Month: July 2022

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Highly potent weed creating marijuana addicts worldwide, study says

Highly potent weed creating marijuana addicts worldwide, study says

In contrast with people who use decrease-efficiency products (usually 5 to 10 milligrams for each gram of THC), all those who use bigger-potency cannabis are more very likely to experience habit and mental wellness outcomes, in accordance to the review published Monday in the journal Lancet Psychiatry.

Scientists have founded a “normal THC unit” of 5 milligrams of THC for investigate. That quantity is claimed to develop a gentle intoxication for nonregular consumers.

“One of the best quality scientific studies bundled in our publication located that use of substantial potency cannabis, compared to lower potency cannabis, was connected to a 4-fold improved possibility of dependancy,” claimed study coauthor Tom Freeman, a senior lecturer in the department of psychology and director of the habit and mental health and fitness group at the University of Bathtub in the United Kingdom, in an e mail.

Weed users nearly 25{35112b74ca1a6bc4decb6697edde3f9edcc1b44915f2ccb9995df8df6b4364bc} more likely to need emergency care and hospitalization

The European Checking Centre for Drugs and Drug Dependancy identified a 76{35112b74ca1a6bc4decb6697edde3f9edcc1b44915f2ccb9995df8df6b4364bc} increase in people entering therapy for hashish addiction around the previous ten years, “when hashish potency continued to increase throughout the exact time,” Freeman reported.

In addition, “a report by the United Nations observed that in the earlier two many years, the proportion of men and women looking for cure for hashish dependancy has risen in all earth locations aside from Africa,” he reported.

A annually increase in potency

In a gram of herbal hashish, the dried and harvested tops of female cannabis plants that are commonly smoked, THC concentrations increased by roughly 2.9 milligrams each individual 12 months, according to a 2020 review by Freeman and his workforce at the College of Bathtub.
The potency of marijuana has been increasing every year since the 1970s, studies have found.

In hashish resin, the sticky brown sap on the plant from which extracts and concentrations are created, THC ranges improved by roughly 5.7 milligrams each individual 12 months from 1975 to 2017, the examine uncovered. Concentrated solutions can get to particularly higher stages of THC.

This yearly rise in potency may perhaps not be distinct to customers, specialists concern. Even though on the lookout at a solution label may possibly tell a human being the “exact potency” of THC in a retail store where marijuana is lawfully offered, “people acquiring cannabis illegally may perhaps not be equipped to access responsible information and facts about the potency of the merchandise they are making use of,” Freeman explained.

“Even so, certain styles of cannabis are typically additional strong than other individuals — cannabis extracts are usually more potent than cannabis flower,” he included.

Whilst folks do check out to regulate their intake when the efficiency of their hashish may differ, “this sort of as by including considerably less cannabis to their joint or inhaling fewer deeply,” these endeavours are unsuccessful to wholly work, Freeman stated. That signifies “larger efficiency products however produce a more substantial dose of THC to individuals than decrease efficiency items,” he stated.

Psychological wellness influenced

As cannabis became extra strong, instances of cannabis-connected psychosis rose, the assessment located. Psychosis is a “reduction of speak to with fact” that can be characterized by hearing voices and getting delusions, Freeman explained.

Using marijuana may affect your ability to think and plan, study says

“The proof linking cannabis potency to dependancy and psychosis was pretty crystal clear,” he claimed.

Significant-potency weed buyers look to have a considerable improve in the likelihood of creating generalized anxiousness condition than these who smoke considerably less sturdy strains of cannabis, a 2020 examine had observed.

Nevertheless, the new evaluate of scientific studies found a “extra assorted” relationship in between the raise in marijuana efficiency and melancholy and stress, “meaning that the effect is unclear for these other psychological wellbeing outcomes,” Freeman stated.

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PetMed Express, Inc. (PETS) CEO Matthew Hulett on Q1 2022 Results – Earnings Call Transcript

PetMed Express, Inc. (PETS) CEO Matthew Hulett on Q1 2022 Results – Earnings Call Transcript

PetMed Express, Inc. (NASDAQ:PETS) Q1 2022 Earnings Conference Call July 25, 2022 4:30 PM ET

Corporate Participants

Matthew Hulett – President and Chief Executive Officer

Bruce Rosenbloom – Chief Financial Officer

Conference Call Participants

Erin Wright – Morgan Stanley

Corey Grady – Jefferies

Anthony Lebiedzinski – Sidoti & Company

Operator

Welcome to the PetMeds Conference Call to Review the Financial Results for the First Fiscal Quarter Ended June 30, 2022. At the request of the company, this conference call is being recorded. Founded in 1996, PetMeds is your trusted pet health expert delivering prescription and nonprescription pet medications and other health products for dogs, cats, and horses direct to the customers. PetMeds’ markets its products through advertising and promotional campaigns, which directs customers to order online or by phone and which are intended to increase the recognition of the PetMeds brand name. PetMeds provides an attractive alternative for obtaining pet medication in terms of convenience, price, ease of ordering, and rapid home delivery.

At this time, I would like to turn the call over to the company’s Chief Financial Officer, Mr. Bruce Rosenbloom.

Bruce Rosenbloom

Thank you. And I’d like to welcome everybody here today. I would also like to remind everyone that the first portion of this conference call will be listen-only until the question-and-answer session, which will be later in the call. Also, certain information that will be included during this call may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 or the Securities and Exchange Commission that may involve a number of risks and uncertainties. These statements are based on our beliefs as well as assumptions we have used based upon information currently available to us. Because these statements reflect our current views concerning future events, these statements involve risks, uncertainties, and assumptions. Actual results could differ materially from those projected. The company undertakes no obligation to update these statements based on subsequent events. We have identified various risk factors associated with our operations in our most recent Annual Report and other filings with the Securities and Exchange Commission.

Now let me introduce our CEO and President, Matt Hulett. Matt?

Matthew Hulett

Thanks, Bruce. Good afternoon and thank you for joining us for our fiscal 2023 first quarter call. As a reminder, PetMeds pioneered the online pet prescription business over 26 years ago. And this is a legacy of which everyone at PetMeds is very proud. As I approach the one-year mark, since taking over as CEO and President, I continue to believe that PetMeds is a terrific company with a talented and dedicated workforce, serving a large and loyal customer base that supports our vision that every pet deserves to live a long, happy, healthy life.

My commitment to all of our stakeholders is to be open and transparent, particularly as it pertains to our progress with engineering the transformation of this iconic company. Today, I will break the call into four themes. One, an update on our core business; two, an update on our partner strategy; three, a major change to our management team; and four, the progress on our business transformation.

So let’s start with an update on our core business. As we mentioned in our last call, we saw a slow start to flea and tick season due to seasonally colder temperatures, which continued into the early part of the most recent quarter. Due to the high concentration of our business in flea and tick and heartworm medications, the slower sales of these products in the month of April in particular had a material impact on the quarter. Once warmer temperatures returned to much of the country, stimulating more normal flea and tick and heartworm medication demand from pet parents, we saw the expected rebound of a repeat base later in the back half of the quarter.

First quarter sales were 70.2 million compared to sales of 79.3 million for the same period the prior year. And while we are disappointed with the overall sales results for the quarter, we are encouraged by the sales generated from our returning base of customers in mid-May and June. Adjusted EBITDA for the first quarter was down 10{35112b74ca1a6bc4decb6697edde3f9edcc1b44915f2ccb9995df8df6b4364bc} year-over-year. We haven’t produced the results in net new customer growth but I remain optimistic that the combination of the new team, new media allocation and refreshed creative will start to stimulate profitable new customers.

Expanding from a business that was primarily optimized to market to existing customers to a business that also includes a focus on generating new customers will take some time. The slow start to our flea and tick season this spring also had an impact on our ability to attract new customers. There were simply fewer buyers for our seasonally sensitive product catalog. However, we did start to see improvements in new customer acquisition towards the end of the quarter.

We continue to invest in our infrastructure, including processes systems and people and you will note that general and administrative expenses increased on a year-over-year basis. These are very targeted investments which we strongly believe will grow long-term shareholder value. In fact, we have partnered with a number of well-seasoned third-party resources known and trusted by me and my team, particularly with regard to turnarounds to cost efficiently and quickly improve our ecommerce site delivery, usability testing, data analytics, capability and more. For instance, we have just enabled a new data warehouse that we call Pet House that gives us deep insights into our first party data that spans our 26 years.

On the marketing front, we’ve intentionally kept our variable marketing spin relatively flat year-over-year. Again, since April was slower due to unseasonably low temperatures, we determined that it wasn’t prudent to spend against lower demand. Our LTV to CAC number will be dynamic, but profitable as we test and learn. Our new customer count for the quarter was approximately 69,000 and our LTV to CAC for the quarter was 1.5.

To reiterate, we believe LTV to CAC is a more meaningful measure of the marketing value creation versus using PetMeds traditional [well as] [ph] metric. We expect to see this LTV to CAC number grow as we migrate more of our returning customers to our AutoShip subscription program. And as we expand average order value over the life of our customers.

Our AutoShip program continues to grow approximately 34{35112b74ca1a6bc4decb6697edde3f9edcc1b44915f2ccb9995df8df6b4364bc} of our revenue was recurring revenue derived from our AutoShip subscription program during the June quarter. We will be announcing some exciting new enhancements to our subscription program that we will address later on. During our last earnings call, we discussed our recent investment in partnership with Vetster, a pet telehealth company that connects pet parents with licensed veterinarian professionals all over North America.

