BNET Industries
medifast inc. - All News and Analysis
Medifast: Record Q2 Sales, Optimistic Q3
Zacks.com submits: Medifast, Inc. MED is growing quickly as diet, health and fitness programs stay hot even in a slowing economy. Revenues rose 25% in the second quarter and the company recently said third quarter financials look strong. The company has a forward P/E of 9.97. Company Description...
Stock Screen: Price Momentum + Fundamentals = Profits
Mark Barath submits: Ultimately the performance of a stock will follow the underlying fundamentals of a firm. Stocks that are rising quickly usually represent firms which are executing well and have strong profit growth. On the other hand, stocks that are falling usually represent firms that are failing to grow...
Medifast Inc. Q4 2007 Earnings Call Transcript
Question-and-Answer SessionOperator [Operator Instructions] Our first question is from the line of Laura Richardson with BB&T. Laura Richardson – BB&T My big question for you guys is, the guidance for 2008 seems so different from what you reported in the fourth quarter, the revenue growth is a lot slower...
BSY, CUK, MED, NFP, OCN, BZP Have Been Removed From Naked Short List Today.
M2 PRESSWIRE-3 April 2008-BUYINS.NET: BSY, CUK, MED, NFP, OCN, BZP Have Been Removed From Naked Short List TodayC1994-2008 M2 COMMUNICATIONS LTD RDATE:03042008 BUYINS.NET, www.buyins.net, announced today that these select companies have been removed from the NASDAQ, AMEX and NYSE naked short...
MED, MEG, MGS, OCN, PRM, TNH Have Also Been Added To Naked Short List Today.
M2 PRESSWIRE-26 March 2008-BUYINS.NET: MED, MEG, MGS, OCN, PRM, TNH Have Also Been Added To Naked Short List TodayC1994-2008 M2 COMMUNICATIONS LTD RDATE:26032008 BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked...
In- Depth Research on Medifast Inc.
M2 PRESSWIRE-12 February 2007-Biotech News: In- Depth Research on Medifast IncC1994-2007 M2 COMMUNICATIONS LTD RDATE:12022007 In- Depth Research on Medifast Inc (NYSE:MED) Medifast is helping people slim down and shape up. The company develops, manufactures, and markets health and...
Medifast gains analyst attention, records major revenue gains
A Los Angeles-based investment banking firm initiated coverage on Medifast Inc. with a strong buy rating, and the Owings Mills maker of weight-loss products backed that outlook with revenue more than twice that of a year ago. This marks the first time Medifast, which trades on the American...
Additional Resources
Medifast Adds to Medical Backing with Formation of Scientific Advisory Board
Panel of medical experts to continually review effectiveness, safety, and nutritional benefits of Medifast Program OWINGS MILLS, Md., Nov. 18 /PRNewswire-FirstCall/ -- Medifast, Inc. , in an effort to enhance and continue the strong medical backing of its meal replacement programs, announced the formation of a Scientific...
(OTC: MNIA) MNI Nutraceuticals, Inc. Receives Purchase Order for Vital Slim
MNI Nutraceuticals, Inc. (PINKSHEETS: MNIA),announced today that The Vitamin Guy, a well-respected on-line retailer ofvitamin supplements has re-ordered Vital Slim, the company's innovativeweight loss, control and management product. According to a new market study, U.S. Weight Loss & Diet Control Market(9th Edition), April 2007, the U.S. weight loss market is...
Medifast Diversified Business Model Drives Strong Revenue and Earnings Growth for the Third Quarter of 2008
Take Shape For Life Sales Increase by 99% Year-over-Year; Represents 50% of Sales Diluted EPS Increases by 57% for the Quarter 3rd Consecutive Quarter of 25% Revenue Growth OWINGS MILLS, Md., Nov. 6 /PRNewswire-FirstCall/ -- Medifast, Inc. announced today third quarter financial...
Medifast Adds New Crunchy Bars to Product Line
New bars are completely interchangeable in the Medifast 5 & 1 Plan OWINGS MILLS, Md., Nov. 5 /PRNewswire-FirstCall/ -- Medifast, Inc. , a leading portion-controlled weight-loss program, today announced the launch of its newest Medifast bars featuring a great crunchy taste and a new formula that is...
Medifast, Inc. to Announce Third Quarter of Fiscal Year 2008 Financial Results on Thursday, November 6, 2008
OWINGS MILLS, Md., Oct. 30 /PRNewswire-FirstCall/ -- Medifast, Inc. announced today that it will release third quarter of fiscal year 2008 financial results for the period ended September 30, 2008 on Thursday, November 6, 2008. The Company will hold a conference call and web cast to discuss the...
