Apparently Even Oprah Cant Save Weight Watchers
Weight Watchers sales declined rapidly in the last quarter, despite media celebrity Oprah Winfrey's investment and advertising campaign. Weight Watchers reported a 21 drop in quarterly revenue down to 259.2 million, and active subscriber membership dipped 4.8 during the fourth quarter ending Jan. 2, Reuters reports. Winfrey joined the weight-loss company in October 2015 after it had experienced a nearly three-year decline in sales. She made a 43.2 million investment for a 10 stake and was added to the company's board its stock more than doubled on the day her involvement was announced.