Company
Medifast, Inc.
Headquarters: Baltimore, MD, United States
Founded: 1980
Employees: 984
CEO: Mr. Daniel R. Chard
Market Cap
$204.4 Million
USD as of July 1, 2024
Medifast, Inc. Categories
United States Consumer Discretionary Personal ServicesUnited States Consumer Discretionary United States Personal Services
Top Competitors by Market Capitalization
Industry: Personal Services
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Detailed Description
Medifast, Inc., through its subsidiaries, manufactures and distributes weight loss, weight management, healthy living products, and other consumable health and nutritional products in the United States and the Asia-Pacific. The company offers bars, bites, pretzels, puffs, cereal crunch, drinks, hearty choices, oatmeal, pancakes, pudding, soft serves, shakes, smoothies, soft bakes, and soups under the OPTAVIA, Optimal Health by Take Shape for Life, and Flavors of Home brands. It markets its products through point-of-sale transactions over ecommerce platform. The company was founded in 1980 and is headquartered in Baltimore, Maryland.
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Stocks & Indices
Medifast, Inc. has the following listings and related stock indices.
Stock: NYSE: MED wb_incandescent
Stock: BME: MDF wb_incandescent
Stock: FSX: MDF wb_incandescent
Stock: OTC: DUROF wb_incandescent
Product & Services
Medifast diet
Key People
Daniel R. Chard, CEO
Financials
Revenue: US$ 934.8 million (2020)
Operating income: US$ 134.2 million (2020)
Net income: US$ 102.9 million (2020)
Total assets: US$ 276.1 million (2020)
Total equity: US$ 157.2 million (2020)