BALTIMORE, Feb. 22, 2022 /PRNewswire/ -- Medifast (NYSE:
MED), the global company behind one of the fastest-growing health
and wellness communities, OPTAVIA®, announced it has been
named among Forbes' 2022 list of America's Best Mid-Sized Companies
– ranking 23 out of the 100 companies listed. The annual list
recognizes top-performing mid-sized companies based on earnings
growth, sales growth, return on equity and total stock return for
the latest 12 months available and over the last five years.
"We are honored to be included in Forbes' 2022 Best Mid-Sized
Companies list alongside other impressive companies, and to be
recognized for the growth and strong performance we have fostered
over the last several years," said Dan
Chard, Chairman and CEO of Medifast. "We look forward to
continuing to deliver results for stockholders and maintaining our
leadership position within the industry as consumers continue to
demand innovative lifestyle solutions."
In recent years, Medifast has driven immense growth in the
$7 billion weight loss segment and
has turned its sights to the broader $230
billion U.S. market for health and wellness. This
recognition comes on the heels of Medifast's inclusion in FORTUNE's
100 Fastest-Growing Companies several years in a row, including
most recently in 2021.
Using data from FactSet, Forbes screened over 1,000 companies
with a market value between $2
billion and $10 billion to
analyze companies with positive sales growth and a share price of
at least $5, then narrowed down the
list to the final top-100 ranking mid-sized companies. Forbes' full
2022 list of America's Best Mid-Sized Companies is available
here.
About Medifast:
Medifast (NYSE: MED) is the global
company behind one of the fastest-growing health and wellness
communities, OPTAVIA®, which offers scientifically developed
products, clinically proven plans and the support of Coaches and a
Community to help Clients achieve Lifelong Transformation, One
Healthy Habit at a Time®. Based on more than 40 years of
experience, Medifast has redefined direct selling by combining the
best aspects of the model. Its community of independent
OPTAVIA® Coaches has impacted more than 2 million lives and
teaches Clients how to develop holistic healthy habits through the
proprietary Habits of Health® Transformational System. Medifast was
recognized in 2020 and 2021 as one of FORTUNE's 100 Fastest-Growing
Companies and was named to Forbes' 100 Most Trustworthy Companies
in America list in 2017. For more information, visit
MedifastInc.com or OPTAVIA.com and follow @Medifast on
Twitter.
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SOURCE Medifast