MEDIFAST INC (MED) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.739 Greetings and welcome to the Medifast fourth quarter 2025 earnings conference call. 00:00:05.739 -- 00:00:08.944 At this time, all participants are in a listen-only mode. 00:00:08.944 -- 00:00:12.849 A brief question and answer session will follow the formal presentation. 00:00:12.849 -- 00:00:16.855 Should anyone require operator assistance during the conference, please press star zero 00:00:16.855 -- 00:00:21.221 on your telephone keypad. As a reminder, this conference is being recorded. 00:00:21.221 -- 00:00:25.508 It is now my pleasure to introduce your host, Stephen Zenker, Vice President, Investor 00:00:25.508 -- 00:00:28.128 Relations. Thank you. You may begin. 00:00:28.128 -- 00:00:34.014 Good afternoon, and welcome to Medifast's fourth quarter 2025 earnings conference call. 00:00:34.014 -- 00:00:39.080 On the call with me today are Dan Chard, Chairman and Chief Executive Officer, Nick Johnson, 00:00:39.080 -- 00:00:43.244 President, and Jim Maloney, Chief Financial Officer. 00:00:43.244 -- 00:00:47.509 By now, everyone should have access to the earnings release for the fourth quarter ended 00:00:47.509 -- 00:00:49.791 December 31st, 2025, 00:00:49.791 -- 00:00:53.455 that went out this afternoon at approximately 4.05 p.m. 00:00:53.455 -- 00:00:58.599 Eastern Time. If you have not received the release, It is available on the investor relations 00:00:58.599 -- 00:01:03.242 portion of MetaFast's website at www.metafastinc.com. 00:01:05.347 -- 00:01:11.215 This call is being webcast, and a replay will also be available on the company's website. 00:01:11.215 -- 00:01:16.101 Before we begin, we would like to remind everyone that today's prepared remarks contain 00:01:16.101 -- 00:01:20.827 forward-looking statements, and managem...