Today, we are even more excited about this partnership and are making a ton of progress on our go-to-market and partner integration. I will spend more time detailing the progress later on this call. We are rapidly moving on the execution of our pet health expert strategy with the first building block of the strategic pillar being telemedicine. We have many other initiatives and partnerships underway that we plan to disclose at a future date.

Lastly, I would like to announce a significant new addition to the team and executive to the company. Over the last several quarters, we spent a great deal of time discussing our new strategy, processes, product and people. In terms of people, we have invested in an expanded leadership team that has experienced with both digital transformation and scaling a company. We have added several new executives in the last six months.

I am pleased and excited the latest member of my team Christine Chambers who officially joins us as PetMeds new Chief Financial Officer on August 3, you will get the chance to hear from Christine on our next call. As of course she will be participating in our earnings calls going forward. Christine is a seasoned finance professional with extensive experience transforming public and private companies. She was most recently the Chief Financial Officer at Real Networks. Prior to this, Christine and I worked together closely when she was the Senior Vice President of Finance at Rosetta Stone Incorporated. She has extensive and relevant experience that I am confident will help PetMed start to regain growing market share. And I’m personally delighted that Christine is joining our executive team.

The Board of Directors and I would like to thank Bruce Rosenbloom for his myriad of contributions to PetMeds for over 20 years. With an intense dedication to the company, Bruce has made a substantial impact as the Chief Financial Officer for over 20 years. The Board of Directors and all of the team members of PetMed thank him for his service. Bruce will be officially staying on for several months in a consultative capacity to ensure a smooth operational handoff. Thank you, Bruce for all you’ve done.

Now let us dive deeper into the details with the presentation material. As always, we’d like to feature pictures of our customers and employees pets in our slide decks. You will see many original pictures throughout this presentation. Starting with this slide which features my dog Harry, a pet meds customer since he was eight weeks old. Let us start with a look at the current market and our perspective on the overall opportunity.

As we covered in our previous earnings calls, PetMeds operates in a very large and growing addressable market. The total U.S. pet market is over 100 billion in annual sales and it is expected to reach 120 billion by 2024. The addressable pet medication market where we participate today is approximately 10 billion and also growing rapidly. We’re actively working on improving and growing our core business and that addressable market, while also setting our sights on expanding our addressable market into the broader wellness market, which is estimated to be over 30 billion.

Today, we are one of the leading and most trusted pet pharmacies. PetMeds is also an important part of the strategy of many of the pet platforms and players in the industry. As I have learned, there are not many truly reliable online prescription providers for these pet platforms and players to partner with, which puts us in an enviable position. Our core asset and demonstrated competency around prescriptions enables us to move much more quickly to execute on a broader pet health expert strategy.

We also operate in a market that is growing with underlying behavioral trends that are favorable to digital retailers, and it is a great time to be in a pet business. We also know that the pet vertical is more resilient than other verticals when there’s a financial downturn. In particular, it is a great time to be a retailer that is focused on essential consumables. U.S. household pet ownership has increased over time and today, seven out of 10 U.S. households have a pet. In a post-COVID world most pet parents are going to need and will seek out health and wellness care provided by a trusted brand. PetMed is uniquely positioned to take advantage of this trend.

Pet parents see their pets as an extension of their own families and they are increasingly demanding more healthy pet care options. We see this as a positive trend for PetMeds, and an opportunity for growth. Similarly, aligned with the trends in human health pet parents are thinking through the entire spectrum of their pets care from diet to veterinary services, and from infancy through old age. While some well-known retailers enter the market by means of pet food first, and then expand it, PetMed started first in the most difficult RX end of the market, and we are now expanding out. To that end, we intend to move much more aggressively this year in expanding our product assortment and catalog. We see significant compounding upside in the form of increasing recurring sales, increasing customer loyalty and increasing share of wallet by providing a broader non medication product assortment to pet owners.

Lastly, the pandemic accelerated the increasing trend for the digitization of healthcare. Specifically in the pet market regulations related to in person veterinarian visits and prescription fulfillment were temporarily waived for the first time during COVID. And these services moved online in unprecedented ways. PetMed is ahead of the curve on this trend with our strategic partnership and investment in pet telemedicine Vetster. With this groundbreaking partnership, we believe we are enabling the first real mainstream pet telemedicine platform and the one that will prove to be an accelerator of widespread adoption of pet telemedicine.

During the last earnings call, we discussed some key PetMed differentiators. I want to reiterate those because they are important and I believe they provide a real edge for a company’s transformation. First, our brand is both widely known and trusted. Our own market research indicates that 55{35112b74ca1a6bc4decb6697edde3f9edcc1b44915f2ccb9995df8df6b4364bc} of U.S. pet parents are aware of the PetMeds brand, having a strong brand takes years to develop and our customers look to PetMeds as their trusted pharmacy and pet medication expert. We will be leaning more into the brand in our external communication with more dynamic and relevant messaging and new channels to take advantage of our large brand goodwill.

Second, we have strong operational and quality efficiency as a pharmacy. The customer care integration with our pharmacy is world-class, which ensures that customers get their products delivered as promised quickly and accurately. Additionally, our vet partners reliably receive quality service delivered through our vet platform. We will be looking to expand our vet network and provide enhanced service to them with new technology delivered through our partnership with Vetster.

Our deep experience with the vet community is a significant competitive advantage. We have one of the largest direct to consumer vet networks in the online retail space with over 70,000 veterinarians that we have worked with over the company’s history. Currently our online vet portal has 17,000 active veterinarians and vet clinics. As I said in early earnings calls, this is a core capability and a unique asset because it enables us to expand our fulfillment capability as we scale our business.

Our intent is to drive incremental revenue through a powerful platform offering to our vet partners in the near future. We view vet as our partners in jointly providing a greater array of pet health services to pet parents, to that end we will continue working together holistically to improve that ability to care for pets. Ultimately, we believe if we help vets the profits for both the vets and for PetMeds will follow.

Our pet pharmaceutical category expertise is something I view as a towering strength. Many retailers can sell dog food but few can provide medication and sound health advice at scale. As I’ve said before, being a differentiated pet medication provider allows PetMeds to excel in our health and wellness offerings and continue to be viewed as trusted Pet Health experts especially as the market continues to become even more competitive.

PetMeds currently enjoys a close and strategic bond with our many supply partners, and those relationships have developed over time to become even more strategic. We have direct relationships with all of our major suppliers and have worked together closely to effectively market their products to our customer base. Our customer service and overall customer centricity ethos permeates our culture and is demonstrated throughout our team. We provide 100{35112b74ca1a6bc4decb6697edde3f9edcc1b44915f2ccb9995df8df6b4364bc} satisfaction guarantee, and we go the extra mile for our customers with truly empathetic and expert service. We don’t just have a transactional interaction with our customers, we have built trusting genuine relationships, our customers view PetMeds as a trusted pet health expert, and we take that responsibility seriously.

I recently had the pleasure of receiving an email directly from a customer concerning a phenomenal interaction with one of our Customer Care reps. Here’s what they had to say. Dear Mr. Hulett. The purpose of my letter is to bring your attention to my experience with a member of your team Jennifer, during my call with your company yesterday. Having the need to reorder Riley’s my dog monthly med, I called your company yesterday and was connected to Jennifer, for a knowledgeable professionalism and patience with me were outstanding. Being disabled without income and living on my savings. I had a lot of questions about different meds and the different ways I might be able to save some money. I’m sure my time with Jennifer probably extended past company policy regarding time, as most places you call, they rush you on and off the phone only wanting to take an order and get to the next customer. This was not the case. I had a lot of questions. And Jennifer was so patient and kind and assured me she was there to help me and that she was going to do it.

For time with me on the phone yesterday was at a great example of a dedication to PetMeds, and her love for helping others. I’m very impressed and thankful for her time and patience with me. Again, thank you for your company’s outstanding service. With the many different choices that are available to us to choose our med for our animals. I can tell you, it’s the folks like Jennifer that will keep them coming back. Should I have an opportunity to refer others be assured it’s PetMeds where I will be sending them to.

Jennifer is a perfect example of our employees dedication to our customers and their pets well being. And I’m delighted to share this story and recognize Jennifer and all of her colleagues for their exemplary customer service. PetMeds has historically been a somewhat low growth, yet high dividend-based company and we are proud to have created in return so much value to our shareholders. We are intent, however, upon becoming a higher growth company to create even more value, and we believe we are in a great position to do that. PetMeds is profitable with a pristine balance sheet. We do not have any debt. We have approximately 105.4 million in cash and cash equivalents as of June 30, 2022, and we are cashflow positive.

PetMeds is moving much of our business from a transactional direct-to-consumer model to a subscription business. subscription businesses are clearly compelling business models due to their predictable and stable recurring cash flows. As I mentioned at the beginning of the call, we ended the June quarter with approximately 34{35112b74ca1a6bc4decb6697edde3f9edcc1b44915f2ccb9995df8df6b4364bc} of our customers enrolled and ordering via our AutoShip and save subscription program. We continue to have a large base of returning customers, which is an indication of the quality service and the value that we deliver. We are fortunate to have a large base of 2 million pet parents that have purchased from us over the last two years.

