Corporate Summary
Nutrisystem, Inc., based outside Philadelphia, is a leading provider of weight loss solutions. Flagship offerings include Nutrisystem® My Way®, a 28-day structured food delivery program; Fast 5+™, a one-week kick-start to help customers lose five pounds plus one inch off their waist in their first week of dieting; and multi-day Nutrisystem Jumpstart™ Your Weight Loss Kits. Structured programs and do-it-yourself (DIY) individual weight loss journeys can be complemented by the digital platform, NuMi® by Nutrisystem, which features a free app and is compatible with a wide range of fitness trackers and integrated with Apple HealthKit.
The Company’s product line offers the most meal choices, including more than 100 foods containing no artificial preservatives or artificial flavors. Nutrisystem® plans introduce innovative, new menu offerings on an ongoing basis; can be customized based on customer taste preferences and dietary needs; and are consistent with national guidelines for fat, sodium, sugar, cholesterol, fiber and physical activity. Nutrisystem offers comprehensive counseling options from trained weight-loss coaches, registered dietitians and certified diabetes educators and online support.
Current offerings are sold directly to consumers through nutrisystem.com, by phone, via QVC and at select retailers, with convenient home delivery throughout the U.S. and Canada and a money back satisfaction guarantee. The company’s robust e-commerce platform accounts for more than 70% of the transactions. Nutrisystem is well known for its direct marketing prowess and strategic use of customer and celebrity success stories in advertising and operates in a large and growing market. More than 160 million adults in the United States are overweight. At any one time, more than 85 million of them are trying to lose weight, and another 48 million are actively trying to prevent weight gain. By focusing on consumer needs, Nutrisystem believes it can expand into new segments of the $60-billion-dollar weight loss industry and beyond.
