US weight-loss service provider Weight Watchers International has reported an 8.8% rise in first-quarter net income, on an increase in revenue of 18%.
The company reported net income of US$40.6m for the quarter to 29 March, compared to $37.3m in the year ago period.
Operating income, excluding some foreign currency effects, was $79.4m, a year-on-year rise of 12%. The company’s revenue rose to $251.5m, compared to $212.5m a year earlier.
Worldwide attendance at company-owned operation rose 8% year-on-year, or 6% excluding acquisitions. Worldwide product sales grew 25%.
“During the quarter we experienced solid growth, driven by our international operations,” president and chief executive Linda Huett was quoted as saying by the Associated Press.

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By GlobalDataShe added that the company is “comfortable” with its full-year earnings forecast of between $1.63 and $1.71 a share.