We have over 26 years of experience as a pure play pet pharmacy, fully licensed in 50 states delivering outstanding service and value. This domain experience is what I would call the more complicated part of the pet ecosystem, which makes our progression into other segments much easier. Our customers just love our brand and our service. Our NPS score is over 80 which puts us in the upper quartile along with some of the most beloved brands in the world.

Now, I’d like to have Bruce review our financials for the quarter.

Bruce Rosenbloom

Thanks, Matt. During the review of our financial results, we will compare our first fiscal quarter which ended on June 30, 2022 to last year’s quarter that ended on June 30, 2021. I would also like to highlight that we introduced new non-GAAP financial metrics during our last fiscal year, adjusted EBITDA and adjusted EBITDA per share. We decided to include these new metrics because they are key measures used by management and by our Board to evaluate our operating performance, generate future operating plans and make strategic decisions regarding the allocation of capital.

Additionally, adjusted EBITDA and adjusted EBITDA per share, provide a more accurate picture of our underlying profitability and also take into account the more recent increases in non-cash stock-based compensation and other expenses. Throughout our most recent fiscal year, we faced a unique situation comparing two totally different environments between 2020 pandemic and 2021 mostly post-pandemic. As we move forward into our current fiscal year, the year ending March 31, 2023, with our new marketing partnerships, agencies and processes, we expect to be much more efficient with our variable marketing spend with improved results, and with many of our highlighted initiatives firmly in place.

For the current year, first quarter sales were 70.2 million, compared to sales of 79.3 million for the same period in the prior year, a decrease of 11.5{35112b74ca1a6bc4decb6697edde3f9edcc1b44915f2ccb9995df8df6b4364bc}. As Matt mentioned earlier, while we were disappointed with the sales decline year-over-year, we were encouraged by the sales trends we saw later in the June quarter. Reorder sales decreased by 7.8{35112b74ca1a6bc4decb6697edde3f9edcc1b44915f2ccb9995df8df6b4364bc} to 63.3 million for the quarter ended June 30, 2022, compared to reorder sales of 68.7 million for the same quarter the prior year, using a consistent 36-month definition of a new customer.

With the increasing AutoShips subscription adoption, we see more opportunities to continue to build our relationships with our loyal customer base. We will also look to continue to improve our reorder sales by marketing to our customer base with increased product offerings and services.

During the June quarter, we made a change to the methodology of how we calculate the percentage of revenue that was generated by our AutoShip and Save program. Going forward, we will report AutoShip net of discounts and credits. And we will also report the average of our AutoShip attainment over the quarter versus the last month of the quarter. Please note that this change to the calculation resulted in a decrease to the AutoShip percentage that was previously reported by only a few percentage points. We believe that this change reflects a more accurate representation of our subscription business for stakeholders to gauge its performance.

We are encouraged by the adoption of this program, and have seen an increasingly positive trend over the last several quarters since we launched this program. For example, our quarterly AutoShip percentage increased from 20{35112b74ca1a6bc4decb6697edde3f9edcc1b44915f2ccb9995df8df6b4364bc} in the December quarter to 31{35112b74ca1a6bc4decb6697edde3f9edcc1b44915f2ccb9995df8df6b4364bc} in the March quarter, and averaged 34{35112b74ca1a6bc4decb6697edde3f9edcc1b44915f2ccb9995df8df6b4364bc} for the most recent quarter ended June 30, 2022.

For the first quarter of fiscal 2023, our gross profit as a percentage of sales increased by approximately 95 basis points to 28.4{35112b74ca1a6bc4decb6697edde3f9edcc1b44915f2ccb9995df8df6b4364bc} compared to 27.5{35112b74ca1a6bc4decb6697edde3f9edcc1b44915f2ccb9995df8df6b4364bc} for the same period a year ago, as some of the major manufacturers shifted their funding from cooperative marketing rebates and discounting product costs to funding discount promotions, which support our AutoShip and Save subscription program. There may be an opportunity to improve gross margins in fiscal 2023, if the shift to prescription medications continue and we can grow future sales with appropriate price promotions.

Net income was 2.8 million or $0.14 diluted earnings per share for the first quarter of fiscal 2023 compared to 4.4 million or $0.22 diluted earnings per share to the same quarter last year. Adjusted EBITDA for the first fiscal quarter was 6.3 million, or $0.31 on a diluted basis compared to 7.1 million or $0.35 on a diluted basis for the same quarter last year.

Adjusted EBITDA and adjusted EBITDA per diluted share, add back certain non-cash expenditures, including stock compensation, interest income and expense, income taxes, depreciation and amortization and other expenses, like the investment banking fee related to the Vetster partnership. Again, adjusted EBITDA and adjusted EBITDA per share our non GAAP key measures used by management and our Board to evaluate our operating performance, generate future operating plans and make strategic decisions regarding the allocation of capital.

We will continue to disclose these financial measures in our future filings. As a result of the intentional and strategic investments in headcount and infrastructure made over the past year. We have seen double-digit percentage increases in general and administrative expenses. We strongly believe these investments are necessary for our transformation, and we intend to continue to make prudent investments in the business to fuel and support future growth.

In the June quarter, we spent approximately $982,000 in capital expenditures with the majority of the spend related to the customization of our ecommerce platform and our new data warehouse. We expect to see a continued investment in capital expenditures to the tune of approximately $4 million for the remainder of fiscal 2023, which will be utilized to further customize our ecommerce platform and IT infrastructure. We had 105.4 million in cash and cash equivalents and 22.6 million in inventory with no debt as of June 30, 2022.

The company continues to be committed to returning capital to our stockholders as such, the Board of Directors declared a quarterly dividend of $0.30 per share on the company’s common stock that will be payable on August 19, 2022, to shareholders of record at the close of business on August 12, 2022.

Also, please note that the declaration and payment of future dividends is discretionary and will be subject to a determination by the Board of Directors each quarter.

Now, I’d like to hand the presentation back over to Matt.

Matthew Hulett

During our last earnings call, we revealed our long-term strategy with some degree of specifics. PetMeds is moving from being just a leading pet medication retailer to being a market leader and expert pet healthcare. We envision a world where the majority of vet services and pet care move digitally. We’re in the early days of this digital transformation, but it is coming rapidly. We believe that a digitally enabled and data driven future will be the preferred mode of delivery for pet parents.

We have taken important steps towards executing on our long-term strategy, starting with our recent announcements that we’ve made in the telemedicine space. The strategic pillars that will be executing on are nutrition, medications, wellness and care with data both driving and being at the heart of our services. Our recent announcement with Vetster is the first building block of our care offering. During the last call, we discussed how this partnership is a real unlock in both technology and ecommerce integration which provides a powerful combination that has never been introduced in the pet category. We see a panoply of upsides and opportunities including first mainstream launch, we believe we’re the first company to introduce pet telemedicine to the mainstream connecting 2 million pet parent customers with over 70,000 veterinarians in the PetMeds network. Close the Loop, direct Connect access to a telemedicine experience that closes the loop between the pet parent and is that so that the prescription medication can be prescribed directly to a pet parents in many cases without the need of an in office visit new revenue streams. This partnership creates new revenue streams within PetMeds and the potential for new revenue streams from traffic driven from investors platform.

Go-to-market acceleration, unique investment in partnership terms allow pets to accelerate or go to market on our new strategy. For example, PetMeds will leverage the Vetster platform to provide virtual vet clinic services embedded with our pet medication and retail platform directly into their platform.

Climbing up the sales funnel, we believe that offering telehealth will enable us to acquire new customers and to create more incentives for PetMed subscribers. PetMeds customers will be able to get instant care whether that is via text or live video chat with your vet, or with any vet provider through an exclusive to that marketplace access on your smartphone or desktop 24/7.

Veterinary Alliance, we think that this partnership is a huge win for vets too. We believe this partnership will allow us to provide attractive capabilities and additional revenue streams and work flexibility to our core vet network and beyond. Since signing our agreement just several months ago, we have already moved very quickly towards integrating PetMeds and Vetster’s core technologies. We have already integrated two services in each other’s platform which include PetMeds integration.

PetMeds catalog Rx and ecommerce capability is now directly integrated into that stir. That means that now for any customer that has a direct veterinary relationship or resides in a state that allows for digital prescription fulfillment, any bet on investor will be able to triage, diagnose and then prescribe medication directly from a computer or mobile device. This level of integration happens directly as a virtual appointment. The data from the prescription and the overall appointment is integrated into the pet parents personal pet health dashboard. This innovation means that as virtual care increases for pets, PetMeds can become the engine that powers the ecommerce transaction behind this trend.

Vet Live is a new experience that we’ll be rolling out over the next several months. And the first of many services that we’ll be launching over the quarter. Vet Live is an exclusive veterinarian marketplace, integrated directly inside the PetMeds. Vet Live connects pet parents to 1000s of licensed veterinarians ready to provide the best online vet services through video chat appointments 24/7. I think about virtual care the way some entrepreneurs thought about the App Store as a potential to reach out to a global audience instantly. The companies that didn’t have the foresight to take advantage of a platform change like this missed out on a huge value unlock. Direct access to an exclusive network of extraordinary vet care providers is a very high engagement and high value proposition for pet parents. And we believe this will be a very sticky offering. And this is just one of many examples of how we believe we are building a very compelling platform for the next big trend in pet health.

