April 8, 2020 In mid-March, WW International (Weight Watchers), decided to close its 3,000 physical locations but didn't want to leave members to fend for themselves in these trying times. WW president and CEO Mindy Grossman said in an interview with USA TODAY that in a matter of days, the company took its 30,000 weekly workshops virtual…Read more
Jenny Craig Carries On Amid Virus
March 30, 2020 Many dieters are probably wondering what Jenny Craig is doing about the weekly in-person, in-center meetings between coaches and clients. At least in New Zealand, employees for Jenny Craig have been told their services will continue during the lockdown. Time will tell if this also applies to centers in the U.S. Mat…Read more
Pandemic Will Shift Diet Season
March 18, 2020 The traditional "diet season" lasts from the last week of December until Memorial Day. If dieters have not reached their goal weight by the Summer, they usually take a break and pick it up in the Fall, or quit altogether. However, this year, with the coronavirus pandemic now in full swing, dieting…Read more
Time To Load Up on Weight Loss Stocks?
March 12, 2020 As the stock market get slammed again on Thursday, some weight loss public company stock valuations are looking mighty tempting, if you are a long-term value investor. Right now, blood is running in the streets, and that's when market gurus such as Warren Buffet advise us to be greedy and buy. There…Read more
Prepare For Recession, NOW!
Feb. 28, 2020 All the signs of a perfect storm are coming together. The stock market has fallen nearly 3,000 points this week and is now in "correction" territory--Wall Street's softer term for the crap is hitting the fan. A significant stock market decline is usually an advance indicator of an impending recession, based on…Read more
WW Reports Q4 2019, Full Year Results
Feb. 25, 2020 “2020 is off to a terrific start. The global launch of the new myWW program is resonating in every market, the WW Presents: Oprah’s 2020 Vision tour in the U.S. has been engaging sold-out crowds siad Mindy Grossman, the firm's President and CEO. “Right now, we have more than 5 million members globally – a new…Read more
Commercial Diet Companies: 2019 Review, 2020 Outlook
Dec. 30, 2019 Based on 3rd quarter 2019 guidance by each company, it's looking like the top four weight loss companies will post a collective 3.6% sales increase for 2019 versus 2018, with revenues of $3.21 billion ($3.10 bill. in 2018). Adding in all the other smaller commercial franchises and chains, this segment of the…Read more
WW Launches New Plan
Nov. 11, 2019 "More options" and "more freedom" are key aspects of Weight Watchers' new customizable myWW program. For the first time, WW (Weight Watchers) is offering its members the opportunity to choose a program tailored to a member’s weight loss plan -- giving them “more flexibility” when it comes to the foods they eat. MyWW, allows members to…Read more