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Nov. 2, 2018 — WW stock was tanking on Friday morning, down as much as 28%, as the company beat earnings expectations but missed what analysts were calling for on the revenue front. The total subscribers fell again, from 4.5 million in the 1st quarter to 4.2 million by the 3rd quarter. Revenue was strong for …
Weight Watchers Q3 Results – Stock gets Hammered Read More »
Oct. 30, 2018 – Dawn Zier, President and CEO, stated, “I’m pleased we delivered year-over-year growth in the third quarter and adjusted EBITDA and earnings per share are aligned with expectations. South Beach growth remains strong and, most importantly, we see a clear path to return the Nutrisystem brand to growth in 2019.” Ms. Zier added, “During …
Sept. 12, 2018 Word has it that Jenny Craig is seeking a buyer for its business, according to The Wall Street Journal. Sources indicate the company has hired investment bankers to help advise it on the process. The company has improved sales somewhat after being acquired in 2015 by private equity firm North Castle Partners. …
Aug. 6, 2018 – Management reported that: “Our WW FreestyleTM program is resonating globally, driving continued strong performance in all of our major markets. We ended the second quarter with 4.5 million subscribers – an increase of 1 million compared to a year ago – as our momentum continued during our first global, summer marketing campaign,” said Mindy …
NutriSystem Report Q3 Earnings Nov. 3, 2014 — NutriSystem today reported its 3rd quarter results. Main results were that: Revenue was $90.6 million up from $85.4 million in the third quarter of 2013; Adjusted gross profit margin improved 130 basis points to 51.4% and adjusted gross profit increased 9% versus prior year to $46.5 million. …