Zacks Releases Four Powerful "Buy" Stocks: Perrigo Company, Family Dollar Stores, Diamond Foods and Medifast
CHICAGO -- Four free stock picks are being made available today on Zacks.com. The industry's leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth, Growth & Income, Momentum, and Value....
Medifast Announces Opening of First Franchise Clinic
Company Continues to See Strength in Overall Business Trends in Difficult Economic Environment OWINGS MILLS, Md., Oct. 8 /PRNewswire-FirstCall/ -- Medifast, Inc. announced the opening of the first franchisee-owned Medifast Weight Control Center in the Baltimore, Maryland market located at 5 Bel Air S. Parkway, Bel...
Zacks' Discount Fundamental Strength strategy highlights: Tyco International, AK Steel Holding, Medifast and Diamond Foods
CHICAGO -- Combining strong underlying fundamentals with low valuations can lower risk and increase portfolio returns. Zacks' Discounted Fundamental Strength Profit Track strategy has generated double-digit returns for six consecutive years, including a 34% gain in 2006. For the first month of 2007, this Profit Track returned 7.3%. Four stocks...
Canadian crowned Tour of Pa. champion
PITTSBURGH - David Veilleux of Cap-Rouge, Quebec, won the six-day Tour of Pennsylvania yesterday after race officials discounted the final stage of the event because of tornado warnings. A weather alert caused the 50-mile sixth stage, a criterium, to be halted and then restarted. Race officials then decided the stage...
Owings Mills-based Medifast reports flat earnings
Medifast Inc., of Owings Mills, which manufactures and markets dietary supplements and operates a chain of weight control centers, reported its first-quarter net income was flat at $1.4 million, or 10 cents per diluted share, compared to $1.4 million, or 10 cents per diluted share, for the prior-year period. Revenue...
News Summary - 05/12
Medifast reports flat earnings Medifast Inc., of Owings Mills, which manufactures and markets dietary supplements and operates a chain of weight control centers, reported its first-quarter net income was flat at $1.4 million, or 10 cents per diluted share, compared to $1.4 million, or 10 cents per...
BSY, CUK, MED, NFP, OCN, BZP Have Been Removed From Naked Short List Today.
M2 PRESSWIRE-3 April 2008-BUYINS.NET: BSY, CUK, MED, NFP, OCN, BZP Have Been Removed From Naked Short List TodayC1994-2008 M2 COMMUNICATIONS LTD RDATE:03042008 BUYINS.NET, www.buyins.net, announced today that these select companies have been removed from the NASDAQ, AMEX and NYSE...
MED, MEG, MGS, OCN, PRM, TNH Have Also Been Added To Naked Short List Today.
M2 PRESSWIRE-26 March 2008-BUYINS.NET: MED, MEG, MGS, OCN, PRM, TNH Have Also Been Added To Naked Short List TodayC1994-2008 M2 COMMUNICATIONS LTD RDATE:26032008 BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and...
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- Revenue (Fiscal Year) $83.7M
- Profit (Fiscal Year) $3.8M
- Incorporated: 1989
- CEO: Mr. Michael S. McDevitt
Medifast is engaged in the production, distribution, and sale of weight management and disease management products and other consumable health and diet products. Co.'s operations are conducted through its five wholly owned subsidiaries: Jason Pharmaceuticals, Inc., Take Shape for Life, Inc., Jason Enterprises, Inc., Jason Properties, LLC and Seven Crondall, LLC. Co.'s product lines include weight and disease management, meal replacement products and vitamins manufactured in the U.S. Food and Drug Administration approved facility in Owings Mills, MD. These products are sold through various channels of distribution, to include web, call center, medical professionals, and weight loss clinics.
Competitors
Stock Quote
Board of Directors
Mr. Bradley T. MacDonald Chairman
Mr. Joseph D. Calderone
Mr. George Lavin Jr.
Mr. Charles P. Connolly Jr.
Mr. Michael J. McDevitt
Mr. Richard T. Aab
Mr. Michael C. MacDonald
Ms. Margaret E. MacDonald
Mr. Dennis M. McCarthy
Mr. Michael S. McDevitt
Mr. Barry B. Bondroff CPA
Ms. Jeannette M. Mills
Ms. Mary T. Travis
Reverend Donald Francis Reilly
NAICS Code
All Other Miscellaneous Food Manufacturing: 311999
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