We have made substantial and measurable progress on our transformation of the business over the last several quarters, and we remain laser focused on execution. Now that we have the majority of the new people process and strategic elements of the business underway, here’s what you can expect from us over the next couple of quarters in terms of our organic and inorganic growth focus.

Improvement in new customer growth. We will be expanding and accelerating our new customer acquisition efforts, which are critical to our long-term success. Continued migration of our business to a recurring subscription model. More active deployment of our capital. There are exciting opportunities for us to leverage capital to accelerate our transformation through investments, partnerships and acquisitions.

Full rollout of our pet telemedicine capability into the market. We will start to execute on the deployment and expansion of our integrations and partnership with Vetster. Expansion of product catalog and services. This includes a much wider product assortment, as well as adding more health and wellness services to our business.

Commitment to ESG. This year, we initiated our environmental, social and governance commitment. A great example of this is our Ukraine pet relief effort that we launched with IFA, as well as our longtime continued support of many U.S. based pet rescue and humane organizations. PetMeds firmly believes that we cannot consider ourselves successful as a business, if our team members, our communities, and our planet do not thrive as well.

Our strategy is still in the early stages of development at the heart of our commitment is getting back the pets, people in our planet. I can’t stress enough that it takes time to transform the company, especially in a highly competitive market and in an uncertain economic environment. But our market opportunity is clear and it is compelling. I’m confident that the foundation that we have been laying will meet that market opportunity in unique and innovative ways and will lead to increased operating results in shareholder value. PetMeds brand expertise and reputation are unparalleled. our balance sheet is strong. Our team is fantastic. And I am more excited about the future than ever. This ends our prepared remarks. Operator, we are now ready to take questions.

Question-and-Answer Session

Operator

Thank you. We will now be conducting a question-and-answer session. [Operator Instructions]. Thank you. Our first question is from Erin Wright with Morgan Stanley. Please proceed with your question.

Erin Wright

Hey, thank you for taking the questions. Can you give us an update on where we stand now with the flea and tick season? Were those sales just last or does it shift to the next quarter? And what are you seeing now on that front? And I think he used to give that quarterly seasonal weighting of what were considered seasonal products. I guess what does that cadence look like? Or what do you expected to look like this year compared to historical trends from a seasonal mix perspective? Thanks.

Matthew Hulett

Hi, Erin. This is Matt. Thanks for the question. Great to hear from you. A couple things about the quarter. It started out pretty slow, especially compared to March and we indicated that that March was slow due to seasonality around the temperatures being cold and it continued in April. And then it really progressively rebounded on our returning business through May through June and continues through July. So we’re pretty confident that parasiticide business of PetMeds is recovering very nicely. And that kind of maps to what we’ve seen in other supply chains and other partners that we’ve talked to.

And it’s very similar to what we’ve seen in subsequent historical practices in the business. Since we’ve been around for 26 years, we have some, a lot of data around this. To answer your question or point away, we use this as an extension to the season. It’s typically a six months season, we’re heavily weighted towards flea and tick and heartworm, and so we view the season being extended out versus contracting. Bruce, do you have any other follow up comments?

Bruce Rosenbloom

No, Matt. I think you covered everything there.

Erin Wright

Okay. Got it. Thanks. And then, more broadly, how are you thinking about pet spending in a tougher macro backdrop? And are you seeing any changes in customer behavior, for instance, in terms of trade down on products? Or pet owners moving from six months flea and tick packs to three months? Or has anything else changed or would be indicative of a change in consumer?

Matthew Hulett

Yes, Erin, great question. And we hope to change it in the future. As you know, we’re highly medication heavily Rx focused. And the good news about that is customers are very brand specific and brand loyal intend to not trade down. Maybe seen a little bit of impact on people trading down in terms of dosage, but not much. In the least this category, we’re seeing, not a lot of movement there. I think as we start thinking about broader consumable products, maybe food and other items, we’ll see some of that trade down. But in terms of brand loyalty to Rx, in particular, we have not seen a trade down behavior. Bruce anything to add there.

Bruce Rosenbloom

Historically when times have been tough, and again, I’ve been with the company’s through a few different downturns. You may see pet owners, instead of buying a six month supply, buying a three month supply, so a trading down from that perspective or stretching out that medication. We haven’t seen that yet. But that’s some behaviors we have seen in the past. So just something that we’ll keep tabs on, but as of right now, the data has not shown any significant changes.

Erin Wright

Okay. And one, just housekeeping question. Did you give new customer growth or total new customers acquired in the quarter?

Matthew Hulett

We did 59,000.

Erin Wright

Okay, got it. Thank you.

Matthew Hulett

You bet and add on to that Erin. And since we are still highly concentrated to Rx, particularly flea and tick and heartworm. April, just to be blunt, was not a great month to be acquiring those customers since the earth was pretty cold. So we were pretty, getting very optimistic actually, about our new customer acquisition initiatives underway, especially later in the quarter. So we expect to see good improvements throughout our calendar year and new customer acquisition. We’re getting more optimistic there.

Erin Wright

Okay, thank you.

Matthew Hulett

Thanks, Erin.

Operator

Thank you. Our next question comes from Corey Grady with Jefferies. Please proceed with your question.

Corey Grady

Hi. Thanks for taking my question. I wanted to follow up on your customer acquisition and ship initiatives. You tested new creative across the new channels during the quarter. Can you give us any more detail on results we’re seeing so far and where you are in terms of the marketing transformation?

Matthew Hulett

Hey, Corey. This is Matt. Thanks for your question. Thanks for hosting us recently in your conference. It was fantastic. I won’t go into the specific channels. But I think in a meta macro level, we’re definitely seeing rates get to more normal and/or in some cases, lower rates year-over-year, which is great news, which you typically see in some environments to get more macro challenge. But definitely on the performance marketing channels, we’re definitely seeing more stabilization, some cases, reduction of rates. Some channels are still high. I think we all know the issues around social but we’re definitely seeing a rationalization in rates is, I think growth oriented companies have readjusted how they think about their media mix. I think that is only going to be a net beneficiary for PetMeds.

And then that’s kind of the macro. The micro on us is, as you know, we spent some time talking about this app, PetMeds for a long time is focused on lower the funnel, aka performance marketing to its returning base. And since we had a new CMO and new partners starting about six months ago on a new strategy, we’ve definitely moved that shift to lean more into our brand and we’ve seen really strong results there. We expect those to continue and over this calendar year, we expect to see net new customer growth due to those efforts, and we’re feeling more optimistic about them. Did that answer your question, Corey?

Corey Grady

Yes, it did. It’s really helpful. And then for my second question, I just following up on the flea and tick, so given the known kind of flea and tick weakness coming into the quarter, how did reorder sales come in relative to your expectations? And then have you guys seen any change in seasonality to the vet industry that would typically precede a change in your reorder business?

Matthew Hulett

Yes, Corey, thanks. Thanks a lot for that. I will answer the first question first. With [indiscernible] April, how was I feeling about the quarter, I wouldn’t have been very optimistic, and then subsequently May and June got a lot more optimistic. So the quarter recovered to where we were expecting it to be and that continues into July on the returning side. Again, the new customer acquisition side was a little slow to warm up because the buyers weren’t there. And in terms of the vet cycle, we do tend to look a lot like the vet cycle, in terms of concentration of revenue. But also, the pattern for consumers with PetMeds is that the vet typically gets the first prescription and we get the secondary. We actually haven’t seen that as much as things are starting to recover that we are starting to see the similar cycles, even with the seasonality with colder temperatures. So don’t think that’s going to be much of a headwind for us as we come into this next quarter. Corey, I don’t know if that answered your question or not?

Corey Grady

It did. That’s helpful. Thank you.

Operator

[Operator Instructions] Our next question is from Anthony Lebiedzinski with Sidoti & Company. please proceed with your question.

Anthony Lebiedzinski

Yes, good afternoon. And thank you for taking the question. So as far as if I look at the traditional way of how PetMeds talk about advertising and new customer acquisition costs. So that was looks like about $92 for the quarter. How should we think about that number kind of going forward? I know, Matt, you’ve talked more about LTV to CAC. But I guess just for all us, old timers, we’ve covered the stock for a long time. How should we think about that on a go forward basis?

Matthew Hulett

Anthony, you’re referring to $92 is the absolute number for CAC.

Anthony Lebiedzinski

Right, yes. So if I take the advertising dollar amount divided by the number of new customers, which was just as close as far as 69,000, you said, so that comes out to $92?

Matthew Hulett

Yes. I just want to make sure we’re looking at the same sheet. In terms of the absolute number for CAC, we’re actually are feeling better about that, if you’re asking a directional question. So it’s been higher forces, my first stint as CMO for the business wasn’t the best quarter for CAC for the company. And we handed that to a more [impressive] [ph] CMO, but the CAC number for us is stabilized, it’s actually decreased a little bit due to this media mix. So on a go forward basis, we’re not thinking about and targeting CAC as a metric that we talk about. But since it’s easy to calculate, it’s actually been relatively stable and going down. The LTV number has been pretty stable as well. But we hope over time with recurring revenue and a broader catalog that just goes up because we get more opportunity to sell more products and get more engagement and a broad array of products. So I think LTV goes up over time.

