Medifast to Announce Financial Results for the First Quarter Ended March 31, 2023

Rhea-AI Summary

Medifast (NYSE: MED) will report its financial results for Q1 2023, which ended on March 31, on May 1, 2023, after the market closes. This announcement will be followed by a conference call at 4:30 PM ET the same day, featuring Dan Chard, CEO, and Jim Maloney, CFO. The call will be accessible via the Investor Relations section of Medifast's website and archived until August 1, 2023. Medifast is a leader in the U.S. weight management industry, generating around $7 billion in revenue and known for its OPTAVIA brand that promotes healthy habits. The company has received recognition as one of America’s Best Mid-Sized Companies and has positively impacted over 2 million lives through its health and wellness community.

Positive

• Medifast is recognized as a leader in the $7 billion U.S. weight management industry.
• The company has positively impacted over 2 million lives through its community.

Negative

• None.

BALTIMORE, April 17, 2023 /PRNewswire/ -- Medifast (NYSE: MED), the global company behind one of the fastest-growing health and wellness communities, OPTAVIA®, will announce financial results for the first quarter ended March 31, 2023 on Monday, May 1, 2023, after market close. The Company will host a conference call to discuss the results with additional comments and details. Company participants will be Dan Chard, Chairman and Chief Executive Officer, and Jim Maloney, Chief Financial Officer.

The conference call is scheduled to begin at 4:30 p.m. ET on May 1, 2023. The call will be broadcast live over the Internet, hosted on the Investor Relations section of Medifast's website at www.MedifastInc.com or directly at https://app.webinar.net/zdVDP4z5KvR, and will be archived online and available through August 1, 2023. To join via telephone, listeners may dial (855) 560-2579.

A telephonic playback will be available from 6:30 p.m. ET, May 1, 2023, through May 8, 2023. Participants can dial (877) 344-7529 and enter passcode 9944720 to hear the playback.

About Medifast^®: 

Medifast (NYSE: MED) is the global company behind one of the fastest-growing health and wellness communities, OPTAVIA®, which offers scientifically developed products, clinically proven plans and the support of independent OPTAVIA Coaches and a Community to help Customers achieve Lifelong Transformation, One Healthy Habit at a Time®. As the publicly traded market leader by revenue in the U.S. $7 billion weight management industry, the company has impacted more than 2 million lives through its Community of OPTAVIA Coaches, who teach Customers how to develop holistic healthy habits through the proprietary Habits of Health® Transformational System. Medifast was recognized in 2022 as one of America's Best Mid-Sized Companies by Forbes, in 2020 and 2021 as one of FORTUNE's 100 Fastest-Growing Companies and was named to Forbes' 100 Most Trustworthy Companies in America list in 2017. For more information, visit MedifastInc.com or OPTAVIA.com and follow @Medifast on Twitter.

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SOURCE Medifast, Inc.

FAQ

When will Medifast announce its Q1 2023 financial results?

Medifast will announce its Q1 2023 financial results on May 1, 2023, after market close.

What time is Medifast's conference call regarding Q1 2023 results?

The conference call will begin at 4:30 PM ET on May 1, 2023.

How can I listen to Medifast's Q1 conference call?

You can listen to the conference call live on Medifast's Investor Relations website.

What is Medifast's primary brand associated with its health and wellness community?

Medifast's primary brand is OPTAVIA, which promotes healthy habits and weight management.

Is there an archive available for Medifast's conference call?

Yes, the conference call will be archived online and available until August 1, 2023.