Weight Watchers announced earnings on Wednesday with a bit of a surprise for investors. Analysts were expecting earnings of $0.09 a share on $399.2 million in revenues, but Weight Watchers delivered earnings of $0.38 a share on $409.4 million in revenues. CEO Jim Chambers stated that 2014 would be a tough year for the company and he’s right. The weight loss company faces competition from diet apps and calorie-counting gadgets from competitors like Nutrisystem.
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