Medifast, Inc. · Owings Mills, MD United States ·(NYSE: MED)
Company Description
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Medifast is helping people slim down and shape up. The company develops, manufactures, and markets health and diet products under its Medifast brand name. The products, which are manufactured by Medifast subsidiary Jason Pharmaceuticals, include food and beverages (meal replacement shakes, bars), as well as disease management products for diabetics. Medifast sells its wares direct to consumers online and through doctor's offices. Its Take Shape for Life subsidiary distributes the products through a direct marketing and sales network of independent distributors (often people who have had success with Medifast) whom the company calls Health Coaches. To read the full description, subscribe now.
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Key Medifast, Inc. Financials
| Company Type | Public - NYSE: MED Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $105.4 |
| 2008 Employees | 290 |
Medifast, Inc. Executives
16 executives listed for Medifast, Inc.'s Owings Mills, MD location.
| Title | Name & Bio | Contact |
| Chairman | Bradley MacDonald | Network |
| CEO, CFO, and Director | Michael McDevitt | Network |
| President, COO, and Director | Margaret MacDonald-Sheetz | Network |
Competition
Competitive Landscape for Medifast, Inc.
Demand for nonalcoholic beverages is driven by consumer tastes and demographics. The profitability of individual companies depends on effective marketing. Large companies have economies of scale in production and distribution Small companies can compete by producing new products, catering to local tastes, or selling at lower prices. The industry is capital-intensive: average annual revenue per production worker is about $1 million. To read the full description, subscribe now.Top Medifast, Inc. Competitors
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