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Weight Watchers Int'l (WTW) Tops Q2 EPS by 21c, Raises FY Guidance

July 30, 2014 4:23 PM

Weight Watchers Int'l (NYSE: WTW) reported Q2 EPS of $0.98, $0.21 better than the analyst estimate of $0.77. Revenue for the quarter came in at $397.5 million versus the consensus estimate of $387.7 million.

Full Year Fiscal 2014 Earnings Guidance

The Company raised its full year fiscal 2014 earnings guidance to between $1.65 and $1.85 per fully diluted share compared to its previously provided earnings guidance of between $1.45 and $1.70 per fully diluted share. This guidance, like the prior guidance, incorporates the fact that fiscal 2014 includes a 53rd week, which bridges the last week of December 2014 and the first week of January 2015 and has an expected negative $0.04 per share impact on the full year EPS. Excluded from the above earnings guidance are the following items: the one-time gain of $0.11 per share associated with the Brazil acquisition, the anticipated full year, aggregate charges of approximately $0.13 per share in connection with the Company's organizational restructuring and the net tax benefit of $0.04 per share associated with the closure of the Company's China business and the establishment of a valuation allowance, both of which were booked in the second quarter of fiscal 2014.

(Street sees FY EPS of 1.63 on $1.43 billion in revenue)

For earnings history and earnings-related data on Weight Watchers Int'l (WTW) click here.

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