NEW YORK, Sept. 11, 2018 /PRNewswire/ -- Weight Watchers
International, Inc. (NYSE: WTW) will be added to the S&P MidCap
400 Index effective prior to the open of trading on September 18, 2018. The company will be
classified under S&P's Global Industry Classification Standard
(GICS) Specialized Consumer Services Sub-Industry index.
"We are honored to join the list of leading companies comprising
the S&P MidCap 400," said Nick
Hotchkin, Chief Financial Officer of Weight Watchers. "This
milestone serves as recognition of our strong momentum in expanding
our impact globally while profitably growing revenues. As we
deliver on our purpose of inspiring healthy habits for real life,
we believe we are well-positioned to continue to grow the business
and increase long-term value for our shareholders."
The S&P MidCap 400 provides investors with a benchmark for
mid-sized companies. The index, which is distinct from the
large-cap S&P 500, measures the performance of mid-sized
companies, reflecting the distinctive risk and return
characteristics of this market segment.
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About Weight Watchers International, Inc.
Weight
Watchers is a global wellness company and the world's leading
commercial weight management program. We inspire millions of people
to adopt healthy habits for real life. Through our engaging digital
experience and face-to-face group meetings, members follow our
livable and sustainable program that encompasses healthy eating,
physical activity and positive mindset. With more than five decades
of experience in building communities and our deep expertise in
behavioral science, we aim to deliver wellness for all. To learn
more about the Weight Watchers approach to healthy living, please
visit www.weightwatchers.com. For more information about our global
business, visit our corporate website at
www.weightwatchersinternational.com.
This news release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. These forward-looking statements are based on management's
current expectations and beliefs, as well as a number of
assumptions concerning future events. These statements are subject
to risks, uncertainties, assumptions and other important factors.
Readers are cautioned not to put undue reliance on such
forward-looking statements because actual results may vary
materially from those expressed or implied. The reports filed by
the Company pursuant to United States securities laws
contain discussions of these risks and uncertainties. The Company
assumes no obligation to, and expressly disclaims any obligation
to, update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise. Readers are
advised to review the Company's filings with the United States
Securities and Exchange Commission (which are available from
the SEC's EDGAR database at www.sec.gov, at
various SEC reference facilities in the United
States and via the Company's website
at www.weightwatchersinternational.com).
Contacts:
Investors:
Corey
Kinger
212-601-7569
Corey.kinger@weightwatchers.com
Media:
Megan
Bishop
917-544-0071
megan.bishop@teneostrategy.com
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SOURCE Weight Watchers International, Inc.