Company Profile for Nutrisystem
July 10 2015 - 10:40AM
Business Wire
Nutrisystem, Inc. (NASDAQ: NTRI), based outside Philadelphia, is
a leading provider of weight loss solutions. Flagship offerings
include Nutrisystem® My Way®, a 28-day structured food delivery
program; Fast 5+™, a one-week kick-start to help customers lose
five pounds plus one inch off their waist in their first week of
dieting; and multi-day Nutrisystem Jumpstart™ Your Weight Loss
Kits. Structured programs and do-it-yourself (DIY) individual
weight loss journeys can be complemented by the digital platform,
NuMi® by Nutrisystem, which features a free app and is compatible
with a wide range of fitness trackers and integrated with Apple
HealthKit.
The Company’s product line offers the most meal choices,
including more than 100 foods containing no artificial
preservatives or artificial flavors. Nutrisystem® plans introduce
innovative, new menu offerings on an ongoing basis; can be
customized based on customer taste preferences and dietary needs;
and are consistent with national guidelines for fat, sodium, sugar,
cholesterol, fiber and physical activity. Nutrisystem offers
comprehensive counseling options from trained weight-loss coaches,
registered dietitians and certified diabetes educators and online
support.
Current offerings are sold directly to consumers through
Nutrisystem.com, by phone, via QVC and at select retailers, with
convenient home delivery throughout the U.S. and Canada and a money
back satisfaction guarantee. The company’s robust e-commerce
platform accounts for more than 70% of the transactions.
Nutrisystem is well known for its direct marketing prowess and
strategic use of customer and celebrity success stories in
advertising and operates in a large and growing market.
More than 160 million adults in the United States are
overweight. At any one time, more than 85 million of them are
trying to lose weight, and another 48 million are actively trying
to prevent weight gain. By focusing on consumer needs, Nutrisystem
believes it can expand into new segments of the $60 billion dollar
weight loss industry and beyond.
Dawn Zier is President and CEO of Nutrisystem and put in place a
new leadership team in 2012 to drive both revenue and EBITDA
growth. The executive team has a “test, learn, adjust and act”
culture and has returned the company to growth. Revenues for fiscal
year 2014 were $403 million and net income for the last 12 months
was $14.9 million. More information can be found through
Nutrisystem Investor Relations and NutrisystemNews.com.
Company:
Nutrisystem
Headquarters Address:
600 Office Center Drive Fort Washington, PA 19034
Main Telephone:
(1-800-435-4074)
Website:
Nutrisystem.com
Ticker:
NTRI(NASDAQ)
Type of Organization:
Public IRPR
Industry:
Fitness & Nutrition
Key Executives:
CEO: Dawn Zier
CFO: Michael Monahan
Public Relations
Contact:
Robin Shallow
Phone:
215.346-8068
Email:
rshallow@nutrisystem.com
Investor Relations
Contact:
John Mills
Phone:
646-277-1254
Email:
John.Mills@Icrinc.com
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