Medifast, the mother or father firm for direct promoting group OPTAVIA, has been named to Monetary Occasions’ checklist of The Americas’ Quickest Rising Corporations. Corporations included on this checklist have been ranked by compound annual progress in revenues from 2018 to 2021.
Medifast was ranked #258 for its income progress from $274.5 million in 2016 to $1.6 billion in 2022, beating out powerhouse manufacturers like Netflix, Twitter and Tesla.
“Medifast has been a pacesetter within the well being and wellness business for greater than 40 years, throughout which period our easy but complete strategy has resonated with greater than two million individuals,” stated Dan Chard, Medifast Chairman and Chief Government Officer. “Over time, now we have advanced how we help individuals on their well being journeys–now via our built-in Coach mannequin–whereas remaining rooted in our robust scientific and medical heritage. I’m excited by the alternatives forward as we proceed to look to evolve our choices and increase into new frontiers to assist much more individuals rework their lives.”