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August 8, 2019 On Aug, 6th, the company reported that: “Member recruitment trends improved throughout the second quarter as we saw good response to our spring campaigns. End of period subscribers increased 1.5% year-over-year to 4.6 million – our highest level ever for a second quarter,” said Mindy Grossman, the Company’s President and CEO. “We […]
WW Reports Q2 Results – Brighter Outlook, Stock Upgrades Read More »
May 7, 2019 Weight Watchers International (WW) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of a loss of $0.26. This compares to earnings of $0.31 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 38.46%. The
Weight Watchers Beats Q1 Estimates Read More »
April 16, 2019 Recently, a J.P. Morgan analysts, Christina Brathwaite, claimed that WTW’s business was eroding, based on a 40% yoy drop in daily average users of the company’s app. This assessment triggered a sell-off and worried investors. However, It is Marketdata’s contention that this assessment was reckless and represented a woefully incomplete picture of
How To Fix Weight Watchers Read More »
Feb. 26, 2019 — As reported in a Medifast Press Release… “We are very pleased with our strong finish to 2018,” commented Dan Chard, Medifast’s Chief Executive Officer. “We reached a significant corporate milestone generating over $500 million in annual revenue and profitability exceeded our expectations. Importantly, we achieved these results while accelerating the level of
Medifast Reports Q4 and 2018 Results, 2019 Forecasts Read More »
Feb. 26, 2019 – As reported in a company press release: “2018 was a significant year for WW. We launched WW FreestyleTM, built an expanded technology ecosystem, rebranded to WW and reinforced our mission to become the world’s partner in wellness,” said Mindy Grossman, President and CEO. “While we are proud of our accomplishments in
WW Reports Grim Results Read More »
Feb. 20, 2019 – NutiSystem reported its full-year 2018 and 4th Quarter result, along with new partner Tivity health. CEO Dawn Zier said: ” To provide some color around the start of 2019, our early diet season trends indicate mixed results. On the program and product innovation front, our focus has been on personalized nutrition
NutriSystem Q4 2018 Results, Projects Flat 2019 2nd Year In A Row Read More »
Jan. 16, 2019 J.P. Morgan analyst Christina Brathwaite recently downgraded WTW stock due to “channel check” that indicated falling interest in WW. She claims that traffic to the WW website is down year over year, spelling trouble for enrollments, and that the app Noom is providing competition. Well, I have a problem with this assessment.
Mystery J.P. Morgan Call on Weight Watchers – By J. LaRosa Read More »
Jan. 15, 2019 What do most consumers think about when they hear the term “wellness”? Some may think about being free of any disease, or being physically fit, or mentally fit. Do they also think about weight loss? Maybe. Maybe not. In any case, in America the term wellness has always been kind of vague
Wellness May Be A Tough Sell for Diet Companies – By J. LaRosa Read More »
Jan. 9, 2019 A recent interview by the news site Cheddar, with Jenny Craig CEO Monty Sharma, revealed that the company is not stressing the wellness aspect of its program, in contrast to competitors such as WW (Weight Watchers). Mr. Sharma claims that consumers are confused by the term “wellness”. Rather, the company is placing
Jenny Craig Takes Different Path – By J. LaRosa, Marketdata Read More »
Dec. 4, 2018 Based on individual public company-provided guidance for expected full-year revenues, as of the end of the 3rd quarter of 2018, Marketdata estimates that commercial weight loss companies will post a strong 18% sales gain this year. The industry has not seen a sales gain this large in a long time. This segment
Commercial Weight Loss Centers On Pace For 18% Sales Gain In 2018 Read More »