| 27.94 Data as of Jun 17 |  -0.44 / -1.55%Today’s Change | 18.36 Today|||52-Week Range 33.29 | +5.87% Year-to-Date |
| SECTOR Retail Trade | INDUSTRY Specialty Stores | MARKET CAP $391.9M |
Company Description
Medifast, Inc. is engaged in the production, distribution and sale of weight management and disease management products and other consumable health and diet products. Its product lines include weight and disease management, and meal replacements and vitamins. Medifast's products are sold through various channels of distribution, including the internet, call center, independent health advisors, medical professionals, weight loss clinics, and direct consumer marketing supported through the phone and internet. It operates through two segments: Medifast and MWCC & Wholesale. The Medifast reporting segment consists of the sales from Medifast Direct Marketing and Take Shape for Life. The MWCC & Wholesale segment consists of the sales of Medifast Corporate and Franchise Weight Control Centers as well as Medifast Wholesale Physicians. The company was founded in 1980 and is headquartered in Owings Mills, MD.
Employees
Shareholders
| Other institutional | 57.17% |
| Mutual fund holders | 29.84% |
| Individual stakeholders | 24.97% |
Top Executives
| Michael C. MacDonald | Executive Chairman & Chief Executive Officer |
| Margaret E. MacDonald-Sheetz, MBA | President, Chief Operating Officer & Director |
| Timothy G. Robinson, CPA | Chief Financial Officer |
| Donald Gould | Executive Vice President |
| Jason L. Groves | Director, Executive VP & General Counsel |
.
