Originally published December 13 2003
eDiets record record profit by offering support for a variety of diets including Atkins and the Zone
by Mike Adams, NaturalNews Editor
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"In April 2003 eDiets broke with the industry tradition of 'one
company, one diet' and to date we have launched the Atkins Nutritional
Approach(TM), the Zone Diet and the Shape Up!(R) plan based on Dr. Phil
McGraw's new book.
- "Consumer response to these new plans has been positive and our
objective for the balance of this year and 2004 is to expand on the
concept of providing consumers with additional nutritional solutions
related to diet, healthy living, and specific medical conditions."
- Revenues for the third quarter of fiscal 2003 totaled $11.1 million,
an increase of 46% over revenues of $7.6 million in the comparable prior
year period.
- Advertising expense totaled $5.7 million in the third quarter, an
increase of 73% over advertising expense of $3.3 million in the
comparable prior year period.
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