Medifast Ranks Second on FORTUNE’s Annual 100 Fastest-Growing List

Medifast, Inc. announced it was ranked second on FORTUNE© Magazine’s list of the top 100 Fastest-Growing Companies.

FORTUNE’s 2020 100 Fastest-Growing Companies list measures and ranks corporations by revenue growth rate, EPS growth rate and three-year annualized total return for the period ending June 30, 2020. The publication positions the list as an indicator of forces driving the global economy.

As the second fastest-growing company overall, Medifast ranks among other industry leaders such as Netflix, Etsy and Amazon.com. The company ranked No. 1 within the Healthcare sector and exclusively owned the Health and Wellness industry category.

“At a time when consumers are prioritizing their health and demanding a better solution, OPTAVIA’s unique, holistic approach is resonating,” said Dan Chard, chief executive officer of Medifast. “We are determined to offer the world lifelong transformation, one healthy habit at a time and this recognition shows that we are well on our way.”

This current recognition follows Medifast’s position on the 2019 list, where the company was ranked No. 34.

See the full FORTUNE Magazine’s 2020 100 Fastest-Growing Companies here.