Press Releases
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Medifast Weight Control Centers to Open in California
Jun 3, 2008
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OWINGS MILLS, Md., June 3, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Medifast, Inc. (NYSE: MED) today announced that Medifast Franchise Systems has sold the rights to open four Medifast Weight Control Centers in Southern California and three Medifast Weight Control Centers in Central California to two different local business operators...
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Medifast, Inc. to Present at the Canaccord Adams Diabetes & Obesity Conference
Jun 2, 2008
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OWINGS MILLS, Md., June 2, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Medifast, Inc. (NYSE: MED) announced today that Michael S. McDevitt, Chief Executive Officer and Chief Financial Officer, will make a presentation at the Canaccord Adams Diabetes & Obesity Conference on Friday, June 6, 2008, at 9:40 a.m. PT at the Hotel Nikko S...
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Medifast, Inc. Names Barry B. Bondroff, CPA to Board of Directors
May 13, 2008
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OWINGS MILLS, Md., May 13, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Medifast, Inc. (NYSE: MED), a leading portion-controlled weight loss program, today announced that Barry B. Bondroff, CPA has been named to the Board of Directors. Bondroff, currently a Senior Managing Director with SMART, a diverse team of business advisory professio...
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Medifast Announces First Quarter 2008 Financial Results
May 12, 2008
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OWINGS MILLS, Md., May 12, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Medifast, Inc. (NYSE: MED) announced today first quarter financial results for the period ended March 31, 2008.
Financial highlights included:
-- First quarter revenues increased 25%;
-- Gross margins increased to 75.8% vs. 74.8%
-- The ...
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Medifast, Inc. to Announce First Quarter of Fiscal Year 2008 Financial Results on Monday, May 12, 2008
May 5, 2008
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OWINGS MILLS, Md., May 5, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Medifast, Inc. (NYSE: MED) announced today that it will release first quarter of fiscal year 2008 financial results for the period ended March 31, 2008 on Monday, May 12, 2008. The Company will hold a conference call and web cast to discuss the results on Monday, May 1...
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Medifast Announces Year-end 2007 Financial Results
Mar 12, 2008
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OWINGS MILLS, Md., March 12, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Medifast, Inc. (NYSE: MED) announced today financial results for the fourth quarter and the year ended December 31, 2007.
Financial highlights included:
-- Annual revenues increased 13%;
-- Fourth quarter consolidated revenues increased 29% com...
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Medifast, Inc. to Announce Fourth Quarter and Fiscal Year-End Results on Wednesday, March 12, 2008
Mar 5, 2008
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OWINGS MILLS, Md., March 5, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Medifast, Inc. (NYSE: MED) announced today that it will release fourth quarter and fiscal year-end financial results for the period ended December 31, 2007 on Wednesday, March 12, 2008 after the market closes. The Company will hold a conference call and webcast to di...
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Medifast Franchise Systems Sells First Territory in Baltimore
Feb 18, 2008
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OWINGS MILLS, Md., Feb 18, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Medifast, Inc. (NYSE: MED) today announced that Medifast Franchise Systems has sold its first franchise of Medifast Weight Control Centers. The Company has sold the rights to open four Medifast Weight Control Centers in the Greater Baltimore Metropolitan Area.
The...
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Medifast Outperforms American Diabetes Association Diet by Twice the Weight Loss According to Published Study
Feb 11, 2008
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OWINGS MILLS, Md., Feb 11, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Medifast, Inc. (NYSE: MED) today announced that a study conducted by researchers at the Johns Hopkins University Bloomberg School of Public Health, showing the Medifast Program outperforms the American Diabetes Association (ADA) recommended diet for patients with type...
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Medifast Offers 5 Heart Healthy Tips in Recognition of Friday's National Wear Red Day
Jan 31, 2008
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OWINGS MILLS, Md., Jan 31, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- In recognition of National Wear Red Day, Medifast, Inc. (NYSE: MED) is offering 5 heart healthy tips to help Americans fight heart disease, the #1 killer among women in the country. National Wear Red Day is Friday, February 1, when Americans nationwide will take women...
