Can Oprah Save Weight Watchers?
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 27 February 2019
⏱️ 18 minutes
🧾️ Download transcript
Summary
WW, the company formerly known as Weight Watchers, craters on disappointing earnings. Can WW investor and spokesperson Oprah Winfrey help right the ship?
Motley Fool analyst Ron Gross tackles that question, digs into better-than-expected earnings from Best Buy, and talks about the latest from biotech company, CRISPR.
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Transcript
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| 0:00.0 | Thanks to AirB&B for sponsoring this episode of Market Foolery, |
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| 0:07.0 | Hosting on AirB&B might just be the best investment you haven't made yet. |
| 0:12.0 | Go to AirB&B.com slash fool to start hosting and learn |
| 0:16.3 | about a hundred dollar Amazon gift card offer for our listeners. Terms and |
| 0:20.6 | conditions apply. It's Wednesday February 20th. Terms and |
| 0:25.0 | joining me in studio, the one, the only motley full, |
| 0:28.0 | and joining me in studio, the one, the only motley full analyst Ron Gross Ron, |
| 0:32.0 | Ron, how are you doing? doing sold it a little too much you think so this is going to |
| 0:35.4 | disappoint now there's nowhere to go should we lower expectations |
| 0:38.7 | yeah well just a bit okay okay just a bit well good to have you Ron we're going to talk some |
| 0:45.0 | best buy and we're going to talk a little biotech how's that sound love it love it but you know we've |
| 0:50.1 | got to start with the obvious we are just a hop skip and jump away from |
| 0:55.4 | Washington DC, our nation's capital. We're basically in Alexandria, Virginia, just |
| 0:59.7 | across from the Potomac. So we've got to talk about the story that everyone is talking about |
| 1:04.2 | today and of course I'm talking about Weight Watchers lowered guidance. |
| 1:09.2 | Because it's not a political show I guess. It's not a political show. |
| 1:14.0 | That's what I'm trying to say. |
| 1:15.0 | So we're not going there at all. |
| 1:16.0 | We are going to talk about a very bad day for Weight Watchers, |
| 1:20.0 | which is now known as just W. W. W. They renamed the company. So I want to talk about that too. But |
| 1:27.2 | W. W. shares down 35% on disappointing earnings and yes lowered guidance now Ron |
... |
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