Weight Watchers International, Inc. Rises After O Magazine Weight Loss Cover

Oprah Winfrey, who joined Weight Watchers International, Inc. (NYSE:WTW)¬†board last year, sending the company’s stock through the roof, is celebrating weight loss this month with her O magazine cover. She posed with nine “real” women for the feature article of this month’s issue and shared her progress in her quest to lose weight.

Weight Watchers

Oprah loses 26+ pounds

In the April issue of O, The Oprah Magazine, Winfrey shared that she lost at least 26 pounds since she became a spokesperson for and part owner of Weight Watchers last year. She also said that she was able to lose the weight even while enjoying her favorite food, which is bread.

In the past, she said Weight Watchers has helped change the way she thinks about weight loss. According to People, she told Weight Watchers members in January on a private call that she used to go on and off diets on a regular basis because she would get down to the weight she wanted to be and then go off the diet.

The talk show diva has been fighting with her weight for decades, although this time she emphasized that she’s happy with her body while also praising the virtues of weight loss and how it can improve health. She said in the article that after losing the weight, she feels “vibrant and charged up for all the great ventures and adventures I know are coming.” She also said she’s excited about all the changes she can make to improve her habits and be healthier along with losing weight.

Oprah Winfrey loses with Weight Watchers

Oprah Winfrey purchased a 10% stake in Weight Watchers in November. Investors are hoping she can turn Weight Watchers around as it said revenue for the fourth quarter plunged 21% year over year. After the last earnings report, the company’s stock tumbled, and Oprah lost millions of dollars on paper after investing $43.2 million when she bought her 10% stake.

Shares of Weight Watchers closed up 2.41% at $14.44 on Thursday.

About the Author

Michelle Jones
Michelle Jones was a television news producer for eight years. She produced the morning news programs for the NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spent a short time at the CBS affiliate in Huntsville. She has experience as a writer and public relations expert for a wide variety of businesses. Michelle has been with ValueWalk since 2012 and is now our editor-in-chief. Email her at Mjones@valuewalk.com.