Medifast, Inc. operates in the Frozen specialties sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Medifast with three other
processed food manufacturers in North America:
B&G Foods, Inc.
sales of $1.39 billion
of which 100%
was Food Products),
Ginger Beef Corp
(5.43 million Canadian Dollars [US$4.35 million]
Medifast reported sales of $274.53 million
December of 2016.
a very small
increase of 0.6%
versus 2015, when the company's sales were $272.77 million.
Despite this increase, sales are still
below the level achieved in 2014, when Medifast
reported sales of $285.29 million.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Medifast had sales
of $298.19 million.
Sales of Take Shape for Life saw an increase
that was more than double the company's growth rate: sales were up
10.0% in 2016, from
$202.22 million to $222.40 million.
Not all segments of Medifast experienced an increase in sales in 2016:
sales of Medifast Wholesale fell 72.7% to $1.32 million.
(However, this segment's sales were only a very small portion of the company's overall sales).
Medifast also experienced decreases in sales in
Medifast (down 27.8% to $35.14 million)
Medifast Weight Control Centers- Franchi (down 8.2% to $15.67 million)