Medifast Inc at Sidoti & Company Fall Conference Transcript
My name's Frank Camma. I'm the analyst that covers Medifast, covered the name for about 6 years now and think now is a great time to be looking at the company. I define it really as a healthy living company. The stock's really done well over the last couple of years, but it's at really half of its 52-week high, so it's a great time to look at it, extremely solid balance sheet, a lot of excess cash, a lot of growth ahead of it. There is some issues that I'm sure Tim will get into, particularly with growth -- near-term growth potential in Hong Kong, which is certainly sure there's going to be some issue. But ex that, the company has really been growing well domestically. And I think, to me, that's the opportunity here. There's no tariff issues or anything else, and it's certainly on trend with what the consumer wants.
So that being said, I think we got a little video here to kick that off with. That's Tim Robinson, the CFO from the company.
(presentation)
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