Weight Watchers is getting crushed by keto

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New York (CNN Business)Oprah Winfrey notoriously declared “I enjoy bread!” in a Weight Watchers business 3 years earlier. Carbohydrates aren’t cutting it for the business any longer.

CEO Mindy Grossman associated the issue to the keto diet plan, a popular eating routines that makes bread and other carbohydrates taboo. She stated throughout a call with experts Tuesday that keto is “ending up being a cultural mean,” and she even called it a “keto rise.”
Wall Street is plainly worried, too.

        Grossman worried that WW is not going to alter its technique even if there is a brand-new diet strategy that’s popular.
        “Everybody on the diet plan side searches for the fast repair. We’ve been through this prior to and we understand that we are the program that works,” Grossman stated.

      Read more: https://www.cnn.com/2019/02/27/investing/weight-watchers-earnings-stock-ww-oprah-winfrey-keto/index.html

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