Medifast's (MED) CEO Dan Chard on Q2 2018 Results - Earnings Call Transcript

8/3/18

Medifast Inc. (NYSE:MED) Q2 2018 Earnings Conference Call August 2, 2018 4:30 PM ET

Executives

Katie Turner – ICR

Dan Chard – Chief Executive Officer

Timothy Robinson – Chief Financial Officer

Analysts

Linda Bolton Weiser – DA Davidson

Doug Lane – Lane Research

Frank Camma – Sidoti

Operator

Good day, and welcome to the Medifast Second Quarter 2018 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded. I would now like to turn the conference over to Katie Turner from ICR. Please go ahead.

Katie Turner

Good afternoon, and welcome to Medifast Second Quarter 2018 Earnings Conference Call. On the call with me today are Daniel Chard, Chief Executive Officer; and Timothy Robinson, Chief Financial Officer. By now, everyone should have access to the earnings release for the period ended June 30, 2018, that went out this afternoon at approximately 4:05 p.m. Eastern Time.

If you have 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’d like to remind everyone that prepared remarks contain forward-looking statements and management may make additional forward-looking statements in response to your questions. The words believes, expects, anticipate and other similar expressions generally identifies forward-looking statements. These statements do not guarantee future performance and therefore undue reliance should not be placed on them.

Actual results could differ materially from those projected in any forward-looking statements. Medifast assumes no obligation to update any forward-looking projection that maybe made in today's release or on the call. All the forward-looking statements contained herein speak only as of the date of this call.

And with that, I would like to turn the call over to Medifast’s Chief Executive Officer, Dan Chard.

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