WW International Shares Slide on Drop in Subscribers
Profit for the former Weight Watchers rose 57% but trailed analysts’ forecasts
Shares of WW International Inc. tumbled nearly 14% in after-hours trading Thursday after the company reported a decline in subscribers for the second quarter in a row.
WW, formerly Weight Watchers, ended the third quarter with 4.2 million subscribers, down from the prior quarter’s 4.5 million, but the company said its subscriber total was up 25% from a year earlier.
The...