Oprah Winfrey Has Definitely Lost Weight, But Also Lost $58 Million Today
Oprah Winfrey is lookin’ good as a result of her own personal weight loss journey, but her share in Weight Watchers company, isn’t lookin’ so good!
It was reported that Weight Watchers stock was plummeting as a result of their allegedly “lack” of membership growth, according to USA today. USA Today noted that Weight Watchers CEO Mindy Grossman said in a statement, “that the company has had a soft start to 2019 versus last year’s strong performance” since its early-year recruitment period did not go well.
Weight Watchers’ dramatic turn-around in membership is heavily impacting their investors, finances, and the overall productivity of their business. Although Oprah’s share in the company is 8%, she unfortunately loses millions as a result.
The health and nutrition weight loss company is designed to assist individuals in living healthier lives. According to USA Today, the company’s membership isn’t growing as their membership is steadily declining into 2019.