And then I think right now Anthony, to answer your pointed question, I think $92 or maybe a little bit lower over time, it’s been going down as we’ve gotten smarter about our media mix. And also I think the current macro environment hasn’t been increasing as much which is worried us in the past. So I hope that’s helpful. We don’t pay good. I can’t predict what absolute number is going to be other than we’ve seen market improvement month-over-month, week-over-week and starting to stabilize in terms of price increases, so we’re feeling better about the CAC environment.

Anthony Lebiedzinski

Okay, that sounds good. Okay. So and I know it’s still early as far as a relationship with Vetster, but can you give us any sort of color as far as — I don’t know if you want to talk about the specifics, but as far as customers actually — your own customers using Vetster or vice versa. And Vetster customers using PetMeds to fill their orders, so can you give us any sort of additional color or details on that?

Matthew Hulett

Yes. And the first integration we did was to embed PetMeds as a private label inside of Vetster. Vetster is a startup. So really, they have a small amount of traffic right now. But it was a good “Watson Are You There” moment to determine whether it works or not, and A it works and B, customers are really delighted by the overall service. And I encourage everyone who’s listening to try, it’s really fantastic.

Secondarily, the big launch for us where the volume will start increasing and also getting more exposure on the site, and our mobile products will be Vet Live. And Vet Live will be the Vetster marketplace private labeled inside of our PetMeds properties. And that will come in the next several months, that’ll be the opportunity for us to really do some interesting things. The first part is just to engage with a pet telemedicine appointments live on the site. The secondary component is there’s a whole host of other sub services, we’re going to be launching, some will be an AutoShip, and the others will be extended from their current platform. But the first goal is to get, let’s say in the next several months Vet Live up to our current customers. And then we’ll start seeing a lot of a lot of usage there, Anthony.

So first things first, we launched in at work. The second point is PetMed should be getting that up live on our property in the next three months.

Anthony Lebiedzinski

Okay. And then lastly, for me, so unlike a lot of other consumer companies, where they’re dealing with bloated inventories, your actual inventory is lower than last year and lower than sequential basis. So that being said, I mean, do you feel like you have adequate inventory. Of course, there’s still ongoing supply chain issues that we’re hearing from other companies. So can you just talk about that as well?

Bruce Rosenbloom

Yes, Anthony. I’ll take that question. This is Bruce. Our inventory fluctuates from time-to-time, mostly due to opportunistic opportunities as far as buying. And we mentioned in the last call, at the end of the March quarter, we had an opportunity to take on additional inventory to reduce price. So we went ahead and pursued that. So we definitely were stocked up as of March 31. And sales, although recovering through the quarter, we’re still fairly slow in April. So I was saying the inventory levels where they are right now, around 22 million to 23 million, that’s probably a normalized level, maybe a little bit lower than maybe in past seasons, but not too long from where we’d like to be. And since we do have direct relationships with the manufacturers, lead times are cut really short based on how we used to procure. So no concern there, we are always going to be opportunistic, if there’s going to be enough that we have an opportunity to buy at a reduced cost. We’ll take advantage of that. And those usually come up usually traditionally at the end of the year, so around 12/31. So we’ll see how it shapes up. But there’s an opportunity. We’ll, take advantage of it.

Anthony Lebiedzinski

All right, terrific. All right. Thank you, Bruce. And thank you, Matt.

Matthew Hulett

Thanks, Anthony.

Operator

Thank you. Our question-and-answer portion of the call has ended. I would now like to turn the call back to Matt Hulett, the company CEO for his concluding remarks.

Matthew Hulett

Thank you, operator. As you just heard, the future of PetMed is much more expansive than just a prescription ecommerce company. We were building our strategy out and working hard to transform into a broader ecommerce and a subscription brand that reflects and leverages our status as a trusted pet health experts. I will continue to detail our progress and look forward to providing you with updates in the not too distant future. As always, thank you to all of our employees, customers, partners, suppliers, and investors for your continued confidence and support. Thank you for listening. And operator, this ends the conference call.

Operator

This concludes today’s conference. You may disconnect your lines at this time. Thank you for your participation.

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Best Weight Loss Programs: Most Recommended Diet Plans

Best Weight Loss Programs: Most Recommended Diet Plans

Eating well isn’t just about losing weight – it’s also about improving your overall health, focusing on your eating habits, and leading a more active lifestyle.

Although there are many different weight loss plans, the sheer number of popular diets makes it challenging to find one that suits you. Various weight-loss diets are more suitable, sustainable, and effective for others.

There are many best weight loss programs present in the market today. Which ones are the best? How effective are diet book recipes for weight loss? Although they offer excellent advice and share practical tips, it is hard to get a step-by-step plan with many success stories.

But, the right approach to a particular diet plan can ensure success.

Not only does a good weight loss program or a healthy diet plan provide a good foundation for building a healthy lifestyle, but it also offers many health benefits. Here are the 12 best weight-loss diet plans to help you lose weight and improve health.

The 12 Best Weight Loss Programs in 2022

NutriSystem Provide a healthy diet for people with heart disease, high blood pressure, high sugar levels, among many others
Custom Keto Diet It is a perfect keto diet plan containing low carb, high protein, and high fiber food items.
Weight Watchers WW helps you create daily, and weekly activity goals and then encourages you to meet your realistic weight loss goals.
Beachbody Help to control fat and achieve a Beachbody
GOLO GOLO promotes healthy weight loss by boosting metabolism and balancing insulin levels
Noom Help people lose weight by promoting low-calorie and nutrient-dense foods.
Hello Fresh Kickstart your weight loss journey by enhancing healthy eating habits and physical activity
LA Weight Loss LA Weight Loss touts a sensible, long-term weight management plan focused on portion control.
Diet Direct Offer a wide range of weight loss products and help people to lose weight
Beyond Body It contains only the food you love and a customized wellness book
Raw Generation Boost weight loss regime and transform your body
Factor 75 By choosing low-calorie diet plans from Factor 75, they can lose substantial weight.

After hours of research, our research and editorial team has ranked the following best weight loss programs to support your weight loss regime and promote overall health.

Nutrisystem

5

If you have a very active lifestyle or simply looking for something that makes you feel good, Nutrisystem might be for you. This weight loss program offers low-carb diet plans that have helped countless people worldwide lose weight and improve their overall health by incorporating healthy habits. The program has been successful for over 50 years, and we would love to help you achieve your weight loss goals. We offer several plans that can be custom-tailored to your specific objectives and needs. The programs will help you burn more calories and give you that feeling of fullness and satiety.

Nutrisystem has been bringing people together around food for a long time. Today, they are still on a mission to provide better nutrition and help people live healthier lives. Nutrisystem products offer meal plans that deliver a balanced variety of foods. In addition to meal plans, Nutrisystem provides over-the-counter diet aids, including shakes and bars. Their products are available at grocery stores, drugstores, pharmacies, mass merchandisers, and other retail outlets.

Nutrisystem is a leading provider of weight loss programs and products, including Jenny Craig.

Nutrisystem is an FDA-approved and best weight loss program. It was developed specifically for those who struggle with obesity and is recommended by doctors.

Key Highlights
  • The company offers a variety of weight loss plans, like partners plan, diabetes diets, vegetarian diet plans, and more
  • All their diet plans and products help people maintain weight loss
  • Recently added 25 new on-trend foods to its menu of more than 150 delicious, nutritious meals and snacks, including zesty pizza bowls, flatbreads, and plant-based diets
  • Provides personalized meal plans, grocery guides, content, and recipes to support customers along with their weight loss efforts
    		•
    Money-Back Guarantee 14 days
    Price $9.99 to $12.32 per day

    Custom Keto Diet

    3

    With ketogenic diet recipes, this fantastic weight loss program helps you lose weight in just four weeks. The Custom Keto Diet is a low carb and high-fat food item. It burns fat quickly. The diet plan is based on the Atkins diet, where you eat primarily healthy fat and moderate protein, leading to healthy eating and a sustainable diet.

    A ketogenic diet helps you burn fat rather than carbohydrates. This plan has been tested by millions of people just like you; it is the easiest way to lose weight and eat the foods you love—the first step in a weight loss journey—many different forms of ketogenic diets, including MCT oil, fatty acid drinks, and more.

    Get ready to lose weight and feel better with the Keto Diet! The Ketogenic Diet Meal Plan has all the information you need to get started. Start today with a free consultation and follow the plan to achieve your goals.

    Key Highlights
  • The weight loss program is made by keto experts who are masters in helping people eat fewer calories by having healthy foods.
  • This is one of the best weight loss programs that offer easy-to-make weight loss recipes with easy-to-get ingredients.
  • You will have lifetime access to this weight loss plan
  • With 2 min quiz, you can start with your ketogenic diet and personalize your weight loss plan as per your food preferences
  • Programs were created for over 150,000 clients of all shapes and sizes.
    		•
    Money-Back Guarantee 60 days
    Price $37

    Weight Watchers

    6

    This is one of the weight loss programs with a unique zero points system, the standard system by which other points-based methods are compared and measured. Zero Points is the only points-based system that lets dieters control their calorie intake, so it is ideal for those who want to eat a healthy diet. In fact, with Weight Watchers, dieters can eat as much food as they want and still lose weight. Weight Watchers is committed to helping people lose weight and keep it off with a long-term approach that encourages permanent lifestyle changes.

