Medifast Inc

Medifast is a nutrition center that provides clinically proven and portion-controlled weight-loss programs. Read more

63 Followers on Owler
63 Followers on Owler
63 Followers on Owler
63 Followers on Owler

Medifast Inc

Medifast is a nutrition center that provides clinically proven and portion-controlled weight-loss programs. Read more

CEO Avatar

CEO

Daniel R Chard

CEO Approval Rating

69/100

Founded:

1980

Status:

PublicIndependent CompanyNYSEMED

MEDIFAST INC TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

Missing a competitor? Contribute!

GenoVive is the biggest rival of Medifast Inc. GenoVive was founded in 2008, and its headquarters is in New Orleans, Louisiana. GenoVive operates in the Health Care Technology industry. GenoVive has 347 fewer employees than Medifast Inc.

Metabolic Research Center has been one of Medifast Inc's top competitors. Metabolic Research Center is a Private company that was founded in Green Cove Springs, Florida in 1983. Metabolic Research Center competes in the Medical Research & Laboratories industry. Metabolic Research Center has 213 fewer employees vs. Medifast Inc.

Morris Medical is Medifast Inc's #3 rival. Morris Medical was founded in 1993 in Fort Myers, Florida. Morris Medical is in the Health Care Facilities industry. Morris Medical generates $1.1B less revenue than Medifast Inc.

Weigh-in!

Help the Owler community know more

Competitor - 1/1

Is Aesthetic Recnstr Plstc Srgy a competitor of Medifast Inc?

Medifast Inc Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$1.1B

Medifast Inc's revenue is the ranked 1st among it's top 10 competitors. The top 10 competitors average 197.1M. Over the last four quarters, Medifast Inc's revenue has grown by 54.9%. Specifically, in Q1 2021's revenue was $340.7M; in Q4 2020, it was $264.9M; in Q3 2020, it was $271.5M; in Q2 2020, Medifast Inc's revenue was $220M.

Medifast Inc Acquisitions

No recent acquisitions found related to Medifast Inc

Medifast Inc Funding History

No recent funding data found related to Medifast Inc

Medifast Inc Investments

No recent investments found related to Medifast Inc

Medifast Inc News

March 22, 2021Direct Selling News

Medifast Announces Quarterly Dividend of $1.42 Per Share

Medifast, Inc., the parent company of direct selling company OPTAVIA, announced that its Board of Dir... See more »
March 18, 2021MarketScreener

Announces Quarterly Dividend

(marketscreener.com) BALTIMORE, March 18, 2021 /PRNewswire/ -- Medifast, Inc. , the global company be... See more »
February 26, 2021The Business Journals: Baltimore

Medifast grows sales 31% in 2020, on track to surpass $1B in 2021

Medifast has been growing quickly since Dan Chard became CEO in 2016 and needs to increase sales by j... See more »
December 14, 2020The Business Journals: Baltimore

Medifast chairman steps down after nearly a decade in the role

Medifast CEO Dan Chard will take over as executive chairman of the board.... See more »
December 14, 2020Direct Selling News

Medifast Announces CEO Dan Chard as Executive Chairman

Medifast Chief Executive Officer Dan Chard will now also serve as the company's new executive chairma... See more »
December 12, 2020Direct Selling News

Medifast, Inc. Declares Quarterly Cash Dividend

Medifast, Inc., the parent company of OPTAVIA, announced that its Board of Directors has declared a $... See more »
November 22, 2020socialsellingnews

Rod Taylor has joined New Image International as CEO. Taylor's career includes 24 years' experience in senior management

Rod Taylor has joined New Image International as CEO. Taylor’s career includes 24 years’ experience i... See more »

Medifast Inc Blogs

February 9, 2018Medifast Blog

Four Superfoods You Should Have on Medifast

Chia Seeds: 1 Tbsp = 1 Healthy Fat OR ½ tsp = 1 Condiment With a mild, nutty flavor chia seeds pair w... See more »
February 2, 2018Medifast Blog

Football Deviled Eggs

Football Deviled Eggs 1 Lean |1 Healthy Fat | 2 Condiments Yield: 2 servings Total Time: 10 minutes I... See more »
January 23, 2018Medifast Blog

Be Persistent, Stay Consistent

There are many challenges that someone can face on the road to health. Anything from unsupportive fri... See more »
January 5, 2018Medifast Blog

