Weight Watchers International (WTW -12%) gets body-slammed today after its Q2 top line missed...

|About: Weight Watchers Internation... (WTW)|By:, SA News Editor

Weight Watchers International (WTW -12%) gets body-slammed today after its Q2 top line missed estimates late yesterday. Net earnings fell 11% Y/Y as revenue growth at its Internet business largely was offset by lower sales in its meeting business. The company also cut its FY12 guidance by $0.60 to between $4.00 and $4.20 per share, citing weaking consumer trends and higher spending to combat increased competition from peers like Nestle (NSRGY -0.1%), Jenny Craig Nutrisystem (NTRI -1.8%) and Medifast (MED).