    It is one of the most popular weight loss programs available today. It offers a perfect combination of a sensible diet and a regular exercise program and emphasizes personal accountability without dietary restrictions. Weight Watchers is effective in promoting healthy lifestyles for those who follow it. There are many different types of Weight Watchers plans available, including a standard Weight Watchers plan, a Low Carb Weight Watchers plan, a SmartPoints Weight Watchers plan, and a plan with no points or counting.

    Key Highlights
  • With the help of this weight loss program, one can change their eating pattern and further aid in losing weight
  • It also offers multiple plans and packages based on your needs and provides the best method to help you achieve sustainable weight loss
  • Get personalized guidance and meal recommendations to help you through your weight loss regime
  • Provide nutritional powerhouses which are full of lean meats, fiber, and healthy fats, so they serve as the foundation of healthy eating
  • Help people burn calories and boost physical activity with more energy level
    		•
    Money-Back Guarantee Not Applicable
    Price $1 per month

    Beachbody

    Be inspired to lose weight, eat healthily and keep fit with this BeachBody diet plan. Lose weight in 30 days with the Beachbody diet plan that offers a low-calorie, low-fat, and high protein diet. Start today and be ready for bikini season! With a Beachbody On Demand membership, you can stream hundreds of awesome workouts from your laptop, tablet, TV, or mobile device.

    The Beachbody Diet is a weight loss program developed by Shaun T. It focuses on low-calorie, low-carb diets that eliminate most processed foods, sweets, and high-fat foods. There are two phases to the diet. In the first phase, people must reduce the number of calories from 1,400 a day to 1,200 a day. In the second phase, people increase the amount of exercise, starting with cardio exercises such as walking and running.

    Key Highlights
  • Provide plan meals that are low calorie and low carb, contain food items that are full of fiber, which is more effective than conventional low-fat diets
  • Work on a different approach with nutrition plans that empower you to learn about how much food your body needs to function at its best, primary food groups, how to read labels to choose healthier foods, and more
  • This is the best weight loss program that changes your eating habits as well as helps you to enhance your weight loss efforts with a perfect workout plan
  • Millions of people around the world have used Beachbody workouts to transform their lives
  • The programs are well-balanced and planned based on the latest exercise science research and goal-setting
    		•
    Money-Back Guarantee Not Applicable
    Price $8.25 to $19.95 per month

    Golo

    Golo Diet Plan will help you lose weight fast. It is a scientifically proven weight loss supplement containing many ingredients to boost metabolism. It will also aid in fat burning, increase energy and reduce hunger pangs. It is also loaded with various vitamins and minerals to keep you healthy, energized, and fit.

    GOLO Diet Plan is a revolutionary diet system that makes losing weight simple. In less than 30 days, you will achieve the body you’ve always wanted and maintain your results. GOLO contains a complete food program to help you get the body you’ve always wanted. And, unlike other diets that leave you hungry and irritable, you will be satisfied and happy with GOLO. GOLO is the first and only nutrition system developed by a Registered Dietitian and Health Coach.

    Key Highlights
  • This GOLO weight loss supplement comes with multiple health benefits, such as promoting weight loss, lower blood pressure, controlling blood sugar levels,s and much more
  • Provide various weight loss tips and helpful hints on healthy habits and living
  • The supplement contains all ingredients which are usually added in the best plant-based diets
  • People have lost three times more weight than with conventional methods
  • The supplement is vegan-friendly and gluten-free
    		•
    Money-Back Guarantee 60 days
    Price $59.95

    Noom

    Noom helps you achieve actual results in the areas that matter most. Whether you want to burn extra weight, increase energy, or improve your relationship, Noom gives you the tools and motivation you need to change your life.

    Noom is the only food coach app that uses technology to intelligently create healthy eating plans based on your unique lifestyle, personal preferences, and the foods you already eat. Noom learns your eating style and creates a meal plan to help you lose weight and live a happier, healthier life.

    Noom was born out of a vision to create a healthy lifestyle brand based on the commitment to creating life-enhancing products.

    Key Highlights
  • Noom offer weight loss plan based on your preferences and help people to burn more weight than usual
  • Help people to incorporate a healthy diet and physical activity for disease prevention of heart disease and many more
  • It is an app-based platform that offers fitness and weight loss program that promises to help users “stop dieting” and get “life-long” results
  • Noom promotes their coaches, supposedly real people, who help you set achievable goals and keep you accountable
    		•
    Money-Back Guarantee 60 days
    Price $59 per month

    HelloFresh

    The HelloFresh diet plan is an easy way to eat well every day. With HelloFresh, you order fresh ingredients picked to order from local producers to your door. You’ll get recipes with weekly meal plans, plus a bonus recipe book for you to learn to cook like a pro!

    HelloFresh offers the widest selection of healthy, home-cooked meals delivered to your door every week. This weight loss program provides different menus that feature all the foods you love, carefully selected by their culinary team to give you and your family exactly what you want, all in one box each week. You will also get a range of meal kits that come together quickly for easy entertaining or to get your kids into the kitchen. If you’re looking for healthy, balanced meals that taste amazing, join HelloFresh today.

    Key Highlights
  • Hello Fresh is an affordable and convenient weight loss program
  • By counting calories and managing your overall diet, HelloFresh can be used as part of a weight-loss plan
  • Provide easy delivery and cancellation
  • Uses natural and high-quality ingredients in every diet plan
  • Provide different diets, like flexitarian diet, Mediterranean diet, plant-based diet, low-fat diet, among many others.
    		•
    Money-Back Guarantee Five days
    Price $60 per week

    LA Weight Loss

    LA Weight Loss is a scientifically formulated, clinically proven weight loss program that uses hundreds of recipes to help burn fat and suppress appetite and cravings. LA Weight Loss is designed to provide maximum results in a minimum amount of time.

    With LA Weight Loss, you can eat well and lose weight. The LA Weight Loss Diet is a low fat, low carb diet designed to help you lose weight fast while providing a balanced diet. The LA Weight Loss Diet program is designed to keep you satisfied and help you achieve your goals.

    Key Highlights
  • You will have access to thousands of food choices and recipes
  • LA Weight loss program is all about the right combination of proteins, carbs, fat, and lifestyle
  • Healthy adults can expect to lose 1-2 lbs. per week when following the plan
  • It is a fast and easy way to promote weight loss
  • You will get an opportunity to experience various health benefits
    		•
    Money-Back Guarantee Not Applicable
    Price $190 per month

    Diet Direct

    Diet Direct is a brand with many health and weight loss products. The products are made with natural ingredients and are very effective at treating various illnesses and health problems. It is made from pure herbs and fruits and has a high protein content of 20{35112b74ca1a6bc4decb6697edde3f9edcc1b44915f2ccb9995df8df6b4364bc}.

    The Diet Direct subscription includes bonuses we don’t see with other programs, including menu plans, meal replacement shakes, and success guides, among other perks.

    Key Highlights
  • It offers a vast variety of keto products and weight loss diets that further aid in losing weight
  • Different brands are associated with the company, which makes it easy for you to choose the weight loss product from the brand you like
  • The company offers other diet plans, such as dash diet, vegan diet, Ornish diet, heart-healthy diets, low carb diets, Mediterranean eating plan, flexitarian diets, and more
  • This is among the weight loss programs that focus on various health benefits along with weight loss
    		•
    Money-Back Guarantee 30 days
    Price $1.64 to $1.85 per meal

    Beyond Body

    It’s the exact moment when you can do the best for yourself and others around you. Beyond Body’s award-winning approach to holistic nutrition takes this notion to heart. Beyond Body, the system is the complete nutritional solution that gives you the tools to improve your health, energy, and appearance naturally and safely.

    You need to fill out a quiz; after that, the company will create a personalized book for you by carefully analyzing your answers. The book offers meal plans, recipes, and more helpful tips on weight loss.

    Key Highlights
  • The app offers a daily tracker for calories, water intake, and steps
  • The company provide various mindful techniques and new habit formation strategist to help in weight loss and support overall health
  • It comes with a meal plan customization tool that allows you to make a meal plan as per your preferences
  • You will have digital access to the book through your mobile phone
    		•
    Money-Back Guarantee 45 days
    Price $39.99

    Raw Generation

    The Raw Generation diet plan is complete, balanced eating that uses real food and has no animal products, gluten, refined sugars, or dairy. This book will give you a solid foundation to build a healthy lifestyle, a comprehensive resource packed with helpful information and advice.

    Raw Generation is a scientifically proven meal plan using only natural foods. The creators have designed it to be your perfect, easy diet. Raw Generation is a raw food diet completely free of artificial ingredients, hormones, preservatives, chemical additives, and added sugars.

