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Hims & Hers Health (HIMS) shares jumped in extended trading after the company reported better than expected third quarter revenue and raised its outlook. The telehealth company swung to a profit, helped by a tax benefit and strong demand for GLP-1 weight-loss drugs. In an interview on Market Domination Overtime, Hims & Hers Health CFO Yemi Okupe speaks with anchors Julie Hyman and Josh Lipton about the quarter. "We saw revenue up 77% year-over-year to north of 4$00 million. Simultaneously, we're also seeing very strong EBITDA margins at north of 13%," Okupe says. "Additionally, at the end of the quarter, we also saw 2 million consumers on the platform, of which 1 million were benefiting from a personalized solution. And so really, the strong results that we're seeing in the third quarter are a reflection of us executing across the strategy that we've held for the past couple of years." Okupe also addresses a possible headwind for the company, that Eli Lilly (LLY)'s and Novo Nordisk (NVO)'s weight-loss drugs are coming off the FDA's (Food and Drug Administration) shortage lists. But Okupe says it's not a concern right now, but acknowledges the shortages will come to an end."In our view, we do still see that the medications are on on shortage. And what we do see on our platform. And this is the benefit of being a consumer oriented platform, is that we hear feedback directly from consumers and what consumers are telling us, you know resoundingly, is that they are struggling to get access to name-brand GLP-1 medications over the last two months," according to Okupe. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance
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Shark Tank has become one of the most popular TV shows in recent years, with entrepreneurs pitching their innovative ideas to a panel of wealthy investors. One of the most memorable pitches on the show was when a group of entrepreneurs introduced their brand, Keto Odyssey, to the sharks. The company offers a range of keto-friendly products that are designed to help people follow a ketogenic diet effectively. In this article, we will dive deep into Shark Tank’s Keto Odyssey: A Journey of Discovery and explore how the company has grown since its appearance on the show.
The Birth of Keto Odyssey
Keto Odyssey was founded by a group of friends who were passionate about health and fitness. They noticed a gap in the market for keto-friendly products that were not only effective but also delicious. This led them to create their own line of keto snacks and supplements that would make it easier for people to stay on track with their ketogenic diet. The founders decided to pitch their business on Shark Tank to secure funding and mentorship from the sharks, hoping to take their company to the next level.
During their pitch, the entrepreneurs showcased their range of products, including keto bars, shakes, and supplements. They explained the benefits of following a ketogenic diet and how their products could help people achieve their health and fitness goals. The sharks were impressed by the quality and taste of the products, as well as the passion and dedication of the founders. This led to a heated bidding war among the sharks, with each of them vying for a stake in the company.
In the end, Keto Odyssey struck a deal with one of the sharks, who offered them the funding and mentorship they needed to grow their business. This marked the beginning of Keto Odyssey’s journey in the competitive health and wellness industry. With the support of their new partner, the founders were able to expand their product line, reach more customers, and make a name for themselves in the keto community.
The Rise of Keto Odyssey
After their appearance on Shark Tank, Keto Odyssey experienced a surge in popularity as more people became interested in the ketogenic diet. The company’s products were praised for their quality, taste, and effectiveness, attracting a loyal following of customers who were eager to incorporate them into their daily routine. Keto Odyssey also received positive reviews from health and fitness influencers, further boosting their reputation in the industry.
As Keto Odyssey grew, the founders continued to innovate and create new products to meet the evolving needs of their customers. They introduced new flavors, formulations, and packaging options to cater to a wider audience and stay ahead of the competition. The company also invested in marketing and branding efforts to raise awareness about the benefits of following a ketogenic diet and how their products could support this lifestyle.
Today, Keto Odyssey has become a household name in the health and wellness space, with a strong online presence and a loyal customer base. The company’s products are available in stores nationwide and have been featured in major publications and media outlets. Keto Odyssey continues to innovate and expand its product line, staying true to its mission of helping people live healthier, happier lives through the power of keto.
The Future of Keto Odyssey
Looking ahead, Keto Odyssey has ambitious plans for the future as they aim to become a leading player in the health and wellness industry. The company is focused on expanding its product line, reaching new markets, and forging partnerships with like-minded brands to drive growth and innovation. Keto Odyssey also plans to invest in research and development to create cutting-edge products that will revolutionize the way people approach their health and wellness goals.
