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Is the Oprah Winfrey halo starting to fade from Weight Watchers?Weight Watchers shares fell nearly 15 percent Tuesday after the company reported a decline in subscribers between the first and second quarters.But the market may be overreacting to a calendar problem.For the past few years, Weight Watchers has reported a similar dip in subscribers during that period. The rolls grow again as the year progresses, which makes sense.People are often gung-ho about exercising, eating better and losing weight right after the winter holidays. But New Year's resolutions can be hard to maintain in the spring and summer.Even though some subscribers drop out in the first few months of the year, total subscribers are actually way up since Winfrey joined. The base grew 28 percent from a year ago to 4.5 million.In the third quarter of 2015, the company had fewer than 2.6 million subscribers.Despite the big drop in the stock Tuesday, the company's latest profits actually topped forecasts, and it raised its outlook.Shares in the company are up nearly 80 percent this year and have skyrocketed more than 1,000 percent since Winfrey first invested about million.Weight Watchers has done an extraordinary job over the past few years of making the company's programs more exciting for a broader base of people, particularly since Mindy Grossman — formerly of HSN — took over as CEO last year.The new Weight Watchers Freestyle program lets you eat a wider variety of food. Weight Watchers has also partnered with meditation company Headspace to provide exclusive content on the Weight Watchers app to its subscribers.It's all about wellness, not necessarily how many pounds you've lost.Grossman said during an earnings call with analysts Monday evening that beginning next January, no artificial ingredients will appear in any Weight Watchers-branded products. And she quoted Winfrey, who said at a Weight Watchers event in February that "healthy is the new skinny."In addition to Winfrey, who is also a board member and the company's third largest investor with a 5 percent stake worth about 0 million, Weight Watchers has brought on actor Kevin Smith, music star DJ Khaled and celebrity chef Eric Greenspan as "ambassadors" for the company.So there is no issues with Oprah's halo. Weight Watchers still looks pretty healthy. 2337
It may be the undercard match in 2020, but the battle for control of the U.S. Senate will not be cheap. Democrats are beginning to post fundraising totals for Q2 and numbers show that despite the pandemic, donating to Democratic politicians isn't appearing to take a hit. For example, in Montana, Former Democratic Gov. Steve Bullock announced he has raised .7 million to defeat Republican Sen. Steve Daines, who is also expected to raise millions. Montana is shaping up to be a crucial state for Democrats. Currently, Republicans control 53 seats in the United States Senate. It is looking more likely a Republican will win the Senate race in Alabama which means Republicans will have 54 seats. But they must also defend seats in states like Montana, Colorado, Arizona, North Carolina, Georgia and Maine. Democrats believe it is possible to win five of those races, giving Democrats control. Democrats would also gain control the Senate if they win four of those races and Joe Biden wins the presidency, since the vice oresident casts tie-breaking votes. MONEY TALKS The biggest sign yet that Democrats are focused heavily on the Senate is the race in South Carolina. Trump ally Sen. Lindsey Graham is up for reelection and his race is generally not seen as a competitive, yet Jaime Harrison, Graham's Democratic challenger, announced he has raised over million. While much focus is being placed on Democrats, Republicans are expected to match Democratic numbers when it is all said and done. Many Republican Senators have worked for years to maintain a "campaign warchest" predicting strong numbers from the Democratic Party. For instance in Colorado, Republican Sen. Cory Gardner is estimated to have over million dollars worth of "cash on hand" available to defend his seat. 1799
It's been several hours since Hurricane Laura made landfall, but the storm is still delivering devastating gusts of wind to inland Louisiana.In it's 4 a.m. CT update, the National Hurricane Center downgraded Laura from a Category 4 hurricane to a Category 3 hurricane. But the storm is still delivering maximum sustained winds of 120 mph, and "unsurvivable storm surge."According to the NHC, Laura will continue to deliver hurricane-force winds to central and northern Louisiana throughout the day on Thursday. The storm will then move to the northeast, bringing heavy rain to the Missouri Valley and Ohio Valley regions on Friday and through the weekend.Laura made landfall near Cameron, Louisiana at about 1 a.m. CT on Wednesday as an "extremely dangerous" Category 4 storm with 150 mph sustained winds. The Category 4 rating makes Laura is the strongest hurricane to make landfall in Louisiana in at least 60 years, according to the National Weather Service.The National Hurricane Center (NHC) said Wednesday that "Laura is expected to produce catastrophic impacts from the coast to well inland; life-threatening storm surge, extreme winds, torrential rain, flooding, and tornadoes."On early Thursday morning, NOAA's Coastal Inundation Dashboard showed storm surge warnings all across Louisiana's shoreline. The dashboard also noted that readings from Calcasieu Pass — a tributary near Cameron that flows into the Gulf of Mexico — showed that surge was recorded at about 9 feet as of 1:30 a.m. CT."Take the next few hours and get your family to a safe location," Louisiana Gov. John Bel Edwards said at a Wednesday afternoon press conference. He reminded residents that during a hurricane, it is hard to respond to emergency calls right away for people who decide to stay behind.The National Hurricane Center issued an "extreme wind warning" for areas of Southeast Texas and Southwest Louisiana at about 11 p.m. ET on Wednesday. A fairly new and rarely-used warning, it's issued for areas expected to see winds of 115 mph or higher. Residents in the affected areas are urged to find a low-lying interior room and protect their heads. 2145
INDIANAPOLIS -- Actor Chris Hemsworth will wave the green flag at the Indianapolis 500 on May 27. Hemsworth most famously plays Thor in Marvel's "Avengers: Infinity War" and other Marvel movies. He also played Formula One driver James Hunt in "Rush."Hemsworth is waving the flag as the brand ambassador for TAG Heuer, the "Official Timepiece of the Indy 500.""Chris is a true sporting fan who is going to embrace the IMS experience and enjoy seeing 33 cars race down the front stretch at our iconic facility," said J. Douglas Boles, Indianapolis Motor Speedway president. 604
It was a moment one lucky Norfolk, Virginia couple didn’t know was coming.Derek Page and his fiancée, Veronica Singer, got a one-of-a-kind gift Sunday for their upcoming wedding in October.“I knew my brother was planning something, but I had no idea it would be this,” explained Derek.Derek’s brother, Alex Page, planned the surprise after coming across a Facebook post.“Instead of getting something off their registry, something that’s replaceable, I just thought it’d be a fun, unique different gift that creates a lasting memory,” said Alex Page.32-year-old Miles Hoyle surprised the couple on their porch by playing a variety of songs on his accordion. The accordionist has been playing the squeezebox for 13 years.The performances are something he calls 'Accordion-at-your-Door' where Hoyle plays songs for special occasions and celebrations - one note and one doorstep at a time.“I enjoy it a lot,” Hoyle said. “I think it helps bring them a little joy too, at least I hope so.”Hoyle started playing outside of people’s homes before the pandemic but said business ramped up right after the stay-at-home order went into effect.“I’ve also played outside a few restaurants on their porches,” he said.Hoyle also plays the accordion in his two bands, The Fighting Jamesons and Mosquito Cabaret, but as the COVID-19 crisis put most live entertainment on pause, his solo performances picked up traction.“I think it’s a win-win for everybody,” Hoyle said.The final song Hoyle played for the couple was Elvis Presley’s “Can’t help falling in love.” The couple applauded after the 15-minute show ended. Derek Page said the surprise left them with lasting memories.“I could not have even expected this, not in a million years,” he said. “This was amazing. Life-long memory here.”To book Miles Hoyle for an Accordion-at-your-Door performance, click here.WTKR's Antoinette DelBel first reported this story. 1907