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Stock impact report

Medifast Q1 Loss Wider Than Expected, Sales Down 33.8% Y/Y [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
Both net sales and earnings experienced year-over-year declines. Amid growing consumer demand for long-term health and wellness solutions, Medifast has been emphasizing the importance of personalized support through its OPTAVIA program, which offers one-on-one coaching and tailored plans. Looking ahead, Medifast is prioritizing the revitalization of its coach and customer base by introducing enhanced tools, data-driven support and new products, with a strategic focus on restoring long-term growth and profitability. MED reported a quarterly loss of 7 cents per share, which includes an unrealized gain from its investment in LifeMD. Excluding this gain, the adjusted loss was 11 cents per share, wider than the Zacks Consensus Estimate of an adjusted loss of 7 cents. The company reported an earnings of 66 cents per share in the year-ago quarter. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) MEDIFAST INC price-consensus-eps-surprise-chart | MEDIFAST INC Q Show less Read more
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