Jenny Craig Health: Is She Dead Or Alive?

Publish date: 2024-05-20

Jenny Craig, the founder of Jenny Craig, Inc., is a renowned American weight loss expert who established a weight loss, weight management, and nutrition company in the United States.

Jenny Craig’s weight loss program gained a lot of popularity over the years due to its success in helping people manage their weight. With more than 700 weight management centers across several countries, including the US, Canada, Australia, and New Zealand, the program has helped many people achieve their weight loss goals.

Jenny Craig, along with her husband Sidney Craig, founded the company in 1983 in Melbourne, Australia, before expanding to the US in 1985. The company quickly expanded, opening 46 locations in the US and 114 in other countries by 1987. In 1991, the company underwent an IPO, generating $73.5 million in funding. However, by 1998, the company was facing financial troubles, and the revenue had dropped from $401 million in 1996 to $352 million.

Throughout the 1990s, the company faced several challenges that led to a decline in its share price. These included issues with weight loss drugs, employee training, and costly leases. In August 2001, the company was delisted from the New York Stock Exchange and its stock traded over the counter. In 2002, Jenny Craig, Inc. was acquired by MidOcean Partners and ACI Capital, and in 2006, it was sold to Nestlé in a transaction valued at approximately $600 million.

In April 2019, H.I.G. Capital acquired the Jenny Craig weight management business from North Castle Partners. However, on May 3, 2023, the company announced to employees that it would lay off all employees and possibly switch to an e-commerce model.

Jenny Craig Health & Death Update

In 2023, Jenny Craig’s health appears to be in a positive state, considering her past health problems. Back in 1995, she encountered an unusual medical condition that resembled Lockjaw but was different. The health condition caused difficulties for Craig in speaking and eating, yet she managed to overcome the issue. However, Jenny Craig is currently in excellent health and still alive. The rumors of her death that circulated are entirely false.

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