WeightWatchers 2003 Annual Report Download - page 6
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 |
 |
Our licensee, WeightWatchers.com,
has performed brilliantly. From a
standing start, it has grown to
become the leading online weight-
loss service provider with $77 million
in gross subscription revenues —
twice the revenue of its nearest
competitor.
In conclusion, we will continue to build our brand and
clinically proven weight-loss methods to attract and retain
members. We have a solid financial position, a growing mix
of revenue streams and the dedicated management and staff
to support the continued profitable growth of our business.
We believe in our business and are confident of our long-term
prospects. In 2004, we are confident that Weight Watchers
will continue to deliver on its track record of superior
performance. On behalf of Weight Watchers, I would like to
personally thank our members, employees, directors and share-
holders for your continued support in making our organization the
world’s premiere provider of weight-loss services.
Sincerely,
Linda Huett
President and Chief Executive Officer