Weight Watchers Announces Second Quarter Results

Weight Watchers International, Inc. WTW today announced its results for the second quarter of fiscal 2010, which ended July 3, 2010, and narrowed its fiscal 2010 earnings guidance. Second quarter 2010 highlights: Revenue of $376.7 million, up 1.1%, and EPS of $0.73 versus $0.76 in the prior year period Newly launched North American marketing campaigns exceeded expectations Success of new program innovation -- ProPoints® -- in Continental Europe continued; CE paid weeks up 11.2% Internet revenues grew 20.6%; Weight Watchers Online active subscriber base passed the 1 million milestone
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Posted In: EarningsNewsMarketsConsumer DiscretionarySpecialized Consumer Services
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