Medifast is a portion controlled, nutritionally balanced, low fat and clinically proven program that helps people lose weight faster and more effectively than traditional diet plans. Medifast Meals come in individual packets that you mix with water and microwave or refrigerate. Medifast is available in a wide variety of foods and flavors including shakes, soups, stew, chili, oatmeal, scrambled eggs, fruit drinks, iced teas, hot beverages, bars and puddings.
When Was Medifast incorporated?
Medifast was incorporated in Delaware in 2002. In 2003, Medifast Inc. was registered and listed on the American Stock Exchange.
How is Medifast Inc. structured?
Here at Medifast we take pride in our ability to cater to each individual customer's strengths and weaknesses. Because of our customer's diverse needs we have several distribution channels:
Medifast Direct - Medifast products are sold directly to the customer via website or an in house call center
Take Shape For Life - Medifast products are sold though a person to person model that utilizes trained health coaches for a unique blend of motivation, networking, and results.
Medifast Weight Control Clinics - Medifast products are sold through a brick and mortar model that allows for medical supervision and has on-site counselors to offer additional support.
Doctors - Since being developed by a doctor in 1980, Medifast has been recommended by over 15,000 doctors and can still be found through many physicians today.
Where is Medifast headquartered?
Owings Mills, Maryland
How many employees does Medifast have?
As of December 31, 2007 Medifast has approximately 244 employees.
What is Medifast's fiscal year?
Medifast's fiscal year ends on December 31st.
What is Medifast's current stock price?
Click here to see Medifast's current stock price.
*Note prices may be delayed up to 15 minutes
How can I purchase Medifast stock?
Please contact a registered stockbroker.
Does Medifast provide a direct stock purchase plan?
Medifast does not provide a direct stock purchase plan.
Does Medifast issue dividends on its common stock?
Medifast has not paid cash dividends since its inception and does not intend to do so in the projected future.
What exchange is Medifast traded on and what is the symbol?
Medifast's common stock is traded is traded on the New York Stock Exchange under the symbol "MED."
How many common shares are outstanding for Medifast?
Currently there are approximately 13.7 million common shares outstanding.
How can I get a copy of Medifast's current annual report?
Please click here to read an electronic copy of the current annual report.
Please click here to request a hard copy.
Who may I contact at Medifast for an investor packet?
Please click here to request an investor packet, or contact Brad Porterfield at IR@ChooseMedifast.com or 410-504-8166.
How do I get a copy of Medifast's SEC filings, including 10-K's and 10-Q's?