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Dienstag, 28.02.2017 22:20 von | Aufrufe: 97

Weight Watchers Announces Fourth Quarter And Full Year 2016 Results And Provides Full Year 2017 Guidance

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PR Newswire

NEW YORK, Feb. 28, 2017 /PRNewswire/ -- Weight Watchers International, Inc. (NYSE: WTW) today announced its results for the fourth quarter and full year fiscal 2016 and provided its full year fiscal 2017 earnings guidance.

"We delivered positive member recruitment growth in every quarter of 2016, ending the year with 10% more subscribers than the prior year," said Nick Hotchkin, the Company's CFO and Member, Interim Office of the CEO. "So far in 2017 our global marketing campaigns are driving strong member recruitment and interest in our Beyond the Scale program. With the year off to a good start, we are confident we will deliver revenue growth and higher profitability throughout the year."

Q4 2016 Consolidated Results






 

 

 

%


ARIVA.DE Börsen-Geflüster

Kurse

Change


% Change

Adjusted for

Constant

Currency


Three Months Ended




December 31,


January 2,




2016


2016



(in millions except percentages, per share amounts, and as noted)








Service Revenues, net

$221.2


$212.9


3.9%


5.7%

Product Sales and Other, net

46.2


46.4


(0.4%)


2.2%

Revenues, net

$267.4


$259.2


3.2%


5.0%

Operating Income

$46.7


$16.3


186.2%


190.9%

Adjustments








Winfrey Transaction Expenses

-


13.6





Restructuring Charges

-


1.3





Adjusted Operating Income

$46.7


$31.3


49.5%


51.9%

Net Income (Loss)*

$13.3


$(11.3)


217.8%


222.8%

EPS

$0.20


$(0.18)


211.6%


216.4%

 

Total Paid Weeks

36.8


33.4


10.1%


N/A

Meeting(1) Paid Weeks

16.4


15.0


9.6%


N/A

Online(2) Paid Weeks

20.4


18.4


10.5%


N/A

End of Period Subscribers(3) (in thousands)

2,621.1


2,389.6


9.7%


N/A

Meeting Subscribers (in thousands)

1,102.0


997.9


10.4%


N/A

Online Subscribers (in thousands)

1,519.1


1,391.7


9.2%


N/A

 

Attendance

6.8


6.7


1.1%


N/A

Note: Totals may not sum due to rounding.
See "Reconciliation of Non-GAAP Financial Measures" attached to this release for further detail on adjustments to GAAP financial measures.
(1) "Meetings" refers to monthly commitment plan subscribers, "pay-as-you-go" members, Total Access subscribers and other meetings members.
(2) "Online" refers to Weight Watchers Online, Weight Watchers OnlinePlus, Personal Coaching and other digital subscription products.
(3) "Subscribers" refers to meetings members and Online subscribers who participate in recurring billing programs, such as the Company's monthly commitment plans for its meetings business.
*Except in the case of the financials attached to this release, "Net Income (Loss)" refers to Net Income (Loss) attributable to Weight Watchers International, Inc.

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