    Key Highlights
  • Only uses whole food ingredients like vegetables, nuts, seeds, and spices
  • All juices from Raw Generation help to cleanse the body and promote detoxification
  • Every product is 100{35112b74ca1a6bc4decb6697edde3f9edcc1b44915f2ccb9995df8df6b4364bc} raw and plant-based
  • You can rely on it as it is vegan friendly and gluten-free
    		•
    Money-Back Guarantee 100{35112b74ca1a6bc4decb6697edde3f9edcc1b44915f2ccb9995df8df6b4364bc} Refund Policy
    Price $8.33 per juice

    Factor 75

    Factor 75 diet plan offers a simple eating plan for those who want to eat better, live longer, and feel healthier. Their eating plan is based on the science of food combination. You will learn how to eat the right foods to help control weight, increase energy, improve health, and reduce disease risk. The creator provides the meal plans, recipes, tools, and tips you need to create a better life and a healthier body.

    Factor 75 is a revolutionary weight loss program. You will lose extra fat faster and improve your health by improving digestion, increasing energy levels, reducing inflammation, and lowering cholesterol.

    Key Highlights
  • Offer 27 dietician designed menus with different meals every week
  • You will get 20-minute complimentary coaching from a recognized dietician
  • Get tailored advice and tips for your overall health and wellness journey
  • All meals are easy to cook and tasty
    		•
    Money-Back Guarantee Five days
    Price $11.50 per meal

    Scientific Evidence for Weight Loss Programs

    Many famous and best weight loss programs are backed with scientific research that shows their effective working. For example, Weight Watchers have completed various clinical trials that validate its effectiveness. Here we are offering a little scientific evidence that supports the working of weight-loss diets.

    According to a 2015 study, researchers found many weight loss programs are effective and help many people in their weight loss regime. According to different researchers, many controlled trials from 12 weeks to 12 months show that Jenny Craig and Weight Watchers provide better weight loss results and offer competing weight loss programs.

    Losing weight is not all about dieting or exercising; it is about changing lifestyle and eating habits. Changing your behavior and lifestyle is essential to get actual weight loss results.

    Meanwhile, one 2018 study published in Healthcare analyzed hundreds of trials to determine the optimal weight loss program. Best weight loss plans have the following features:

    • Natural
    • Effective
    • Healthy and nutritionally adequate
    • Affordable
    • Realistic

    The 12 Best Weight Loss Programs in 2022 Final Thoughts

    Choosing the right weight loss program that promotes your overall health and wellness safely and effectively in today’s fast-paced world is essential.

    Pick any of the above top weight loss programs to ensure you get the best results.

    4
    Posted on

    Rare health update on Michael Schumacher provided by close friend Jean Todt

    Rare health update on Michael Schumacher provided by close friend Jean Todt

    Jean Todt, the former Ferrari boss, gave a exceptional wellness update on the legendary Components 1 racer Michael Schumacher, who has not been found in community since the tragic snowboarding accident in 2013. Even with the German’s unfamiliar professional medical condition, Todt lately gave a modest update on Michael Schumacher and said that he nonetheless watches F1 races with the F1 racer. Schumacher’s medical state is nonetheless unknown. 

    Todt is the French motor racing executive and previous rally co-driver. He is reported to be a pretty shut family members buddy of Schumacher, who is recovering out of the public eye from the critical head personal injury he sustained in a skiing accident in the French Alps in December 2013. 

    The 53-year-old F1 racer, who received 91 Grand Prix, introduced retirement from System 1 in 2012. 

    ALSO Read through | England’s Leicester cricket floor set to be named following Minor Learn Sunil Gavaskar 

    On the hottest growth, Todt denied that he misses the former Ferrari star. Although talking to German broadcaster NTV on Wednesday (July 20), Todt stated: “I do not pass up Michael. I can see him. But of course, what I overlook is what we utilized to do alongside one another.” 

    Todt even more recommended that Schumacher is seemingly keeping up with the existing F1 season. He verified that the pair view the races together. “Yes it is genuine – I look at the races with Michael,” Todt extra. 

    “If it was emotional for you, you can visualize how psychological it was for me [collecting the award]. Psychological, but at the identical time a terrific pleasure to be able to converse about Michael. You have persons all around you who are just exclusive. And in a way, Michael is also extremely special. Corinna, Mick and Gina have also come to be unique to me. They have all turn into loved ones to me, to my spouse and to my son.”

    Watch | Neeraj Chopra’s outstanding 88.39 m throw as he qualifies for maiden Planet Championships final  

    A pair of moments just before also, Todt has mentioned that the racer has remained potent and is being “well seemed after” by his loved ones. 

    Schumacher built his F1 debut at the Belgian Grand Prix in 1991 and entered the arena when the tracks were dominated by legends like Ayrton Senna and Alain Prost but just immediately after the first race, the German managed to leave an eternal impression. 

    He has a substantial lover adhering to. His fans keep on being determined to know his latest health position. Followers and perfectly-wishers desire him excellent health. 

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    European Health and Fitness Market Report 2022: Analysis By Value, By Membership, By Club, By Region Size and Trends – ResearchAndMarkets.com

    European Health and Fitness Market Report 2022: Analysis By Value, By Membership, By Club, By Region Size and Trends – ResearchAndMarkets.com

    DUBLIN–(Organization WIRE)–The “European Wellbeing and Conditioning Market place with Effects of COVID-19 and Forecast up to 2026” report has been extra to ResearchAndMarkets.com’s giving.

    The European health and conditioning marketplace in 2021 was valued at US$22.94 billion. The market place is envisioned to attain US$32.55 billion by 2026.

    The European wellness and physical fitness market place advancement is to be pushed by crucial structural tendencies this kind of as urbanization, general public well being advertising, fitness technology and employee very well-becoming systems. The industry is predicted to mature at a CAGR of 7.25{35112b74ca1a6bc4decb6697edde3f9edcc1b44915f2ccb9995df8df6b4364bc} through the forecast interval of 2022-2026.

    Market Examination:

    • By Membership: The report provides analyses of the European health and fitness and physical fitness sector primarily based on membership. In 2021, the membership in the industry arrived at 56.86 million owing to the rising fascination of persons in being in shape and the emergence and escalating reputation of boutique health and fitness. In addition to this, the growing development of hybrid membership and digital schooling has provided the versatility to the users to workout anywhere and at any time.
    • By Quantity of Golf equipment: The report delivers the estimation of the amount of clubs in the European overall health and exercise sector. The quantity of wellness and conditioning clubs in the European marketplace is predicted to achieve 87.42 thousand clubs by 2026. The quantity of physical fitness golf equipment and facilities is actively expanding. This is mainly since a lot more people have expressed fascination in likely to the gym, therefore why the variety of independent community fitness centers has also improved.
    • By Area: In the report, the European wellness and fitness market is divided into six regions: Germany, the Uk, France, Italy, Spain, and Rest of the Europe. In terms of value, in 2021, Germany accounted for a considerable share in the European health and exercise marketplace i.e. all over 20{35112b74ca1a6bc4decb6697edde3f9edcc1b44915f2ccb9995df8df6b4364bc}, as Germans are trying to find to lessen strain and keep in good shape, as a result additional and much more men and women are joining physical fitness clubs. In terms of the number of clubs, Germany held a share of around 15{35112b74ca1a6bc4decb6697edde3f9edcc1b44915f2ccb9995df8df6b4364bc} in the European health and conditioning marketplace owing to the expanding being overweight and improve in way of life-associated conditions. This has elevated the demand for becoming a member of health golf equipment.

    Aggressive Landscape:

    The European health and physical fitness current market is highly fragmented. Health and fitness club operators in typical contend on the foundation of flexibility and price ranges of the membership product, site of the golf equipment, brand recognition, good quality, and the general wide variety of the products giving and the instruction equipment.

    The vital gamers of the international wellness and health market are:

    • Simple-Fit
    • PureGym
    • SATS Team
    • Virgin Group
    • RSG Team GmbH
    • The Health club Group PLC
    • David Lloyd Leisure
    • FitX
    • Health and fitness First
    • Clever Match
    • Alex Conditioning
    • Preserve Interesting
    • VivaGym Team

    Essential Subjects Lined:

    1. Government Summary

    2. Introduction

    2.1 Wellbeing and Exercise: An Overview

    2.1.1 Introduction to Wellbeing and Health and fitness

    2.1.2 Advantages of Training on Well being and Fitness

    3. European Market Analysis

    3.1 European Health and Health Current market: An Analysis

    3.2 European Well being and Fitness Sector: Membership Examination

    3.3 European Health and Health Market place: Club Analysis

    4. European Regional Industry Evaluation

    4.1 Germany Wellness and Fitness Current market: An Analysis

    4.2 United kingdom Wellness and Exercise Current market: An Investigation

    4.3 France Health and Fitness Sector: An Evaluation

    4.4 Italy Well being and Health Sector: An Assessment

    4.5 Spain Wellness and Health and fitness Current market: An Analysis

    4.6 Rest of Europe Overall health and Health Current market: An Assessment

    5. Impression of COVID-19

    5.1 Influence of COVID-19 on Wellbeing and Conditioning Marketplace

    5.2 Influence of COVID-19 on Health and fitness Golf equipment

    5.3 Publish COVID-19 Impact on Well being and Health Industry

    6. Sector Dynamics

    6.1 Expansion Driver

    6.1.1 Favorable Demographic Improvements

    6.1.2 Increase of Life-style-Connected Health issues

    6.1.3 Growing Health Club Membership Penetration Fee

    6.1.4 Escalating Range of Social Media Users

    6.1.5 Expanding Personalized Disposable Cash flow

    6.1.6 Rising Being overweight

    6.1.7 Increasingly-Wellbeing Aware Viewers

    6.1.8 Elevated Importance of Worker Nicely-becoming Packages

    6.2 Worries

    6.2.1 Deficiency of Skilled and Specialist Trainers

    6.2.2 High Cost of Placing up a Club

    6.3 Sector Developments

    6.3.1 Raising Adoption of Virtual Fact in Trainings

    6.3.2 Expanding Use of Fitness Wearables

    6.3.3 Rising Industry Consolidation

    6.3.4 Evolution of Hybrid Gymnasium Memberships

    6.3.5 Immediate Digitization

    6.3.6 Technological Enhancements

    7. Competitive Landscape

    7.1 European Health and Conditioning Market place Players by Clubs

    7.2 European Health and Health and fitness Market place Players by Membership

    8. Business Profiles

    For much more facts about this report go to https://www.researchandmarkets.com/r/9tuotw

    About ResearchAndMarkets.com

    ResearchAndMarkets.com is the world’s leading supply for worldwide sector study reviews and market place information. We deliver you with the most current details on international and regional markets, crucial industries, the top providers, new goods and the latest traits.

