Weight Watchers International Inc (WTW.N)
6 Dec 2013
|Market Cap (Mil.):||$1,879.19|
|Shares Outstanding (Mil.):||56.40|
NEW YORK (Reuters Health) - Compared to going it alone, using the Weight Watchers diet program helps people shed extra pounds, says a new study.
NEW YORK - Facing increased competition from free calorie-counting apps, Weight Watchers International Inc is targeting a steadily growing market - employers looking for a leaner workforce.
(Corrects CEO's surname in paragraph 12 to Chambers from Chamber)
- Weight Watchers International Inc shares fell as much as 21 percent after the weight management company said it expects recruitment trends to deteriorate through the year as customers increasingly turn to free apps and electronic monitors.
Aug 1 - Weight Watchers International Inc cut its profit forecast as competition from free apps ate into its business, sending its shares down 17 percent in after-hours trading.