Daniel Chard on supply chain
From Aug 6, 2021 - CEO Medifast on Q2 Earnings that Surpassed Estimates · · Epic Investments
“We have effectively transitioned and transformed our supply chain. Our focus initially was to create a manufacturing structure to support a two billion dollar business. Last year we were just under a billion dollars and we completed that project six months early at the end of June.”
On , Daniel Chard, Executive Chairman & Chief Executive Officer at MEDIFAST INC, spoke about supply chain during Aug 6, 2021 - CEO Medifast on Q2 Earnings that Surpassed Estimates on Epic Investments.
About Daniel Chard
Daniel Chard, executive chairman and CEO of Medifast, discussed the company's financial performance in media appearances. In August 2021, he reported that Medifast posted a 79% jump in revenue during its latest quarter, surpassing estimates Chapman. He attributed the growth to a mission to help people get healthy, noting that the company had seen aggressive growth since 2018, including 66% growth in 2018 and 42% in 2019. Chard stated that the company had completed a supply chain transformation six months early and that order times were returning to normal. He also said that Medifast had expanded into the Asia Pacific region, viewing Hong Kong and Singapore as gateways to Southeast Asia and Greater China. In earlier 2020 appearances, Chard described Medifast as the company behind the Optivia health and wellness community, which he said was not a diet but a program focused on helping people learn healthy habits. He stated that the pandemic had increased awareness of health and that Medifast remained relevant, with the company's coaches helping clients learn habits such as healthy eating, exercise, sleep, and hydration. Separately, Chard has also promoted magic-related projects. In November 2025, he announced an upcoming Alakazam Academy lecture on the multiple selection card routine, which he said he had performed thousands of times in various settings. In a 2020 interview, he discussed using a book writing service to publish his book "Life is an Illusion," stating that the service took him from idea to release and that he would not have to do the hard work of writing. Earlier, in 2015, he released magic projects including "DC Suit Production" and "Chardistry," the latter described as a second volume of card routines ranging from self-working to technical.