Posted on 02/26/2016 11:43:04 AM PST by Citizen Zed
Oprah Winfrey may have shed some pounds using Weight Watchers. But she may have lost something else -- influence. And money.
Shares of Weight Watchers (WTW) plunged nearly 30% Friday after the diet company reported a surprise $11 million quarterly loss.
The company's sales fell and, most alarmingly, so did the number of Weight Watchers subscribers and attendance at meetings.
Shares of Weight Watchers surged in October after Oprah announced she was taking a 10% stake in the company, joining its board and becoming a member as well. The hope was that Oprah's blessing would lead to a surge in new subscribers. Expectations grew after Oprah said in an ad for the company that she lost 26 pounds -- even while still eating bread every day.
But since Oprah first got involved with Weight Watchers, the stock price has fluctuated more wildly than the weight of a person on a fad diet.
(Excerpt) Read more at money.cnn.com ...
That’s in-between-the-couch-cushions money for Oprah. A minor annoyance at worst.
#Blackweightmatters.
Can't stand Oprah on so many levels, I locked OWN on the cable in case I accidently go to it, so as not to give her any $$$.
Hmmm, I should probably lock Al Jazeerah too.
She took an 11mm cash pymt that wrecked eps. No one to blame but herself.
Lean proteins, veggies, and exercise. It's not that complicated. If she still fat, it means she's lazy.
is that 27 million pounds or dollars she lost?
Oprah gave the World Obama , nuff said
What is that inpounds?
There’s nothing magical about all these diet plans. Reduce the calorie intake and you will lose weight. No brainer. Now, will power is another thing.
I don't know who the two miserable looking slobs are in your #23, but I'll bet that everyone of the following over weight pigish lesbians are devastated now that they'll have to consume large amounts of grapefruit instead of cookies, candies, pie and cashews !
Lesbians the likes of Rosie O'Donnell, Elena Kagan, Janet Reno, Madeleine Albright, Amy Shumer, Anise Parker, Rachel Maddow; Candy Crowley, Barbara Jordan, K D Lang, Margarethe Cammermeyer, Kate Clinton, Sara Gilbert, Rosie Jones, Daniela Sea, Wanda Sykes, Lily Tomlin and last but not least - the cob roller slug, Hillary Clinton!
27 million dollars lost-—what is that in pounds? /S
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