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Wednesday, August 7, 2019

Weight Watchers +23% on strong outlook

Weight Watchers (NASDAQ:WW) sails higher in premarket trading after setting favorable guidance alongside its Q2 report.
The company expects full-year revenue of at least $1.40B vs. $1.40B consensus and EPS of $1.55 to $1.70 vs. $1.52 consensus.
Weight Watchers ended Q2 with 4.6M paid subscribers vs. 4.5M a year ago. Digital subscribers were 3.2M vs. 2.9M a year ago.
Shares of WW are up 22.80% premarket to $25.80.

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