Weight Watchers International (WTW) is an American company that offers various products and services to assist weight loss and maintenance. Founded in 1963 by Queens,New York, homemaker Jean Nidetch, it now operates in about 30 countries around the world, generally under names that are local translations of “Weight Watchers”. The core philosophy behind Weight Watchers programs is to use a science-driven approach to help participants lose weight by forming helpful habits, eating smarter, getting more exercise and providing support. At 12 months Weight Watchers is associated with 2.6% more weight loss than those who were in a control group. The term weight-watcher, in the same sense, had circulated publicly for several years before the company was formed.
Who needs earnings, all it takes is Oprah to announce her most recent weight loss and we'll all be rich.
Nice looking ascending triangle heading into earnings. Funny that the support and resistance lines meet up right around earnings time. Could be a nice setup if earnings are positive.
Reported after close yesterday (5/4/16) Earnings: EPS -$0.17 Revenue $306.9M Estimates: EPS -$0.18 Revenue $308.9M Up 11.05% in pre-market
Oprah loses weight and this stock goes up? Can we make an automated trading model around this? Wire up Oprahs bathroom scale to the internet and every morning take a reading. If its lower than the day before, but call options on WTW. We can be billionaires!
Could it work the opposite as well? Strategically place operatives in her inner circle that can tempt her with good food and when she puts on some weight, short WTW? Nevermind, that sounds horribly unethical
Seems like she got a million dollars for every pound she lost. I would go anorexia for that kind of money
Up 9% ahead of earnings today after hours. Pricing in good earnings? Or just setting up for a big drop? Stay tuned to find out!
Nutrisystems (NTRI) reported yesterday and is currently +19%. Probably a bit of people thinking this will do the same.
