Medifast Inc (NYSE:MED)
$ 24.39 -0.04 (-0.16%) Market Cap: 266.76 Mil Enterprise Value: 130.90 Mil PE Ratio: 3.97 PB Ratio: 1.26 GF Score: 72/100

Q2 2020 Medifast Inc Earnings Call Transcript

Aug 05, 2020 / 08:30PM GMT
Release Date Price: $182.68 (+4.74%)
Operator

Good afternoon and welcome to the Medifast Second Quarter Fiscal 2020 Earnings Conference Call. (Operator Instructions) Please note, this event is being recorded. I would now like to turn the conference over to Scott Van Winkle. Please go ahead.

Scott Van Winkle
ICR, LLC - MD

Good afternoon, and welcome to Medifast's Second Quarter 2020 Earnings Conference Call. On the call with me today are Dan Chard, Chief Executive Officer; and Jim Maloney, Chief Financial Officer. By now, everyone should have access to the earnings release for the period ended June 30, 2020 that went out this afternoon at approximately 4:05 p.m. Eastern Time. If you've not received the release, it's available on the Investor Relations portion of Medifast website at www.medifastinc.com. This call is being webcast, and a replay will be available on the company's website.

Before we begin, we would like to remind everyone that prepared remarks contain forward-looking statements and management may make additional

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