Weight Watchers (WTW) Tops Q3 EPS by 1c, Revenues Miss; Lifts FY18 EPS Mid-Point Outlook

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WW Announces Strong Third Quarter 2018 Results

November 1, 2018 4:15 PM EDT

Updates Full Year 2018 Earnings Guidance

End of Period Subscribers in Q3 2018 up 25% year-over-year to 4.2 million 
 Total Paid Weeks in Q3 2018 up 24% year-over-year
 Revenues in Q3 2018 of $366 million, up 13%, or 14% on a constant currency basis, year-over-year
 Gross margin percentage of 58.9% in Q3 2018, up from 54.7% in the prior year period
 Operating Income in Q3 2018 of $119 million, up 30%, or 31% on a constant currency basis, year-over-year
 EPS in Q3 2018 of $1.00, up from $0.65 in the prior year... More