Medifast Named a SmartCEO Future 50 Blue Chip Award Winner

For the Third Year, Medifast Is Recognized as a Fastest Growing Large Company in the Baltimore Region

OWINGS MILLS, Md. - Jan. 27, 2014 // PRNewswire // - Medifast, Inc. (NYSE: MED), a leading United States manufacturer and provider of clinically proven, portion-controlled weight-loss products and programs, today announced that it has been named a Future 50 Blue Chip Award Winner by SmartCEO magazine.

The highly anticipated annual award recognizes 50 fast-growth mid-sized companies, five large Blue Chip companies, and five small Emerging Growth companies in the Baltimore region. As a Blue Chip Award winner, Medifast was recognized for its continued growth and focus on enhancing the customer experience to make healthy nutrition and lifestyle a reality for its customers.

"Medifast has continued to evolve to enhance our strategic priorities and support our long-term growth and profitability goals," said Mike MacDonald, Chairman & Chief Executive Officer. "As we look ahead over the next five years, we plan to expand to new markets domestically and globally, capitalize on our multi-channel approach, and introduce new products and programs to help more people in new places reach their weight and health goals."

SmartCEO Future 50 winners are chosen based on a three-year average of employee and revenue growth. The 2014 Baltimore Future 50 winners collectively generated $2.3 billion in annual revenue, experienced a 34.8% average three-year revenue growth, and employed 14,045 individuals. This is the third year that Medifast has been named to the Future 50.

As part of the recognition, Medifast was featured in the January/February issue of Baltimore SmartCEO magazine and was celebrated at an awards ceremony on January 23.

MED-G

About Medifast

Medifast (NYSE: MED) is the leading easy-to-use, clinically proven, portion-controlled weight-loss program. The company sells its products and programs via four unique distribution channels: 1) the Web and national call centers, 2) the Take Shape For Life personal coaching division, 3) Medifast Weight Control Centers, and 4) a national network of physicians. Medifast was founded in 1980 and is located in Owings Mills, Maryland. For more information, log onto www.MedifastNow.com.

SOURCE Medifast, Inc.

News Provided by Acquire Media

###

Share this Story:

Comments:

comments powered by Disqus

Franchise News Room »


News By Industry »


Featured Opportunities

Minuteman Press International
Minuteman Press is the world's largest & number 1 rated printing & marketing franchise. Our business model features multiple revenue streams,...
Which Wich® Superior Sandwiches
Which Wich is changing the franchising game with our fun, personalized, and incredibly attractive business approach.
Gloria Jean's Coffees
Gloria Jean's is known for its range of boldly flavored coffees and signature beverages. For nearly four decades, we have continued to innovate and...
Fantastic Sams
Fantastic SamsĀ® is one of the most recognized brands in the hair care industry with nearly 1,200 full-service salons in North America and 40 years...
RetroFitness
Retro Fitness is well positioned for today's economy and to dominate the low cost segment by offering a high quality and value add product in...

Subscribe to Franchising.com Express

A Franchise Update Media Production
Franchise Update Media | P.O. Box 20547 // San Jose, CA 95160 // PH. (408) 402-5681
Copyright © 2001 - 2017. All Rights Reserved.

In Loving Memory Of Timothy Gardner (1987-2014)