Jenny Craig was an American weight loss, weight management, and nutrition company. The company had more than 700 weight management centers in Australia, the United States,
Canada, and
New Zealand. The program combined individual weight management counseling with a menu of frozen meals and other foods which were distributed through its centers or shipped directly to clients. On May 4,
2023, the company announced that it was going out of business after 40 years.
Throughout the 1990s, the company's share price declined as it ran into a series of financial troubles involving weight loss drugs, employee training, and costly leases before eventually being delisted from the New
York Stock Exchange in
August 2001.
Jenny Craig stock then traded over the counter