Navigation Links
Medifast Announces Year-end 2007 Financial Results
Date:3/12/2008

Direct Response marketing division continued to focus on improving advertising effectiveness as it strives to constantly improve upon the return on each advertising dollar that is spent. In order to do so, we have focused on continuing to generate revenue from our ever-growing client base through remarketing efforts such as direct mail and e-mail campaigns. The Company also continues to increase new customer acquisitions through new advertising campaigns launched on the web, print, and TV. In addition, the Company has successfully launched several new products and product lines, to include new meal replacements and supplement offerings. The Company believes that these new product offerings will assist in increasing customer retention rates, further extending the value of each customer acquired. In doing so, the Company continues to move toward its goal of being a life-long solution for customers to achieve optimal health."

Gross Margins for the year were 75%; the same level as the previous year. Gross margins for the fourth quarter were 72% compared to 75% in the immediately preceding quarter as a result of an annual inventory revaluation of its finished goods. The efficiencies gained due to the purchase of new machinery have led to decreased labor costs and scrap that have led to a decrease in cost of goods sold. The revaluation effected fourth quarter cost of goods sold negatively, however it will be a benefit moving forward as cost of goods sold will be lower.

Mr. McDevitt concluded, "The Company believes, that due to the knowledge that was acquired through the advertising spend in 2007, that in 2008 we will devote a higher percentage of our marketing spend on higher returning advertising venues. These campaigns will include a mix of web, print, TV, radio, direct mail and other remarketing efforts, positioning us to achieve a superior return as we continue to more fully develop our multi-channel distribution model. With obesity rates soaring, there
'/>"/>

SOURCE Medifast, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9

Related medicine news :

