MEDIFAST INC (MED) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.719 Ladies and gentlemen, greetings and welcome to the MediFast first quarter 2026 00:00:05.719 -- 00:00:11.326 earnings conference call. At this time, all participants are in listen-only mode. 00:00:11.326 -- 00:00:15.912 A brief question and answer session will follow the formal presentation. 00:00:15.912 -- 00:00:20.419 If anyone requires operator assistance during the conference call, please signal the 00:00:20.419 -- 00:00:24.945 operator by pressing star and zero on your telephone keypad. 00:00:24.945 -- 00:00:28.668 As a reminder, this conference is being recorded. 00:00:28.668 -- 00:00:33.535 It is now my pleasure to introduce your host, Medifast VP, Investment Relations, Stephen 00:00:33.535 -- 00:00:36.736 Zenker. Please go ahead. 00:00:37.420 -- 00:00:43.428 Good afternoon and welcome to Medifast's first quarter 2026 earnings conference call. 00:00:43.428 -- 00:00:48.615 On the call with me today are Dan Chard, Chairman and Chief Executive Officer, Nick Johnson, 00:00:48.615 -- 00:00:52.478 President, and Jim Maloney, Chief Financial Officer. 00:00:52.478 -- 00:00:56.823 By now, everyone should have access to the earnings release for the first quarter ended 00:00:56.823 -- 00:00:59.365 March 31, 2026, that 00:00:59.365 -- 00:01:02.549 went out this afternoon at approximately 4.05 p.m. 00:01:02.549 -- 00:01:07.734 Eastern Time. If you have not received the release, it is available on the Investor Relations 00:01:07.734 -- 00:01:12.037 portion of Medifast's website at www.medifastinc.com. 00:01:14.101 -- 00:01:19.850 This call is being webcast, and a replay will also be available on the company's website. 00:01:19.850 -- 00:01:24.741 Before we begin, we would like to remind everyone that today's prepared remarks contain 00:01:...