Diamonds and Dogs

11/7/17

Weight Watchers (WTW) looks great. The weight-loss specialist is up 20% to new highs following better than expected earnings and raised guidance. The company easily beat estimates as revenue rose 15.3% year over year to $323.7 million. The company is excited about the upcoming winter season and the launch of our new program, which has received highly positive and enthusiastic feedback.

Avis Budget Group (CAR) getting hit following earnings. The company actually beat earnings estimates, but is down 17% due to lower sales while also lowering the higher end of its revenue forecast by $50 million for 2017. The hurricanes battering the southeast drove up costs Avis, but the company is optimistic things will improve going forward. I'm sure Uber is not helping.

Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.