BNET Industries
Medifast Inc. (MED) is in the Food Industry
- Revenue
- Dec 31 2007
- $83.7M
- Profit
- Dec 31 2007
- $3.8M
- Market Cap
- Oct 09 2008
- $63.0M
Latest News and Analysis
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...
Additional Resources
Medifast, Inc. to Present at the 28th Annual Canaccord Adams Global Growth Conference
OWINGS MILLS, Md., Aug. 5 /PRNewswire-FirstCall/ -- Medifast, Inc. announced today that Michael S. McDevitt, Chief Executive Officer and Chief Financial Officer, will make a presentation at the Canaccord Adams Global Growth Conference on Thursday, August 14, 2008, at 2:30 p.m. ET at the InterContinental Boston Hotel. ...
Medifast, Inc. to Announce Second Quarter of Fiscal Year 2008 Financial Results on Thursday, August 7, 2008
OWINGS MILLS, Md., July 31 /PRNewswire-FirstCall/ -- Medifast, Inc. announced today that it will release second quarter of fiscal year 2008 financial results for the period ended June 30, 2008 on Thursday, August 7, 2008. The Company will hold a conference call and web cast to discuss the...
Medifast Program Combined with Appetite Suppressants Proven to Yield Double the Weight Loss Compared to Suppressants Alone
OWINGS MILLS, Md., July 31 /PRNewswire-FirstCall/ -- Medifast, Inc. today announced that a recent study published in 'The Journal of Eating and Weight Disorders' shows that individuals taking appetite suppressant medications can expect double the weight loss when they combine their drug therapy with a medical protocol...
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...
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...
Medifast, Inc. Names Barry B. Bondroff, CPA to Board of Directors
OWINGS MILLS, Md., May 13 /PRNewswire-FirstCall/ -- Medifast, Inc. , 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 professionals founded in 1988,...
Medifast Announces First Quarter 2008 Financial Results
Reports Record Quarterly Sales of over $25 million OWINGS MILLS, Md., May 12 /PRNewswire-FirstCall/ -- Medifast, Inc. announced today first quarter financial results for the period ended March 31, 2008. Financial highlights included: -- First quarter revenues increased 25%; -- Gross margins...
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...
Medifast Announces Year-end 2007 Financial Results
Fourth quarter revenue up 29%; fourth quarter profit up 138% 2008 EPS guidance forecasts 30% to 35% growth OWINGS MILLS, Md., March 12 /PRNewswire-FirstCall/ -- Medifast, Inc. announced today financial results for the fourth quarter and the year ended December 31, 2007. ...
Medifast, Inc. to Announce Fourth Quarter and Fiscal Year-End Results on Wednesday, March 12, 2008
OWINGS MILLS, Md., March 5 /PRNewswire-FirstCall/ -- Medifast, Inc. 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...
Calorie-burning products
Medifast, Inc. Owings Mills, MD, a leading portion-controlled weight loss program, has launched a new product line called Momentum, which is designed specifically to induce thermogenesis. Momentum by Medifast is designed to burn extra calories, boost metabolism and decrease appetite, and has been clinically shown to have the maximum effect...
Medifast of Owings Mills sells franchise
Medifast Inc., of Owings Mills, which manufactures and markets dietary supplements, said it sold its first Medifast Weight Control Centers franchise, involving four centers in the Greater Baltimore metropolitan area. Neither the identity of the franchise owner nor terms of the deal were disclosed. One or more of the centers...
2008 Ad
PedalFest Kicks Off Local Events For 2008 Amgen Tour of California Who: Los Angeles residents, cycling enthusiasts and businesspeople in the city's Financial District will join ...
Has added Medifast Inc. to their watch list.
M2 PRESSWIRE-21 January 2008-The Maybach Journal: Has added Medifast Inc. to their watch listC1994-2008 M2 COMMUNICATIONS LTD RDATE:21012008 Maybach Financial Group is a syndicate of financial analysts, with a core group representing over 250 years of total investing experience. ...
2008 Ad
Stationary Cycling Fundraiser Kicks off Local Events for Amgen Tour of California SAN FRANCISCO -- Today, professional cyclist and San Carlos resident Brian Buchholz joins teammate Keven Lacombe and San Franciscans to support the fight against cancer during PedalFest 2008, a stationary cycling fundraiser in which miles pedaled...
Medifast Inc. of Owings Mills announces launch of new product line
Medifast Inc., of Owings Mills, a maker of dietary supplements, announced the launch of a new product line, Momentum by Medifast. According to a company statement, Momentum is the first product line in the weight loss industry designed specifically to induce thermogenesis, which according to Merriam-Webster online means "the production...
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- 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.
Key Competitors
Medifast Inc. Company Info
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
Contact Information
11445 Cronhill Drive
Owings Mills, MD
410 581-8042