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☆ The Vitamin Shoppe CEO on GLP-1 drugs
  + stars: | 2024-06-11 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Vitamin Shoppe CEO on GLP-1 drugsThe Vitamin Shoppe CEO Lee Wright joins 'Squawk on the Street' to discuss what the chief executive has learned about GLP-1 drugs, if science says GLP-1 users should supplement their diet with proteins, and more.
Persons: Lee Wright
☆ Weight loss boom is spurring sales of protein, meal replacement products, Vitamin Shoppe CEO says
  + stars: | 2024-06-11 | by ( Brandon Gomez | ) www.cnbc.com   time to read: +2 min
"It's a time of meaningful evolution," said The Vitamin Shoppe CEO Lee Wright in the company's annual report. The weight loss boom is pushing consumers to spend more on protein supplement products. The Vitamin Shoppe reported a 10% sales bump in ready-to-drink protein beverages in 2023 versus the prior year. Wright expects the customer base for weight loss products to triple as more Americans try to lose weight. The Vitamin Shoppe also launched its own telehealth service in early May, "Whole Health Rx," which includes access to branded and compounded GLP-1 weight loss drugs.
Persons: Wright, CNBC's Squawk, Lee Wright, nutritionists
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