Market Overview

UPDATE: Weight Watchers Posts 8.9% Drop In Q4 Profit, Issues Downbeat 2013 View

Related WTW
Food, Fashion, Finance Firms Among 10 To IPO
Pete Najarian Sees Unusual Options Activity In Weight Watchers And General Motors

Weight Watchers International (NYSE: WTW) reported an 8.9% drop in its fourth-quarter earnings and issued downbeat 2013 forecast.

For the year, Weight Watchers expects earnings of $3.50 to $4 per share, versus analysts' estimates of $4.75 per share.

Weight Watchers' quarterly profit fell to $58 million, from $63.7 million, in the year-ago period. On a per-share basis, its earnings rose to $1.03 from $0.86. Excluding special items, its adjusted earnings came in at $0.96 per share.

Its revenue rose 1.7% to 407.9 million. However, analysts were expecting earnings of $0.87 per share on revenue of $398 million.

Weight Watchers shares dropped 14.99% to $46.00 in after-hours trading.

Posted-In: profitEarnings News Guidance


Related Articles (WTW)

View Comments and Join the Discussion!

Partner Center