The Hedgeye Internet & Media and Healthcare Teams, led by sector heads Hesham Shaaban and Thomas Tobin, are adding SHORT Weight Watchers (NYSE: WTW) to our Best Ideas list. We will host a brief call on Thursday, January 30th at 11:00am EST to discuss the key points of our thesis and field questions.
WTW IS A HIGH-CONVICTION SHORT IDEA GIVEN THE COMPANY'S
- Secular headwinds from heightened competition and cheaper options
- Waning investment in member acquisition
- Expectations for pronounced weakness in 2014 trends
Weight Watchers International, Inc. (WTW) is a leading, global-branded consumer company and the world's leading provider of weight management services, operating globally through a network of Company-owned and franchise operations. The company provides group meetings, Internet subscription products sold by WeightWatchers.com, products sold at meetings, licensed products sold in retail channels and magazine subscriptions and other publications.
- Toll Free Number:
- Direct Dial Number:
- Conference Code: 923753#
- Materials: CLICK HERE (slides will be available approximately one hour prior to the call)