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The Beachbody Company, Inc. (symbol: BODY) is a prominent health and wellness enterprise specializing in fitness, nutrition, and stress reduction programs. Headquartered in Santa Monica, California, Beachbody is best known for its at-home workout initiatives, including popular programs like P90X, Insanity, and 21 Day Fix. These programs have garnered global recognition for their effectiveness and accessibility.
Aside from workout videos, Beachbody offers a comprehensive suite of nutritional products, such as Shakeology, a nutrient-dense meal replacement shake. The company also provides an array of nutrition plans and supplements designed to support various fitness goals.
Beachbody's digital platform, Beachbody On Demand, allows subscribers to stream thousands of workouts, meal plans, and support tools from any device, making fitness and health more accessible to a broad audience. Powered by expert trainers and a supportive community, Beachbody On Demand has cultivated a dedicated user base.
Financially, Beachbody has demonstrated resilience through robust product offerings and a growing subscriber base. The recent merger with Myx Fitness has expanded its reach in the home fitness market by incorporating high-quality exercise bikes and interactive training sessions.
Partnerships with influential fitness trainers and nutritionists have bolstered Beachbody’s reputation, enabling it to stay at the forefront of the fitness industry. The company’s commitment to innovation and customer satisfaction continues to drive its growth and market presence.
The Beachbody Company (NYSE: BODY) will announce its first quarter fiscal 2022 results on May 9, 2022, after U.S. market close. A conference call will follow at 5:00 p.m. ET to discuss the results. Investors can join the call via toll-free dial-ins: (844) 200-6205 for the U.S. and Canada, or (646) 904-5544 for international callers. A live webcast will also be available on the Company's investor relations website. A replay will be accessible from May 9 to May 16, 2022.
The latest clinical study on Beachbody's Shakeology® published in the
The Beachbody Company (NYSE: BODY) has launched two new health programs: “The 4 Week Gut Protocol” nutrition plan and the “4 Weeks for Every Body” fitness program, developed by nutrition expert Autumn Calabrese. This initiative aims to address gut health concerns, which affect 60 million people in the U.S. The programs promise transformative health benefits by combining gut-focused nutrition with no-impact workouts. Beachbody has positioned these innovations as significant additions to their subscription health services, available at special launch pricing.
The Beachbody Company, Inc. (NYSE: BODY) reported its fourth quarter and full-year financial results for 2021, showcasing a total revenue of $216.3 million, down 4% from 2020, but up 31% from 2019. Digital revenue decreased by 14% year-over-year, while Connected Fitness revenue reached $36.8 million post-acquisition. The company announced a strategy to cut cash use by $110 million and focus on profitability, with anticipated total revenue for Q1 2022 between $170 million and $180 million. However, it also recorded a substantial net loss of $146 million in Q4 and $228 million for the full year.
The Beachbody Company, Inc. (NYSE: BODY) will release its fourth quarter and full year fiscal 2021 results on March 1, 2022, post market close. A conference call is scheduled for 5:00 p.m. ET the same day to discuss the results. Participants can dial (844) 200-6205 for the U.S. and Canada or (646) 904-5544 for other locations. The conference ID is 653651. A live webcast will be available on the company's investor relations site, and a replay will be accessible from March 1 to March 8, 2022.
Beachbody Company (NYSE: BODY) has launched a new nutritional program, “2B Pregnant”, aimed at guiding expectant mothers through pregnancy nutrition. Developed by registered dietitian Ilana Muhlstein, this program offers insights into dietary needs during pregnancy, addressing common challenges like nausea and cravings. Available for $39.95 on Beachbody On Demand, it includes 16 instructional videos, meal trackers, snack ideas, and recipes, supporting healthy weight gain and postpartum wellness.
The Beachbody Company (NYSE: BODY) announced the appointment of Kristin Frank to its Board of Directors, effective November 24, 2021. With over 20 years of experience in data marketing and digital media, Frank is expected to enhance Beachbody's growth and innovation. Her previous roles include CEO of AdPredictive and COO at Viacom's MTV division. The Board now comprises seven directors, with four being independent. Frank expressed excitement about contributing to Beachbody's next growth phase, leveraging its strong content and loyal customer base.
The Beachbody Company (NYSE: BODY) announced on November 16, 2021, that its Openfit platform is now available on over 80 million monthly active Google TV and Android TV devices. This expansion aims to enhance accessibility to fitness content and improve user engagement. CEO Carl Daikeler emphasized the significance of smart TVs in in-home wellness. Openfit offers over 350 on-demand workouts, and an upcoming Openfit Express program featuring quick 20-minute sessions is in development. The initiative illustrates Beachbody's commitment to leveraging partnerships with tech leaders to reach a wider audience.
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