WeightWatchers 2002 Annual Report Download - page 6

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that season. The new North American version of the POINTS Weight-Loss
System will be introduced to our meetings in September.
We are also thrilled to be the founding sponsor of the American Cancer
Society’s Great American Weigh InSM
, which took place for the first time in
early 2003. This annual event is intended to raise awareness of the important
role that eating well, being active, and maintaining a healthy weight have on
reducing the risk of cancer. In fact, according to the American Cancer Society,
35% of cancer deaths in the United States are related to diet and physical
activity factors, including overweight and obesity, compared to 30% of cancer
deaths related to tobacco.
In conclusion, we believe that these societal trends combined with our
leadership position will support continued growth in attendance and product
sales throughout our operations. We have a strong financial position, diverse
revenue sources and the geographic diversity to give us multiple opportunities
to drive continuous growth.
I look forward to reporting another successful year in 2003, and would like
to personally thank our members for their belief in us, our staff for their
dedication and passion, and our shareholders for your continued support.
Kind regards,
Linda A. Huett
President and Chief Executive Officer
March 31, 2003
Exciting key events in
2003 include the launch
of new innovations
to our POINTS System
in both the United
Kingdom and North
America... and working
with the American
Cancer Society on
the Great American
Weigh In.