Press Release Summary = Medifast Announced First-Quarter 2006 and the stock is rising. By what is the main reasons why this is happening?
Press Release Body = FOR IMMEDIATE RELEASE 5/21/2006
By Glenn Freiboth Certified Health Advisor www.GetYouHealth.com Naperville, IL
GetYouHealth.com - Medifast Reaches New Highs in Weight Loss Mgmt.
For the quarter ended March 31, 2006, Medifast reported revenue of $19.2 million, a 130% increase from $8.3 million in the first quarter of 2005. Medifast diet products and meal substitutes used for long-term doctor-supervised weight loss programs, soared $1.01, or 6.3 percent, to a 52-week high of $17.01 in midday trading on the American Stock Exchange, a day after its first-quarter profit surged. The stock has been trading in a 52-week range of $2.82 to $16.
We will explain in this press release the reasons why Medifast stock is on the rise.
For one thing, millions of people rely on the premier clinically proven weight loss products and programs for losing weight and maintaining it. Other diets are failing like the Atkins diet. Shares of eDiets.com, a health and fitness Web site that provides information, advice, products and services, slumped Wednesday, May 17 after an analyst downgraded the stock on a decline in its core subscription business. eDiets.com hawks many different diets, in which most people don\'t succeed with in the long run.
The Take Shape for Life team of doctors uses the BeSlim Philosophy that works for the vast majority of people after they have reached their target weight.
They have discovered the secrets to long-term weight loss, but these are no quick fixes. According to Dr. Wayne Andersen, \"To keep lost weight off, people must change their approach to exercise and develop new habits.\"
They\'ve identified six behaviors common among people who\'ve kept the weight off which embodies the BESLIM Philosophy:
1) Breakfast Every Day High quality fuel is essential to start the day off right.
2) Exercise Continued exercise increases metabolism, provides strength, flexibility and mental clarity.
3) Support Mentors and coaches help you reach and maintain your goals, providing the coaching, tools, education and caring support you will need along the way.
4) Low Fat Meals Eating 5-6 times a day frequently, controlling portion and total calories, especially those from fat, are critical for success.
5) Individual Plan Create an Individual plan to help you achieve an optimal healthy lifestyle and build the skills and strategies people need to cope with modern life.
6) Monitor Weigh yourself on a regular basis to maintain optimal weight. Catch it before it becomes a challenge.
Medifast has been helping people lose weight and achieve better health for 25 years. Its meal replacement foods have been proven effective in multiple clinical studies, recommended by over 15,000 physicians and used by more than 1 million customers. Medifast offers its customers world-class customer service and nutrition support.
Contact Glenn Freiboth for more insights into this topic. Direct line: (800) 928-4008 Email: TSFLNow@comcast.net
For More Information Contact:
Glenn Freiboth Naperville, IL TSFLNow@comcast.net http://www.GetYouHealth.com
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