With a dedicated team of experts, a loyal customer base, and a commitment to quality and innovation, Keto Odyssey is poised for continued success in the years to come. The company remains true to its roots, staying true to its mission of helping people lead healthier, happier lives through the power of keto. As Keto Odyssey embarks on the next phase of its journey, one thing is clear – the future looks bright for this trailblazing brand in the world of health and wellness.
In conclusion, Shark Tank’s Keto Odyssey: A Journey of Discovery has been an inspiring tale of passion, perseverance, and success. From humble beginnings to national recognition, Keto Odyssey has proven that with hard work and dedication, anything is possible. As the company continues to grow and evolve, one thing is certain – the keto revolution is here to stay, and Keto Odyssey is leading the way.
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Ready to learn how to lose fat FAST!? Let's get after it. Click Here to kick your own A** in the 30 Day Program click HERE: https://bit.ly/3igtiIF Also, If this channel has helped you and you want to support it then check out Ryse and use promo code "RYAN": https://rysesupps.com/ryan Alright, today we're going over extreme or what some people like to call crash dieting for fat loss and why it's not only effective, it's actually the way to go. Let's get after it, so I'm sure you've heard of the fitness Youtubers say or maybe you were sitting at home in your underwear, eating lean pockets and Doctor Oz told you no matter what you do, don't crash diet because you'll blow right back up. And that statement definitely has some merit to it. I think about my years of working with competitors, figure fitness, bodybuilding every time I would sit down with them the very first time for the first 30 minutes, I would continually ask him, Are you sure you want to do this? Because... This is going to completely mess you up, not physically. Anybody says they messed up their thyroid from a hardcore diet is usually full of ****, in reality what happened is they unleashed their inner fat kid and they're having a hell of a time showing that chubby ******* back into Pandora's box. I'm talking mental because you're gonna get to the leanest point you've ever been in your entire life. You're walking around on stage and basically dental floss and they're going to take pictures of you for you to take home, to remind yourself that you'll never look like that again. Now you’ve got a constant reminder on your fridge that you're a fat mass and any progress you make is insignificant. But here's the truth. You can't get extraordinary results by putting in an ordinary amount of effort. You gotta swim in the obsessive and slightly unhealthy waters if you want to make a change that people can't help but to notice. Unless your starting point is your contest on that show My 600 pound life, then yeah you're going to make progress by simply getting your enabling mom to stop feeding cheeseburgers all day. Because you know what happens when you try going on normal diet with just a slight deficit. Practically nothing, because you're going to chip away at that deficit little by little, with random calories coming in throughout your day, or you're going to cheat so much that deficit is going to disappear and you've seen this a lot throughout the gym. I mean, look around at the people that basically look like they’ve made no progress year in year out. I mean, if you squint hard enough, it might look like they're making progress, but they're not... because that's one of the hardest things to do is to make a diet that's difficult enough that somebody see’s progress relatively quickly so they don't get frustrated, but not too difficult that one day they just break and start deepthroating churros. Alright, first we need to change the way you look at dieting, because most coaches will say alright we're doing a 16 week recomposition plan because they're afraid to scare you away with the word diet. But it's a ******* diet. And 16, 12 or 10 weeks... That's a marathon. And the truth is, diets are better done as a Sprint. So reframe the way you think about it and take care your current day and win the week because thinking anything beyond a week, 99% of people would be like **** it take my foot now. Every week you need to install a light at the end of that dieting tunnel from hell by implementing a refeed meal. You'll be amazed how much harder you can push yourself and how much more you're willing to suffer knowing that you have a scheduled time, you're going to be able to relax and enjoy yourself every week. Which brings me to a fairly widespread misconception of how low you should push your calories, and I'm sure even saying that a number pops in your head and you're like not going below that or I'll lose muscle. But when people think or say that out loud, they rarely factor in where their calories are coming from. Here's an extreme scenario for you, and I'll use clean numbers because I went to public school so person number 1 is on a 2000 calorie diet, which puts him in a decent deficit and 35% of their calories is coming from protein, so they're getting 175 grams per day. Now person #2 is going to get less calories than they recommend giving a 12 year old girl now. (I don't recommend this, this is just to prove a point) but they're going to get 1000 calories and 80% of those are coming from protein. So they get 200 grams of protein per day. So the question is, who would you bet your wife on? The one that has less protein in more calories coming from what I would consider energy sources, or the one that's basically all protein. I would hope for your wife's *********’s sake. You bet on the 80% protein. #losefat #fatloss #dietplan
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