(Reuters) - Weight Watchers International Inc slashed its full-year profit forecast after its second-quarter sales were hurt by a drop in the number of people attending its meetings. Weight Watchers shares fell as much as 15 percent to $41.62 in after-market trade on Wednesday, after closing at $48.79 on the New York Stock Exchange. The company said it has been experiencing weakness in business trends since June and is cautious about the second half of the year in light of difficult macroeconomic trends. ... via Health News Headlines - Yahoo! News Read More Here..
Thursday, 2 August 2012
Weight Watchers sees bleak FY as consumer spending slows
(Reuters) - Weight Watchers International Inc slashed its full-year profit forecast after its second-quarter sales were hurt by a drop in the number of people attending its meetings. Weight Watchers shares fell as much as 15 percent to $41.62 in after-market trade on Wednesday, after closing at $48.79 on the New York Stock Exchange. The company said it has been experiencing weakness in business trends since June and is cautious about the second half of the year in light of difficult macroeconomic trends. ... via Health News Headlines - Yahoo! News Read More Here..
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