This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Wellness Is Word of the Day at ICR XChange

MIAMI ( TheStreet) -- Wellness is all the rage at the ICR XChange conference in Miami.

It seems every company is somehow trying to connect itself to the word no matter what the product. From lululemon Athletica (LULU - Get Report) to Jamba (JMBA - Get Report), it's all about wellness.

Lululemon's Christine Day noted that her yoga wear is connected to a wellness lifestyle. She also rolled her eyes at the haters that point to slowing sales.

"I'd like to see another apparel company that sold at full price over the holidays for an increase in sales," she remarked.

The company lifted its outlook for the fourth quarter on Tuesday, and the stock is up more than 60% in the past year, backing up Day's confidence.

Jamba, the owner and operator of Jamba Juice stores, is also the wellness bandwagon.

CEO James White pointed out that his company has always been about healthy beverages. He noted that in addition to fruit smoothies, the company has added vegetables to its drinks and nutritional food to its menu.

Jamba is also partnering with various health programs. White also said he's not concerned about Starbucks' recent announcement of plans to enter the fruit drink smoothie space.

"Our sales went up when McDonald's entered the space, so I expect that Starbucks will have the same effect," he said.

Michael McDevitt, the CEO of Medifast (MED - Get Report) noted that his weight loss products were originally purchased only at doctor's offices. Obesity is such a huge health problem and McDevitt pointed out that his customers lose weight faster with his product than they do with Weight Watchers International (WTW).

The customers of Chef's Warehouse Holdings (CHEF - Get Report) have always wanted the finest most exclusive, exotic foods, but even CEO Chris Pappas has noticed a rising desire for the freshest ingredients possible.

"I've been asked for fish caught within two hours and chickens slaughtered within four," he said.

Even alcohol is trying to get healthy. Private company Veev is selling a vodka based on acai. It wants its customers to feel good when ordering the vodka. Call it the liquor equivalent to being green.

-- Written by Debra Borchardt.

Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
CHEF $20.00 0.00%
LULU $66.94 0.00%
JMBA $16.02 0.00%
MED $31.52 0.00%
AAPL $130.28 0.00%

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs