Medifast, Inc. (Medifast) is engaged in the production, distribution, and sale of weight management and disease management products and other consumable health and diet products. Medifast's product lines include weight and disease management, meal replacement, and vitamins. The Company's operations are primarily conducted through five of its wholly owned subsidiaries: Jason Pharmaceuticals, Inc. (Jason), Take Shape for Life, Inc. (TSFL), Jason Enterprises, Inc., Jason Properties, LLC and Seven Crondall, LLC. The Company expanded the Medifast product line during the year ended December 31, 2011, by introducing several new products. The products introduced included the Medifast Spiced Pancake, an addition to the Pancake line, including Original and Chocolate Chip varieties. It offers a variety of weight and disease management products under the Medifast and Essential brands and for select private label customer. During 2011, the Company opened 31 new Medifast Weight Control Centers.
|Headquarters||11445 Cronhill Dr.|
OWINGS MILLS, MD, United States 21117
|Chairman of the Board, Chief Executive Officer||Michael MacDonald|
|President, Chief Operating Officer, Director||Margaret Sheetz|
|Chief Financial Officer||Timothy Robinson|
|Director of Finance â€“ Supply Chain||Joseph Kelleman|
|Executive Vice President, General Counsel, Director||Jason Groves|
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|Shares Out.||13.8M||Book Value||$6.52|
|Annual Dividend Rate||$0.00||Price/Sales (TTM)||1.1|
|Ex-Div Date||1/1/01||P/Cash Flow (TTM)||13.2x|
|Pay Date||1/1/01||Operating Margin||7.06%|
*GAAP = prior to non-GAAP analyst adjusted earnings.