MEDIFAST, INC.

MED
Delayed Quote. Delayed  - 01/22 04:10:00 pm
220.87USD -0.20%
Business Summary
Consumer Non-Cyclical
Food & Beverages
 Food & Tobacco
  Food Processing
   Special Foods & Welbeing Products
Medifast, Inc. produces, distributes and sells weight loss, weight management, and healthy living products, and other consumable health and nutritional products. The Company’s product lines include weight loss, weight management, and healthy living meal replacements, snacks, hydration products, and vitamins. Its business units include Optavia, Medifast Direct, Franchise Medifast Weight Control Centers (MWCC) and Medifast Wholesale. Optavia is a personal coaching division of the Company that consists of Optavia Coaches, who provides coaching and support to clients utilizing the Optavia platform. Medifast Direct is its direct-to-consumer business unit that allows customers to order Medifast products directly through its Website or its in-house call center. The MWCC business unit sells product through franchise and reseller locations, which offers structured programs and a team of professionals to help customers achieve weight-loss and weight-management success at center locations.

Number of employees : 550 people.
Sales per Business
20182019
USD
(in Million)
%USD
(in Million)
%
Weight Loss, Weight Management and Healthy Living Products 501.00100% 713.67100%
Sales per region
20182019
USD
(in Million)
%USD
(in Million)
%
United States 501.00100% 713.67100%
Managers
Name Title
Daniel R. Chard Executive Chairman & Chief Executive Officer
James P. Maloney Chief Financial Officer
William Baker Executive Vice President-Information Technology
Kevin G. Byrnes Independent Director
Jeffrey J. Brown Lead Independent Director
Scott Schlackman Independent Director
Constance J. Hallquist Independent Director
Michael A. Hoer Independent Director
Ming Xian Independent Director
Andrea B. Thomas Independent Director
Shareholders
Name Equities %
Visium Asset Management LP 1,350,000 11.5%
Alydar Partners LLC 1,150,000 9.77%
The Vanguard Group, Inc. 1,111,805 9.45%
Renaissance Technologies LLC 989,510 8.41%
Coliseum Capital Management LLC 893,680 7.59%
Highside Capital Management LP 750,000 6.37%
Thompson, Siegel & Walmsley LLC 668,343 5.68%
Tiger Consumer Management LP 663,513 5.64%
Senator Investment Group LP 622,900 5.29%
Sigma Capital Management LLC 585,000 4.97%
Company contact information
Medifast, Inc.
100 International Drive
18th Floor
Baltimore, MD 21202

Phone : +1.800.209.0878
Web : http://www.medifast1.com
Sector Special Foods & Welbeing Products
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