Medifast Named Top Best Fast Weight-Loss Diet by U.S. News & World Report

We're thrilled to share that Medifast was named one of the top Best Fast Weight-Loss Diets by U.S. Ne... See more »
January 2, 2018Medifast Blog

4 Ways to Stay Motivated to Exercise When It's Cold Outside

Let's face it, for many of us it can be hard enough to stay motivated to exercise even without shorte... See more »
December 13, 2017Medifast Blog

5 Immune Boosting Foods for this Winter

5 Immune Boosting Foods for this Winter Poor nutrition, stress, and lack of sleep can take a signific... See more »
November 30, 2017Medifast Blog

Mason Jar Zucchini Lasagna

Happy National Mason Jar Day! Mason jars are my favorite way to store my meals, especially lean and g... See more »

Medifast Inc Press Releases

November 6, 2018PR Newswire

Medifast, Inc. Announces Third Quarter 2018 Financial Results

BALTIMORE, Nov. 6, 2018 /PRNewswire/ -- Medifast, Inc. (NYSE: MED), a leading manufacturer and distri... See more »
March 15, 2018ForImmediateRelease

Medifast, Inc. Announces Quarterly Dividend

Travel & Tourism Industry release: BALTIMORE, March 15, 2018 /PRNewswire/ - Medifast, Inc. (NYSE: MED... See more »
December 21, 2017PR Newswire

Medifast, Inc. to Participate in the 20th Annual ICR Conference

OWINGS MILLS, Md., Dec. 21, 2017 /PRNewswire/ -- Medifast, Inc. (NYSE: MED), a leading manufacturer a... See more »
October 18, 2017PR Newswire

Medifast, Inc. to Announce Financial Results for the Third Quarter Ended September 30, 2017

OWINGS MILLS, Md., Oct. 18, 2017 /PRNewswire/ -- Medifast, Inc. (NYSE: MED), a leading manufacturer a... See more »
August 9, 2017Blackbird

Medifast, Inc. Announces Second Quarter 2017 Financial Results

Second Quarter 2017 Revenue of $75.7 Million and EPS of $0.63 Exceed Company GuidanceOWINGS MILLS, Md... See more »
August 8, 2017Accesswire

Medifast, Inc. to Host Earnings Call

NEW YORK, NY / ACCESSWIRE / August 8, 2017 / Medifast, Inc. (NYSE: MED) will be discussing their earn... See more »
July 24, 2017PR Newswire

Take Shape For Life® Rebrands to OPTAVIA

OWINGS MILLS, Md., July 24, 2017 /PRNewswire/ -- Medifast, Inc., a leading provider of clinically stu... See more »

Medifast Inc Videos

Social Media

Medifast Inc Headquarters

11445 Cronhill Dr

Owings Mills, Maryland21117

732-764-0619

Driving Directions »

Trending Companies

Medifast Inc Summary

ABOUT

Overview

Medifast (NYSE:MED) is a weight loss and nutritional products company headquartered in Owings Mills, Maryland. Daniel R. Chard serves as the company's Chief Executive Officer (CEO). With its inception in 1980 by William Vitale, a physician, Medifast ...

CEO

Medifast Inc's CEO, Daniel R Chard, currently has an approval rating of 69%. Medifast Inc's primary competitors are GenoVive, Metabolic Research Center & Morris Medical.

Website

medifast1.com

Frequently Asked Questions about Medifast Inc

  1. When was Medifast Inc founded?

    Medifast Inc was founded in 1980
  2. Who is Medifast Inc's CEO?

    Medifast Inc's CEO is Daniel R Chard
  3. How much revenue does Medifast Inc generate?

    Medifast Inc generates $1.1B in revenue
  4. How much funding does Medifast Inc have?

    Medifast Inc has historically raised $0 in funding
  1. Where is Medifast Inc's headquarters?

    Medifast Inc's headquarters is in Owings Mills Maryland, USA
  2. How many employees does Medifast Inc have?

    Medifast Inc has 420 employees
  3. What sector does Medifast Inc operate in?

    Medifast Inc is in Health Care Technology
  4. Who are Medifast Inc's competitors?

    Medifast Inc's top competitors are GenoVive, Metabolic Research Center, Morris Medical