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Medifast Board Member, Reverend Joseph D. Calderone O.S.A., Named Interim President of Merrimack College
Jan 18, 2008
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OWINGS MILLS, Md., Jan 18, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Medifast, Inc. (NYSE: MED), a leading portion-controlled weight loss program, today announced that board member Reverend Joseph D. Calderone O.S.A., has been named interim president of Merrimack College, located in North Andover, MA.
Prior to his appointment as in...
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New Momentum by Medifast(TM) Product Line Tailored for Weight Loss Plateaus and Weight Maintenance
Jan 14, 2008
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OWINGS MILLS, Md., Jan 14, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Medifast, Inc. (NYSE: MED), a leading portion-controlled weight loss program, today announced the launch of its new product line Momentum by Medifast, the first product line in the weight loss industry designed specifically to induce thermogenesis. Medifast also launc...
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Medifast Offers Stranded Pure Weight Loss Clients Unique Options
Jan 3, 2008
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OWINGS MILLS, Md., Jan 03, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Medifast, Inc. (NYSE: MED) today announced that the Company is offering a special deal for clients of the recently closed Pure Weight Loss centers. Medifast is offering Pure Weight Loss clients $55 Off a Purchase of $250 or more by using code PURE at www.puremedifast....
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Medifast, Inc. to Unveil New Advertising Campaign Featuring Genie Francis and New Web Features in Early 2008
Dec 26, 2007
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OWINGS MILLS, Md., Dec 26, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Medifast, Inc. (NYSE: MED) today announced that the Company will unveil a new advertising campaign featuring television, print and web banner ads in early 2008. The focus of the campaign will be celebrity spokeswoman Genie Francis, who reached her goal of losing over ...
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Medifast Receives Notice Regarding NYSE Listing
Dec 26, 2007
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OWINGS MILLS, Md., Dec 26, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Medifast, Inc. (NYSE: MED) announced today that it has been notified by the New York Stock Exchange (the "NYSE") that it is not in compliance with the NYSE's continued listing standards. Medifast, Inc. is considered below criteria by the NYSE because over a consecutiv...
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Medifast to Announce Third Quarter Results on Thursday, November 8th
Nov 5, 2007
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OWINGS MILLS, Md., Nov 05, 2007 (BUSINESS WIRE) -- Medifast, Inc. (NYSE:MED) announced today that it will release third quarter financial results for the period ended September 30, 2007 on Thursday, November 8th after the market closes. The Company will hold a conference call and webcast at 5:00 PM EDT. Interested participants should call (877) 407...
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Medifast Announces Second-Quarter 2007 Results
Aug 9, 2007
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OWINGS MILLS, Md., Aug 09, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Medifast, Inc. (NYSE: MED) announced today second quarter results for the period ended June 30, 2007. For quarter-ended June 30, 2007, Medifast reported revenue of $22 million, a 10% increase from $20 million in the second quarter of 2006. The Company reported net inc...
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Genie Francis and Kristy Swanson to Star in New Television Ad Campaign for Medifast
Jul 23, 2007
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OWINGS MILLS, Md., July 23, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Medifast, Inc. (NYSE: MED) announced today it will be unveiling a new television ad campaign to be launched in mid-August featuring celebrity spokeswomen Genie Francis and Kristy Swanson. Francis is best known to fans as Laura from the hit daytime drama General Hospi...
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Leo V. Williams, III Elected to Direct Selling Association's Board of Directors
Jul 17, 2007
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OWINGS MILLS, Md., July 17, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Medifast, Inc. (NYSE: MED) today announced that Major General Leo V. Williams, III has been elected to the Direct Selling Association's Board of Directors. Williams is Executive Vice President of Medifast, Inc. and Chairman of the Board of its Take Shape For Life dir...
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Congratulations to Medifast Spokesperson Genie Francis of 'General Hospital' Fame Who Won The Daytime Emmy For Best Supporting Actress in a Drama Series
Jun 18, 2007
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OWINGS MILLS, Md., June 18, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Medifast, Inc. (NYSE: MED) announced today that Medifast Spokesperson Genie Francis received her first Daytime Emmy for supporting actress in a drama series.
"Medifast would like to congratulate Genie on this fantastic honor. We are excited for Genie and look for...
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