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Stock impact report

Medifast's Third-Quarter Revenue Fell 36%: Is Stabilization Near? [Yahoo! Finance]

MEDIFAST INC (MED) 
Last medifast inc earnings: 2/26 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.medifastnow.com
Company Research Source: Yahoo! Finance
Reduced coach participation and modestly lower productivity per coach weighed heavily on performance. In the third quarter of fiscal 2025, revenue fell 36.2% to $89.4 million, primarily due to a significant drop in active earning OPTAVIA coaches. The active coach base declined 35% to 19,500, while average revenue per active earning coach decreased 1.9% to $4,585. To address these challenges, the company implemented rightsizing actions in October aimed at improving margins as growth resumes. Medifast expects coach growth to re-emerge approximately six to nine months after recent initiatives take hold, with revenue growth typically following one to two quarters later. The company anticipates this inflection point to occur in the fourth quarter of fiscal 2025, representing an initial sign of stabilization. At a minimum, management expects growth in revenue per active earning coach within the next six months, signaling early progress toward recovery. Medifast continues to emphasize th Show less Read more
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