At the time, she purchased about 10% of Weight Watchers, or about 6.37 million shares, at a price of about $6.79 a share and received the right to acquire another 5% of the company for $6.97 a share. Weight Watchers shares soared by as much as 100% in a single day following the news, and they gained as much as 500% thereafter.
Full Answer
Does Oprah own weight watchers?
Oprah Winfrey has turned her earnings and success from her long-running talk show into a veritable media empire. She has her own cable channel, a stake in Weight Watchers and a multi-year deal ...
Is Weight Watchers really worth the money?
Weight Watchers consistently ranks the highest amongst commercial diets for overall fat and weight loss (source), making it arguably one of the most successful dieting programs available to consumers. Right now, the WW FreeStyle program costs about $20 per month, and you can add optional meetings for a $50 per month total.
How is Oprah doing on Weight Watchers?
Weight Watchers (WTW) stock is increasing on heavy trading volume on Tuesday after the company debuted an advertisement featuring investor and media mogul Oprah Winfrey ... Let's do this together."
Who owns Weight Watchers Oprah?
- Weight Watchers shares crater 29 percent on weak fourth-quarter earnings results and 2019 forecast.
- Oprah Winfrey owns about 8 percent of Weight Watchers shares, according to FactSet.
- Winfrey’s stake loses nearly $46 million in market value Tuesday in after-hours trading.
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How much money has Oprah made off of Weight Watchers?
Oprah Winfrey recently disclosed the sale of more than $16 million of WW International WW –8.19% shares. The media icon made the sale through both a personal account and the Oprah Winfrey Charitable Foundation. WW (ticker: WW) is still probably best known by its former name, Weight Watchers.
Does Oprah own WW stock?
Entertainment mogul Winfrey made a large personal investment in WW in October 2015 and continues to hold stock. She is also the company's spokesperson through 2025.
When did Oprah invest in Weight Watchers?
October 2015Winfrey first partnered with Weight Watchers in October 2015, when she bought 6.4 million shares at $6.79 a share, worth $43.2 million at the time, according to a Securities and Exchange Commission filing. The stock has rocketed nearly 450% since then and trades around $38 per share.
Who owns the most shares of Weight Watchers?
Top 10 Owners of WW International IncStockholderStakeShares ownedInvus Public Equities Advisors LL...21.14%14,818,300BlackRock Fund Advisors11.27%7,894,640The Vanguard Group, Inc.10.59%7,422,379Senvest Management LLC6.77%4,745,1346 more rows
What is wrong with Weight Watchers?
Weight Watchers focuses on counting points, not calories. However, counting calories is also important. If you consume calories significantly below the average intake of 2000 calories per day, you are at risk for undernourishment. For example, Weight Watchers frozen meals contain an average of 250 to 300 calories each.
How much did Weight Watchers sell for?
With the help of regular support meetings, members are encouraged to exercise and generally eat what they want, so long as they stay within their points. In 2003, Mark sold eight franchises in the northeast and central U.S. to WW International for a reported $181 million.
Is Weight Watchers losing money?
The company earned $8.9 million, or 12¢ a share, in the second quarter of 2021 compared with $14 million, or 20¢ a share, made in the same quarter last year. Revenue also fell to $311 million, down 10% from the $334 million logged last year.
What stocks does Oprah own?
Oprah Winfrey Stock Portfolio: Companies To ConsiderUnited Natural Foods, Inc. (NYSE:UNFI) ... Oatly Group AB (NASDAQ:OTLY) Number of Hedge Fund Holders: 19. ... WW International, Inc. (NASDAQ:WW) ... The Kraft Heinz Company (NASDAQ:KHC) Number of Hedge Fund Holders: 33. ... General Mills, Inc. (NYSE:GIS)
Who owns Weight Watchers now?
Since 1999, the chairman of the company has been Raymond Debbane, co-founder and CEO of The Invus Group. In 2015, Oprah Winfrey purchased a 10 percent ownership stake in WW International and serves as a member of the board of directors.
How much weight has Oprah lost?
stated on March 7, 2022 in a post: “Oprah reveals her fully-natural solution that allowed her to drop 62 (pounds) in six weeks.”
Is WW a good stock to buy?
The financial health and growth prospects of WW, demonstrate its potential to outperform the market. It currently has a Growth Score of C. Recent price changes and earnings estimate revisions indicate this would not be a good stock for momentum investors with a Momentum Score of F.
How much did Oprah Winfrey sell in Weight Watchers?
Oprah Winfrey Sells Millions of Dollars of Slumping Weight Watchers Stock. Oprah Winfrey sold more than $16 million of stock in WW International earlier this month, both from a personal account and through her foundation. The weight-loss and wellness firm’s shares have tumbled in the face of the coronavirus pandemic.
How much did Oprah Winfrey sell WW International shares?
Oprah Winfrey recently disclosed the sale of more than $16 million of WW International shares. The media icon made the sale through both a personal account and the Oprah Winfrey Charitable Foundation.
How much did Winfrey sell WW shares?
The most recent previous sale was in March 2018, when Winfrey sold 2 million WW shares for $120.1 million, a per-share average price of $60.10. She had gifted 361,000 WW shares to her foundation, which sold them for $22.6 million, or $62.56 each on average.
Does Oprah own WW stock?
The Oprah Winfrey Charitable Foundation doesn’t currently own any WW stock. Winfrey didn’t respond to a request for comment made to a law firm that is listed as her contact on her SEC forms. The latest transaction is her first sale in a couple of years.
How much did Oprah Winfrey buy Weight Watchers?
Winfrey first partnered with Weight Watchers in October 2015, when she bought 6.4 million shares at $6.79 a share, worth $43.2 million at the time, according to a Securities and Exchange Commission filing. The stock has rocketed nearly 450% since then and trades around $38 per share.
How many WW shares does Oprah Winfrey own?
With the renewed partnership, Winfrey is given the option to purchase about 3.3 million WW shares, about 4.3% of the company’s common stock on a fully diluted basis. If she purchases the shares, the company will record a one-time charge in the second quarter of 2020.
How much is Oprah Winfrey worth?
Winfrey’s net worth was estimated to be about $4 billion last year, by Bloomberg ’s Billionaires Index. “Oprah and WW are fully aligned on the opportunity for WW to lead in the democratization of wellness, making a positive impact on the health and wellness of society as a whole,” said WW President and CEO Mindy Grossman.
When will Winfrey be back at WW?
Winfrey will continue to provide insights to WW on “consumer motivation, community activation, creative strategy and the overall consumer experience” through April 2023 and will continue to serve as a key advisor to the company through May 2025. Shares of WW are flat for the year.
Is Weight Watchers a partnership with Oprah?
WW International announced Monday its partnership with Winfrey is being extended into 2025, a collaboration that has rallied the stock nearly 450%.
Is Oprah Winfrey a WW partner?
WW International announced its partnership with billionaire Oprah Winfrey is being extended into 2025. The stock has rallied nearly 450% since Winfrey’s partnership with Weight Watchers began in October 2015. Winfrey holds about 5.4 million shares of WW, about 8% of the health company, according to FactSet. WW International, formerly known as ...