aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
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Founded in 1981 and headquartered in Baltimore, Maryland, Medifast, Inc. is a public company listed on the NYSE under the ticker MED. The company's core mission is to promote lifelong transformation through healthy habits. Medifast manufactures and distributes a variety of weight loss, weight management, and healthy living products under the OPTAVIA brand. Their offerings include bars, shakes, soups, and other consumable health products, targeting markets in the United States and the Asia-Pacific region.
Key figures affiliated with Medifast include Daniel R. Chard, who serves as Executive Chairman and CEO. The company has achieved significant financial milestones, with revenues reaching approximately $1.6 billion in 2022. Medifast's impact is notable in the health and wellness industry, particularly through its OPTAVIA program, which emphasizes holistic wellness over quick fixes. The company is also a component of the S&P 600, underscoring its financial stability and market influence.
Operating Status
Active
Ownership Type(s)
Public
Main Product(s)
Health Products
Technology
Nutrition
Tags
Healthtech
Model Types
eCommerce, Retail
Revenue Type(s)
Transactional, Recurring
Customer Type(s)
Consumers
Geographic Exposure
United States
When was Medifast Inc founded?
Medifast Inc was founded in 1981.
Where is Medifast Inc’s headquarters located?
Medifast Inc’s headquarters is located in Ashburn, US.
How many employees does Medifast Inc have?
Medifast Inc has 874 employees as of Feb 6, 2024.
Add Comparison
Total Employees Over Time
874
As of Feb 2024
Medifast Inc Address
Ashburn,
20147
United States
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts