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, […]
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 […]
Several prominent companies are celebrating milestone anniversaries in 2022. Their continued success is a testament to the long-term viability and overall health of the channel.
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.