Company
Headquarters: Baltimore, MD, United States
Founded: 1980
Employees: 984
CEO: Mr. Daniel R. Chard
$702.6 Million
USD as of Jan. 1, 2024
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Medifast, Inc., through its subsidiaries, manufactures and distributes weight loss, weight management, healthy living products, and other consumable health and nutritional products in the United States and the Asia-Pacific. The company offers bars, bites, pretzels, puffs, cereal crunch, drinks, hearty choices, oatmeal, pancakes, pudding, soft serves, shakes, smoothies, soft bakes, and soups under the OPTAVIA, Optimal Health by Take Shape for Life, and Flavors of Home brands. It markets its products through point-of-sale transactions over ecommerce platform. The company was founded in 1980 and is headquartered in Baltimore, Maryland.
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Medifast, Inc. has the following listings and related stock indices.
Stock: NYSE: MED wb_incandescent
Stock: BME: MDF wb_incandescent
Stock: FSX: MDF wb_incandescent
Stock: OTC: DUROF wb_incandescent
Medifast diet
Daniel R. Chard, CEO
Revenue: US$ 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)