Q3 Earnings Highlights: Medifast (NYSE:MED) Vs The Rest Of The Personal Care Stocks [Yahoo! Finance]
MEDIFAST INC (MED)
Last medifast inc earnings: 2/26 04:05 pm
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US:NYSE Investor Relations:
ir.medifastnow.com
Company Research
Source: Yahoo! Finance
Today, we are looking at personal care stocks, starting with Medifast (NYSE:MED). While personal care products products may seem more discretionary than food, consumers tend to maintain or even boost their spending on the category during tough times. This phenomenon is known as "the lipstick effect" by economists, which states that consumers still want some semblance of affordable luxuries like beauty and wellness when the economy is sputtering. Consumer tastes are constantly changing, and personal care companies are currently responding to the public's increased desire for ethically produced goods by featuring natural ingredients in their products. The 11 personal care stocks we track reported a mixed Q3. As a group, revenues were in line with analysts' consensus estimates while next quarter's revenue guidance was 16.1% below. In light of this news, share prices of the companies have held steady as they are up 4% on average since the latest earnings results. Known for its Opt
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News
- Nature's Sunshine (NATR) Q3 Earnings Report Preview: What To Look For [Yahoo! Finance]Yahoo! Finance
- Medifast Inc (MED) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic ... [Yahoo! Finance]Yahoo! Finance
- Medifast, Inc. (NYSE: MED) was upgraded by analysts at DA Davidson from an "underperform" rating to a "neutral" rating. They now have a $17.00 price target on the stock, up previously from $16.50.MarketBeat
- MED Q3 Earnings Beat, Revenues Fall on Customer Acquisition Challenges [Yahoo! Finance]Yahoo! Finance
- Medifast (NYSE:MED) Posts Better-Than-Expected Sales In Q3 But Quarterly Guidance Underwhelms [Yahoo! Finance]Yahoo! Finance
MED
Earnings
- 11/4/24 - Beat
MED
Sec Filings
- 11/13/24 - Form SCHEDULE
- 11/4/24 - Form 10-Q
- 11/4/24 - Form 8-K
- MED's page on the SEC website