More on Weight Watchers' (WTW) Q1 beat: Global engagement and internet revenues rise 1.4% and...

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

More on Weight Watchers' (WTW) Q1 beat: Global engagement and internet revenues rise 1.4% and 10.9% Y/Y respectively. Long-term debt is refinanced in order to "take advantage of favorable market conditions." Cost savings initiative shows early promise and FY13 EPS guidance narrows to $3.60-3.90 per share (analysts see $3.61). Paid weeks will post low single digit growth (ahead of previous guidance) for the full year while revenue growth will post low- to mid-single digit declines for both Q2 and FY13. Shares +8.13% premarket.(PR, CC transcript)