* Q3 adj EPS $0.69 vs est $0.64
* Q3 revenue $330.6 mln vs est $327.4 mln
* Sees 2010 EPS $2.42-$2.47
* Shares down about 4 pct in trading after the bell
Nov 9 Weight Watchers International Inc's
(WTW.N) quarterly profit beat estimates for the eighth straight
quarter on strong demand at its weightwatchers.com and North
American meeting business, but tweaked its 2010 earnings view.
Shares of New York-based Weight Watchers, which have gained
nearly 26 percent since it reported second quarter results on
Aug. 5, fell nearly 4 percent to $33.82 in extended trade.
They had closed at $35.17 on Tuesday on the New York Stock
The company, which helps customers lose weight, now sees
2010 earnings of $2.42-$2.47 a share including a charge of 5
cents on a pending settlement of a lawsuit, compared with its
prior view of $2.35-$2.50 a share.
Analysts on average expect earnings of $2.47 for the year,
according to Thomson Reuters I/B/E/S.
The company, which organises weekly meetings consisting of
nutrition advice, exercise tips and success stories, said
meeting revenue at its North American company-owned meeting
operations (NACO) was at $156.9 million, up 2.5 percent.
Weight Watchers, whose rivals include Nestle AG's NESN.VX
Jenny Craig Inc, Medifast Inc (MED.N) and NutriSystem Inc
(NTRI.O), earned 59 cents a share on revenue of $330.6 million
for the third quarter ended Oct. 2. [ID:nASA011A2]
Excluding items, it earned 69 cents a share, according to
Thomson Reuters I/B/E/S.
WeightWatchers.com delivered double-digit top-line growth,
with internet revenue surging 22.5 percent on a constant
currency basis to $60.5 million and online paid weeks up 26.0
(Reporting by Renju Jose in Bangalore; Editing by Prem