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NEW YORK - Weight Watchers International Inc. said Tuesday its third-quarter earnings rose 7 percent on higher sales of its weight-loss products and services.
The company earned $52.7 million, or 67 cents per share, compared with $49.5 million, or 62 cents per share, in the year-ago quarter. Adjusted to exclude one-time costs, the company earned 70 cents per share in the period.
Revenue rose 5 percent to $352.6 million, from $337.5 million a year earlier.
Analysts were expecting a profit of 67 cents per share on revenue of $356.3 million, according to a poll by Thomson Reuters. Analysts typically exclude one-time items from their estimates.
The company also narrowed its outlook for the full-year.
Shares jumped $1.88, or 6.2 percent, to $32, in after-hours trading. The stock finished the regular session down $1.84, or 5.8 percent, to $30.12.
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