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    Shields Health Care Group, Inc. Announces Data Breach | Console and Associates, P.C.

    Shields Health Care Group, Inc. Announces Data Breach | Console and Associates, P.C.

    On July 22, 2022, Shields Well being Care Team, Inc. submitted an official recognize of a information breach with different state authorities entities after an unauthorized bash acquired access to the company’s personal computer units for a interval of about two months. In accordance to Shields, the breach resulted in the names, entire names, Social Stability numbers, dates of beginning, household addresses, company details, analysis, billing details, insurance policy figures and information, professional medical record numbers, affected individual identification numbers, and other medical or treatment method information and facts of specific individuals being compromised. Right after confirming the breach and figuring out all affected parties, Shields Wellness Treatment Group began sending out info breach letters to all affected get-togethers.

    If you been given a knowledge breach notification, it is important you realize what is at hazard and what you can do about it. To master extra about how to secure you from getting to be a sufferer of fraud or id theft and what your legal selections are in the wake of the Shields Well being Treatment Group details breach, be sure to see our new piece on the subject matter listed here.

    What We Know About the Shields Health and fitness Treatment Group Info Breach

    The info about the Shields Wellbeing Care Team, Inc. knowledge breach comes from the files filed with many state governments as effectively as a notice supplied on the company’s web site. In accordance to the most just lately released info, on March 28, 2022, Shields Wellness Treatment Group was created informed of suspicious action on its computer network. In reaction, the organization engaged 3rd-occasion forensic professionals to investigate the incident in hopes of discovering a lot more about its results in as nicely as whether or not any patient facts was leaked as a consequence.

    The company’s investigation unveiled that an unauthorized social gathering attained access to Shields Well being Treatment Group’s laptop or computer procedure on March 7, 2022, and preserved entry right until March 21, 2022. The investigation also verified that the unauthorized celebration stole details from the company’s method.

    On discovering that sensitive customer data was stolen by an unauthorized party, Shields Health Care Group then commenced the course of action of examining all impacted documents to decide what information and facts was compromised and which shoppers were being impacted by the incident. While the breached info varies relying on the person, it may perhaps include things like your whole identify, Social Stability range, date of birth, residence deal with, company information, analysis, billing data, coverage variety and information and facts, professional medical report selection, patient identification range, and other medical or remedy info.

    On July 22, 2022, Shields Wellbeing Treatment Group despatched out info breach letters to all individuals whose information and facts was compromised as a result of the the latest information stability incident.

    Shields Health and fitness Care Group, Inc. describes in its data breach letter that the organization delivers administration and imaging companies on behalf of a variety of wellbeing treatment services. Thus, it seems possible that the unauthorized party was equipped to entry details belonging to clients of any of these affiliate amenities. The record of affiliated amenities supplied by Shields Wellness Care Group consists of:

    • Baystate Well being Urgent Care, LLC

    • Baystate MRI & Imaging Middle, LLC

    • Brighton Imaging Middle, LLC

    • Cape Cod CT Expert services, LLC

    • Cape Cod Imaging Solutions, LLC (a enterprise associate to Falmouth Hospital Association, Inc)

    • Cape Cod PET/CT Companies, LLC

    • Cape Cod Radiation Remedy Support, LLC

    • Central Maine Professional medical Center

    • Emerson Clinic

    • Slide River/New Bedford Regional MRI Restricted Partnership

    • Falmouth Clinic Association, Inc.

    • Franklin MRI Middle, LLC

    • Lahey Clinic MRI Products and services, LLC

    • Massachusetts Bay MRI Limited Partnership

    • Mercy Imaging, Inc.

    • MRI/CT of Providence, LLC

    • Newton-Wellesley MRI Restricted Partnership

    • NW Imaging Administration Firm, LLC (a business affiliate to Newton Wellesley Orthopedic Associates, Inc.)

    • Newton-Wellesley Imaging, Pc

    • Newton Wellesley Orthopedic Associates, Inc.

    • Northern MASS MRI Providers, Inc.

    • PET-CT Providers by Tufts Healthcare Middle and Shields, LLC

    • Shields and Athletics Medication Atlantic Imaging Administration Co, LLC (a business associate SportsMedicine Atlantic Orthopaedics P.A.)

    • Shields CT of Brockton, LLC

    • Shields Imaging at Anna Jaques Clinic, LLC

    • Shields Healthcare of Cambridge, Inc.

    • Shields Imaging at College Healthcare facility, LLC

    • Shields Imaging at York Clinic, LLC

    • Shields Imaging Administration at Emerson Medical center, LLC (a organization associate to Emerson Medical center)

    • Shields Imaging of Japanese Mass, LLC

    • Shields Imaging of Lowell Common Hospital, LLC

    • Shields Imaging of Portsmouth, LLC

    • Shields Imaging with Central Maine Health, LLC (a enterprise associate to Central Maine Healthcare Center)

    • Shields Administration Enterprise, Inc.

    • Shields MRI & Imaging Center of Cape Cod, LLC

    • Shields MRI of Framingham, LLC

    • Shields PET/CT at CMMC, LLC

    • Shields PET_CT at Berkshire Medical Centre, LLC

    • Shields PET-CT at Cooley Dickinson Healthcare facility, LLC

    • Shields PET-CT at Emerson Hospital, LLC

    • Shields Radiology Associates, Computer

    • Shields Signature Imaging, LLC

    • Shields Durable PET-CT, LLC

    • Shields-Tufts Medical Heart Imaging Administration, LLC (a business associate to Tufts Clinical Middle, Inc.)

    • South Shore Regional MRI Restricted Partnership

    • Southeastern Massachusetts Regional MRI Limited Partnership

    • SportsMedicine Atlantic Orthopaedics P.A.

    • Tufts Health care Middle, Inc.

    • UMass Memorial HealthAlliance MRI Middle, LLC

    • UMass Memorial MRI – Marlborough, LLC

    • UMass Memorial MRI & Imaging Center, LLC

    • Winchester Medical center / Shields MRI, LLC

    • Radiation Therapy of Southeastern Massachusetts, LLC

    • Radiation Remedy of Winchester, LLC

    • South Suburban Oncology Center Restricted Partnership

    • Shields Imaging of North Shore, LLC

    More Info About Shields Wellness Treatment Group, Inc.

    Based in Brighton, Massachusetts, Shields Health Treatment Group, Inc. is a health care organization that delivers a array of companies to people throughout New England. A lot more especially, Shields features MRI, PET/CT, and ambulatory surgical expert services to patients at extra than 40 areas in Massachusetts and Maine. Shields Wellbeing Treatment Group employs much more than 754 folks and generates roughly $200 million in annual profits.

    Protected Well being Information Is a Popular Concentrate on for Hackers

    The Shields Wellbeing Care Team data breach impacted many distinctive sorts of affected person info, together with Social Protection figures, insurance details, well being data and remedy information. Though Shields did not use the phrase “protected wellness information” to describe the leaked information, it appears that the compromised affected individual facts was in truth shielded health info.

    Guarded wellbeing info is information that relates to a patient’s health issue or how a affected individual pays for their healthcare. For case in point, the outcomes of an MRI or insurance policy claims facts could each be deemed protected overall health facts. Even so, any leaked health and fitness data is only regarded as guarded if it contains at the very least one particular identifier, this sort of as a patient’s identify, email handle, physical tackle, photograph or Social Security number.

    The effects of a health care details breach can end result in far more than just a headache. By thieving a patient’s safeguarded health and fitness info, hackers have plenty of facts to commit healthcare identification theft from the client. Healthcare identification theft is often considerably more difficult to solve and arrives at a considerably larger price to individuals than traditional info breaches involving financial institution account or credit score card data.

    This is simply because health care facts breaches can place patients’ bodily overall health in jeopardy. Generally, after a breach, a hacker sells affected individual data to a 3rd celebration, who then employs this info to get hold of health-related treatment in the victim’s name. In performing so, the “fake patient” could give health professionals with their very own details that finishes up obtaining combined up with the victim’s professional medical file. For illustration, a faux individual may well give a managing health practitioner a record of their have past professional medical treatments, present remedies or allergy symptoms. This can result in a patient’s medical history made up of inaccurate facts when they go to the medical professional for procedure.