1. Medifast, Inc. to Announce Fourth Quarter and Fiscal Year-End Results on Wednesday, March 12, 2008
2. Medifast Franchise Systems Sells First Territory in Baltimore
3. Medifast Offers 5 Heart Healthy Tips in Recognition of Fridays National Wear Red Day
4. Medifast Offers Stranded Pure Weight Loss Clients Unique Options
5. Medifast Receives Notice Regarding NYSE Listing
6. Medifast, Inc. Director of Research & Development Co-Authors Health Book
7. Medifast, Inc. to Unveil New Advertising Campaign Featuring Genie Francis and New Web Features in Early 2008
8. Medifast, Inc. Receives Approval to Sell Medifast Weight Control Centers Franchises in Seven Additional States
9. Medifast Announces Third-Quarter 2007 Results
10. Medifast Announces Updated Full Year 2007 Guidance
11. Medifast, Inc. Announces Support for Microsoft HealthVault
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/13/2014)... Fadhits.com is popular among worldwide women. Its lace ... Recently, the company has announced its new selection of ... all these outfits are available at discounted prices (from ... supplier is now offering similar discounts for many other ... many other designs for sale, including flower girl dresses, ...
(Date:7/13/2014)... July 13, 2014 A decreased ability to ... impairment and Alzheimer,s disease, while examinations of the ... protein associated with Alzheimer,s, in the brain, according ... today at the Alzheimer,s Association International Conference 2014 ... the studies, the decreased ability to identify odors ...
(Date:7/13/2014)... A Xarelto lawsuit webpage has been ... consumers with the most current information regarding serious internal ... medication, as well as the growing number of ... country. The law firm is now offering free legal ... internal bleeding and related complications while using Xarelto, including:, ...
(Date:7/13/2014)... July 13, 2014 Hope Palliative & Hospice ... grief support group at the Tamarack Senior Living Community in ... at 10:30 A.M. on the 3rd Wednesdays of every month. ... at the Tamarack Community located at 55 S. Greeley St. ... individuals and there is no cost for the group. ...
(Date:7/13/2014)... Wa (PRWEB) July 13, 2014 According ... by Vkool.com, this is a comprehensive guide that features ... deal with KP (keratosis pilaris). This guide ... 1: What Is Keratosis Pilaris? ,     Chapter 2: ... I Know If I Have KP? ,     Chapter ...
Breaking Medicine News(10 mins):Health News:Fadhits.com Announces a Special Offer on Elegant Quinceanera Dresses 2Health News:Smell and eye tests show potential to detect Alzheimer's early 2Health News:Smell and eye tests show potential to detect Alzheimer's early 3Health News:Smell and eye tests show potential to detect Alzheimer's early 4Health News:Smell and eye tests show potential to detect Alzheimer's early 5Health News:Smell and eye tests show potential to detect Alzheimer's early 6Health News:Smell and eye tests show potential to detect Alzheimer's early 7Health News:Xeralto Lawsuit Page Launched By Wright & Schulte LLC To Provide Information On Potential For Xarelto Bleeding Side Effects, Growing Litigation 2Health News:Xeralto Lawsuit Page Launched By Wright & Schulte LLC To Provide Information On Potential For Xarelto Bleeding Side Effects, Growing Litigation 3Health News:Xeralto Lawsuit Page Launched By Wright & Schulte LLC To Provide Information On Potential For Xarelto Bleeding Side Effects, Growing Litigation 4Health News:Hope Hospice Announces Grief Support Group at the Tamarack Senior Living Community 2Health News:Living With KP Book Review Exposes Jennifer Richards' Keratosis Pilaris Guide – Vkool.com 2Health News:Living With KP Book Review Exposes Jennifer Richards' Keratosis Pilaris Guide – Vkool.com 3
... a statement by Joon Yun, Director, Palo Alto Institute:The world ... pandemic, a panic that has proved more widespread than the ... swine flu was well grounded. After all, the "Spanish ... between 20 and 40 million people, and it could happen ...
... Helps New Orleans School ... This week in New Orleans, Davis Vision, one ... retail stores, national dental insurer United Concordia Dental and ... partnering on a community-based project will help children in ...
... their business attire in exchange for a fun and casual ... money for United Cerebral Palsy (UCP) of Central Arizona,s programs ... theme is Camp Casual and the official Casual for a ... to hold their event on another date if preferred. ...
... amygdala, a neural center for emotion, , , MONDAY, May ... to have an enlarged amygdala, a brain area linked ... researchers report. , This brain abnormality appears to be ... with others, the team said. , "This study adds ...
... gap between wealthier, poorer children is shrinking, study finds, , , ... a new study is that more American children from low-income ... The bad news is that there,s still a wide disparity ... against diphtheria, tetanus and whooping cough (pertussis), via the combo ...
... Health Monitoring Systems (HMS) is a Pittsburgh-based company pioneering ... Community Health Surveillance. HMS is currently supporting state and ... the H1NI Flu (Swine Flu). HMS has been ... of H1N1 since the first cases in the United ...
Cached Medicine News:Health News:The Viral Spiral - How A Meme About the Virus May Be More Contagious Than the Virus Itself 2Health News:The Viral Spiral - How A Meme About the Virus May Be More Contagious Than the Virus Itself 3Health News:Davis Vision, Visionworks, United Concordia Dental and Louisiana State University School of Dentistry Partner with Hands on New Orleans 2Health News:Valley Businesses Shedding Their Suits to Go Casual for a Cause 2Health News:Brain Anatomy Could Point to Autism 2Health News:Brain Anatomy Could Point to Autism 3Health News:More Low-Income Kids Are Getting Vaccinated 2Health News:More Low-Income Kids Are Getting Vaccinated 3Health News:Pittsburgh Life Sciences Company Using Community Health Surveillance Platform to Track H1N1 Flu (Swine Flu) 2
(Date:7/11/2014)... July 11, 2014  Kindred Hospital Houston Northwest, ... the opening of its new outpatient wound healing ... to people with chronic, hard to heal wounds. ... lead to amputation, lower leg wounds related to ... closure, and traumatic injury wounds which are complex ...
(Date:7/11/2014)... 2014  Veran Medical Technologies, a U.S. ... positive, cost-effective final results for the initial ... SPiNPerc endobronchial percutaneous biopsy study results support ... biopsy when a traditional bronchoscopic method is ... positive financial outcomes when more can be ...
(Date:7/10/2014)... , July 10, 2014  The U.S. Department ... three-year grant to University Hospitals (UH) Case Medical Center ... new national model aimed at improving care for patients ... Care," the project will test a unique model developed ... with late-stage disease, significant comorbidities, or demonstrated need for ...
Breaking Medicine Technology:Kindred Hospital Houston Northwest, With Wound Care Specialists, Opens Outpatient Wound Healing And Hyperbaric Center 2Veran Medical Publishes Lung Cancer Patient Management Study 2University Hospitals Case Medical Center Awarded $4.7 Million Grant from U.S. Department of Health and Human Services 2University Hospitals Case Medical Center Awarded $4.7 Million Grant from U.S. Department of Health and Human Services 3University Hospitals Case Medical Center Awarded $4.7 Million Grant from U.S. Department of Health and Human Services 4
This is long known for its purity and mildness, Castile Soap is also an effective cleaning agent that is used in a variety of applications. It rinses clean while leaving the skin soft and healthy....
... cleanser will not leave your hands dry, ... With persistent Antimicrobial action, CHG Skin Cleanser ... gram-negative and gram-positive bacteria, fungi, and yeasts. ... second hand wash. The solution does not ...
BD Persist Plus protective barrier skin preps with chlorhexidine in alcohol...
... Prep Pads prepares the skin for improved ... dry, it leaves a thin film on ... surface and a barrier for natural body ... a dressing or tape. Skin Protectant is ...
Medicine Products: