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WW International Inc (WW) RSS Feed

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Created
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Company Name: Weight Watchers International, Inc.
Ticker Symbol: WTW
WWW Address: www.weightwatchers.com
CEO: David P. Kirchhoff
No. of Employees: 56,000
Common Issue Type: CS
Business Description: Weight Watchers International, Inc. is a provider of weight management services, operating globally through a network of Company-owned and franchise operations.


BIG NEWS TODAY OCT.19,2015 that the price went KABOOM!!!
 

Oprah Winfrey And Weight Watchers Join Forces In Groundbreaking Partnership

Date : 10/19/2015 @ 6:45AM
Source : PR Newswire (Canada)
Stock : Weight Watchers International, Inc. (WTW)
Quote :  13.92  7.13 (105.01%) @ 6:36PM
 
 

Oprah Winfrey And Weight Watchers Join Forces In Groundbreaking Partnership

 
 

NEW YORK, Oct. 19, 2015 /CNW/ -- Oprah Winfrey and Weight Watchers International, Inc. (NYSE: WTW) have joined together in a groundbreaking partnership to inspire people around the world to lead a healthier and more fulfilling life. Winfrey was compelled by the proven Weight Watchers program combined with new initiatives to broaden the company's mission to prioritize overall health and wellness. As a part of this long-term partnership, Winfrey is making a substantial equity investment in the company and is joining the Board of Directors, bringing her insight to future products and programs.

OPRAH WINFREY AND WEIGHT WATCHERS JOIN FORCES IN GROUNDBREAKING PARTNERSHIP

"Weight Watchers has given me the tools to begin to make the lasting shift that I and so many of us who are struggling with weight have longed for," said Oprah Winfrey. "I believe in the program so much I decided to invest in the company and partner in its evolution."

"We are expanding our purpose from focusing on weight loss alone to more broadly helping people lead a healthier, happier life," said Jim Chambers, President and CEO, Weight Watchers International, Inc. "Through our conversations, it became clear that there is tremendous alignment between Oprah's intention and our mission. We believe that her remarkable ability to connect and inspire people to realize their full potential is uniquely complementary to our powerful community, extraordinary coaches and proven approach."

Winfrey's roles at Weight Watchers will include:

  • Member – Winfrey has joined the program and will candidly share her experiences and perspective along the way.
    Board Member and Adviser – Winfrey will bring insight and strategy to program development and execution that reflects not only her own experiences as a member, but also her unique ability to inspire and connect people to live their best lives.
    Owner – Winfrey will purchase newly issued shares representing 10% of the shares outstanding and will receive options to acquire an additional 5% of the fully diluted shares.

"Weight Watchers and Oprah Winfrey make a powerful combination," said Ray Debbane, Chairman of the Board of Directors, Weight Watchers International, Inc. "Oprah is a force of nature in connecting with people on a very personal level to live inspired lives. This partnership will accelerate our transformation and will meaningfully expand our ability to impact many millions of people worldwide."

About Weight Watchers International, Inc.
Weight Watchers International, Inc. is the world's leading commercial provider of weight managementservices, operating globally through a network of Company-owned and franchise operations. Weight Watchers holds more than 36,000 meetings each week where members receive group support and learn about healthy eating patterns, behavior modification and physical activity. Weight Watchers provides innovative, digital weight management products through its websites, mobile sites and apps. Weight Watchers is the leading provider of online subscription weight management products in the world. In addition, Weight Watchers offers a wide range of products, publications and programs for those interested in weight loss and weight control.

Media Contacts:

 

Stacie Sherer for Weight Watchers

Nicole Nichols for Oprah Winfrey

212.589.2737

323.602.5511

Stacie.Sherer@weightwatchers.com

Nicole_Nichols@own.tv 

   

For Investor Inquiries:

 

Corey Kinger for Weight Watchers

 

212.986.6667

 

kinger@braincomm.com

 

Photo - http://photos.prnewswire.com/prnh/20151018/278031

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/oprah-winfrey-and-weight-watchers-join-forces-in-groundbreaking-partnership-300161712.html

SOURCE Weight Watchers International, Inc.

Copyright 2015 Canada NewsWire

WTW Share Structure Common Stock Outstanding as of November 3, 2015 was 63,621,022.

Artal Luxembourg S.A
Amount beneficially owned: 29,443,300 shares
Percent of class: 46.3%
Statement of Ownership (sc 13d)


Oprah Winfrey
c/o Harpo, Inc.
Purchased 6,362,103 shares
Percent of class: 10.0%
Option Shares 3,513,468 shares
Amount beneficially owned: 9,875,571 shares
Percent of class:  14.72%
Statement of Beneficial Ownership (sc 13d)
As October 19, 2015

FMR LLC
Amount beneficially owned: 5,981,900 shares    
Percent of class: 9.4 %
Statement of Ownership SCHEDULE 14C

Steven A. Cohen
Amount beneficially owned: 3,797,162 shares
Percent of class: 6.0%
Statement of Ownership (sc 13g)

Capital Research and Management Company
Amount beneficially owned: 3,532,000 shares
Percent of class: 5.55%
Statement of Ownership SCHEDULE 14C

First Manhattan Co
Amount beneficially owned: 2,949,457 shares    
Percent of class: 4.6 %
Statement of Ownership SCHEDULE 14C


52,065,922 shares  insiders own 81.85% of O/S

11,555,100 shares is Float

common stock outstanding as of November 3, 2015 was 63,621,022.
Quarterly Report (10-q)

Weight Watchers

By Weight Watchers International, Inc.

Open iTunes to buy and download apps.

Free

  • Category: Health & Fitness
    Updated: Nov 04, 2015
    Version: 3.8.3
    Size: 39.8 MB
    Apple Watch: Yes
    Languages: English, Dutch, French, German, Spanish, Swedish
    Seller: Weight Watchers International, Inc.
    © 2015 Weight Watchers International, Inc.

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Current Version:    
225 Ratings
All Versions:    
112096 Ratings

Top In-App Purchases
1.Weight Watchers Online  $169.99
2.entulínea Online              $189.99
3.Weight Watchers Online  $49.99
4.Weight Watchers Online  $179.99
5.Weight Watchers Online  $209.99
6.Weight Watchers Online  $299.99

https://itunes.apple.com/us/app/weight-watchers/id331308914?mt=8






About Weight Watchers International, Inc.
Weight Watchers International, Inc. is the world's leading commercial provider of weight management services, operating globally through a network of Company-owned and franchise operations. Weight Watchers holds more than 36,000 meetings each week 
here members receive group support and learn about healthy eating patterns, behavior modification and physical activity.


 
    
 
 
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