Medifast, Inc. (MED) CEO Dan Chard on Q1 2019 Results - Earnings Call Transcript

5/2/19

Medifast, Inc. (NYSE:MED) Q1 2019 Earnings Conference Call May 1, 2019 4:30 PM ET

Company Participants

Katie Turner - ICR

Dan Chard - CEO

Tim Robinson - CFO

Conference Call Participants

Frank Camma - Sidoti & Company

Linda Bolton Weiser - DA Davidson

Doug Lane - Lane Research

Operator

Good day and welcome to the Medifast First Quarter 2019 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note today’s event is being recorded.

I would now like to turn the conference over to Katie Turner. Please go ahead.

Katie Turner

Good afternoon. Welcome to Medifast's first quarter 2019 earnings conference call. On the call with me today are Dan Chard, Chief Executive Officer; and Tim Robinson, Chief Financial Officer.

By now, everyone should have access to the earnings release for the period ended March 31st, 2019 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'd like to remind everyone that the prepared remarks contain forward-looking statements and management may make additional forward-looking statements in response to your questions. The words believe, expect, anticipate, and other similar expressions generally identify 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 projections that may be made in today's release or on today's call. All the forward-looking statements contained herein speak only as of the date of this call.

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

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