Check out the companies making headlines after the bell: After being halted for volatility, Weight Watchers shares cratered as much as 28 percent after hours Tuesday after posting dismal fourth-quarter earnings and weak full-year guidance. Missing on the top and bottom lines, the weight-loss and wellness company earned $330 million in revenue, missing Refinitiv estimates of $347 million. Earnings per share were 46 cents cents, below the 60 cents forecast by analysts.
1 percent and down 7.3 percent for the full year. Papa John's estimates full-year North American same store sales will decrease between 1 and 5 percent. The company expected 2019 earnings per share between $1.00 and $1.20, vs. the forecast $1.20. Shares of Mylan dropped more than 9 percent in extended trading Tuesday following the release of the company's weak fourth-quarter earnings. The pharmaceutical company posted earnings per share of $1.30 on revenues of $3.08 billion.
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Oprah Winfrey's stake in Weight Watchers falls by $48 million after shares crater 30 percentAs of Tuesday's close, Winfrey's stake in Weight Watchers was valued at $160.18 million. It dropped by $45.7 million in a matter of minutes after the company reported disappointing earnings. It was a fraud the entire way up and no one said anything. Where is the accountability? Applauding a CEO for subscribers based off free memberships to teenagers and generating no profits. Shame on Wall Street for whoring this one out on the way up and down. Oh Winfrey Oprah , things are really bad for you my dear ! If Oprah wants to “sell” weight watchers, she needs to work the program. She’s still fat, why would I join?
Source: CNBC - 🏆 12. / 72 Read more »
Weight Watchers' earnings fall far short, and stock plunges nearly 30%WW, the company that was known for years as Weight Watchers, is trying to 'course correct' after some business blunders left Wall Street severely disappointed. Because the big secret was finally revealed!!! Eat less/move more At least the stock lost some fat They’d better get Oprah out on the stump pronto!
Source: CNN - 🏆 4. / 95 Read more »
Here comes Weight Watchers...Weight Watchers is set to report fourth-quarter results after Tuesday's closing bell.
Source: BusinessInsider - 🏆 729. / 51 Read more »
WW, formerly Weight Watchers, craters 28 percent after posting weak 4Q results and 2019 forecastWW, formerly known as Weight Watchers, shares cratered 28 percent Tuesday after the company posted disappointing fourth-quarter results and gave a weak 2019 forecast as the company tries to pivot to a wellness company from a diet brand. R.I.P. So are you saying the stock is losing weight at a dangerous pace? Everyone is smoking weed now and has the munchies.
Source: CNBC - 🏆 12. / 72 Read more »
Here comes Weight Watchers... (WTW) | Markets InsiderWeight Watchers crashes as earnings guidance is less than half of what was expected '...after unloading bunch of her Weight Watchers shares...' Proofread much?
Source: BusinessInsider - 🏆 729. / 51 Read more »
Weight Watchers stock plummets more than 30% after earnings show mixed results, weak guidance
Source: MarketWatch - 🏆 3. / 97 Read more »
Oprah-backed Weight Watchers tumbles on profit warningNEW YORK (AP) — Oprah Winfrey stands to see the value of her investment in Weight Watchers shrink after the company said it hasn't signed up as many subscribers as it hoped this winter and expects... I’m sure she’ll be fine. What's weight watchers? And she FAT again! No self control. She’s been bs’in us for decades!
Source: AP - 🏆 728. / 51 Read more »
WW, formerly Weight Watchers, saw its shares crater 25 percent TuesdayWeight Watchers said it will tap spokeswoman and board member Oprah Winfrey to play a central role in the company’s spring TV and digital marketing campaign. No One Cares. Alternate Headline: Oprah will continue to do Weight Watchers commercials. Has she lost weight yet?
Source: NBCNews - 🏆 10. / 86 Read more »
Oprah’s stake in Weight Watchers has shrunk by half a billion dollarsSince Weight Watchers announced a name change and a new tagline in September, the company’s stock has dropped by 60 percent. Get woke, go broke? I am no fan of the name change. I did have major success using WW. But, it was a starting place to learn about food and how to eat. Dumb name change and tag though, sorry. Think of the weight you lose by shedding all that coin, tho.
Source: NBCNews - 🏆 10. / 86 Read more »
Three UK ministers throw weight behind Brexit delay to stop no-dealThree British cabinet ministers have publicly indicated they will back plans to delay Brexit if lawmakers vote down Prime Minister Theresa May's plan for a new deal. {أحـــــ{عبدالرحمن ــمــ د ــأ بــ ـ العزيزي}ـو}
Source: CNBC - 🏆 12. / 72 Read more »