growing Companies. This is the third consecutive year that Medifast has received this recognition.
Medifast, Inc., the parent company of direct selling organization OPTAVIA, announced that its Board of Directors has declared a $1.42 quarterly cash dividend. This dividend will be payable on February 8, 2022 to stockholders of record on December 21, 2021.
Medifast, Inc. announced its third quarter financial results, reporting revenue of $413.4 million, a 52.3% increase in revenue over the same quarter of 2020. Net income increased 21.9% to $42 million with earnings per diluted share of $3.56, an increase of 22.3%.
Medifast, Inc., parent company of direct selling company OPTAVIA, announced the declaration of a quarterly cash dividend of $1.42, payable on November 8, 2021 to stockholders of record as of the close of business on September 21, 2021.
With this digital tool, clients will have access to their order history, autoship details, account information, Lean & Green recipes and more. The app, which launched late last month, has been downloaded almost 150,000 times.
Medifast, Inc., the global parent company of direct selling organization OPTAVIA, released its second quarter financial results, showing a 79.2% increase in revenue during the quarter, totaling $394.2 million. Active earning OPTAVIA Coaches also grew (62.2%) to a record level of 59,200.
As part of the convention and through onsite donation opportunities, the OPTAVIA Community raised over $100,000 for nonprofits which advance the company’s mission of providing children with education and access to resources that support healthy habits.
A nationally-representative survey conducted for Medifast, the parent organization for direct selling company OPTAVIA, illustrated consumer health priorities and motivator findings.
Medifast, Inc., the parent company of direct selling company OPTAVIA, announced a quarterly cash dividend declared by the company’s Board of Directors. The cash dividend of $1.42 will be payable on August 6, 2021 to stockholders of record on June 22, 2021.
Medifast, Inc.’s financial results for the first quarter of 2021 report a 61% growth in active earning OPTAVIA coaches, a new record amount of 52,500, and a 90.9% increase in revenue, reaching $340.7 million. The company’s net income also increased 122% to $41.1 million.