Weight Watchers Announces Third Quarter EPS of $.59

 

Weight Watchers International, Inc. WTW today announced its results for the third quarter of fiscal 2010 and updated its fiscal 2010 earnings guidance.

Third quarter 2010 highlights:

  • Revenues of $330.6 million, up 3.5% on a constant currency basis versus the prior year period, and global paid weeks up 10.7%
  • North American meeting revenues of $156.9 million, up 2.5% versus the prior year period, with meeting paid weeks up 2.8%
  • Internet revenues of $60.5 million, up 21.7% versus the prior year period, with Online paid weeks up 26.0% and end of period active Online subscribers up 27.4%
  • EPS of $0.59 includes a $0.05 charge per fully diluted share associated with the pending settlement of a California lawsuit not previously included in the Company's prior guidance range
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Posted In: EarningsNewsConsumer DiscretionarySpecialized Consumer Services
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