The food company and the entertainment mogul announced Wednesday, Jan. 25, that they’d formed a joint venture called Mealtime Stories LLC , which will offer “ready to eat refrigerated products across multiple categories,” which “will make real, nutritious products more accessible to everyone.” Winfrey acquired a 10% stake in Weight Watchers , paying $43.2 million in October 2015 and joining the company’s board.
Category: Recreation
Ringling Bros. Circus Folding Its Tent After Nearly 150 Years
The Ringling Bros. and Barnum & Bailey circus said on Saturday it will cease performances after 146 years in business, owing to what it said were declining tickets sales and high operating costs.
Here’s Why Weight Watchers International, Inc. Lost 46% in 2016
After reality set in and it became clear that the former talk-show host did not possess a magic way to turn the company around, its shares went on a sort of yo-yo diet. They popped on hints of good news or comments by Winfrey, then they tanked when those effects wore off: After opening 2016 at $21.34, Weight Watchers closed the year at $11.45, a 46% drop.
Can Weight Watchers Keep Gaining After Last Week’s 18% Pop?
Shares of the weight-management specialist soared 17.6% last week, after the new ad finds Winfrey revealing that she has lost more than 40 pounds on Weight Watchers. The “Live Fully” campaign is timed to coincide with the end of the year, when losing weight becomes a popular New Year’s resolution.