Frequently Asked Questions
Get to know Medifast, Inc.
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Medifast (NYSE: MED) is the company behind one of the fastest-growing health and wellness communities, OPTAVIA®, which offers scientifically developed products, clinically proven plans and the support of independent OPTAVIA Coaches and a Community to help Customers achieve Lifelong Transformation, One Healthy Habit at a Time®. As the publicly traded market leader by revenue in the U.S. $7 billion weight management industry, the company has impacted more than 2 million lives through its Community of OPTAVIA Coaches, who teach Customers how to develop holistic healthy habits through the proprietary Habits of Health® Transformational System. Medifast was recognized in 2022 as one of America’s Best Mid-Sized Companies by Forbes, 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.
Medifast was incorporated in Delaware in 1989.
100 International Drive
18th Floor
Baltimore, Maryland 21202
As of December 31, 2022, the Company employed 874 employees. At that point, our workforce demographics were as follows:
| Race | ||
| American Indian/Alaskan Native | 4 | |
| Asian | 84 | |
| Black or African American | 387 | |
| Hispanic or Latino | 71 | |
| Native Hawaiian or Other Pacific Islander | 1 | |
| Not specified | 24 | |
| Two or more races | 30 | |
| White | 273 | |
| Gender | ||
| Female | 431 | |
| Male | 442 | |
| Other | 1 | |
| Age | ||
| 18 to 25 | 60 | |
| 26 to 35 | 288 | |
| 36 to 45 | 223 | |
| 46 to 55 | 169 | |
| 56 to 65 | 112 | |
| 66+ | 22 | |
Medifast's fiscal year ends on December 31.
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Medifast does not provide a direct stock purchase plan.
Medifast announced on December 16, 2015 that its Board of Directors authorized a dividend program under which it intends to pay a regular quarterly cash dividend to its stockholders. The Company expects to maintain a program of paying dividends on a quarterly basis. However, the declaration of dividends in the future is subject to the discretion of the Medifast Board of Directors, who will evaluate the Company's dividend program from time to time based on factors that it deems relevant. To view our dividend history click here.
Medifast's common stockis traded on the New York Stock Exchange under the symbol "MED."
Please click here to read an electronic copy of the current annual report.
Please click here to request a hard copy.
Please click here to request an investor packet, or contact Jim Maloney at InvestorRelations@medifastinc.com or 1-800-763-9953
Please click here.
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For restricted stock matters, please contact Jim Maloney at 1-800-763-9953.