Shares have been volatile on news of competing product introductions. The company also faces other problems that are likely to continue in 2020.
News & Analysis: Weight Watchers International
It was a rocky year for the weight-loss specialist.
Shares of the weight-loss specialist fell after a rival introduced a competing product.
The “Oprah effect” sent Dr. Phil to stardom, but it won’t drive WW share recovery unless the company’s other efforts can lift sales and subscriptions.
Slowing subscriber growth, increased competition, and shifting consumer preferences are a lot for even Oprah to overcome.
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Last week, Weight Watchers International rolled out myWW, offering members a customized approach to weight management. But will its new program and its rebranding effort help it recover from slimmer third-quarter revenue results?
The weight-loss brand will struggle to compete with accessible, affordable, and even free alternatives.
A couple factors could be weighing on WW International stock this morning.
WW earnings call for the period ending September 28, 2019.