Weight Watchers International's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Weight Watchers International, Inc. (WTW)

Q2 2012 Earnings Call

August 1, 2012 5:00 p.m. ET

Executives

Lori Scherwin – Vice President, Investor Relations

David P. Kirchhoff – President and Chief Executive Officer

Analysts

Christopher Ferrara – Bank of America Merrill Lynch

Jerry Herman - Stifel Nicolaus

Brian Joseph Wang – Barclays Capital Inc.

Peter Wahlstrom - Morningstar Investments

Greg Badishkanian – Citigroup

Johan Faucher - J.P. Morgan

Presentation

Operator

Ladies and gentlemen, welcome to Weight Watchers International's Second Quarter 2012 Earnings Teleconference Call. (Operator instructions) As a reminder, this conference call is being recorded today, Wednesday, August 1, 2012.

At this time, I would like to turn the call over to Ms. Lori Scherwin of Weight Watchers International. Please go ahead.

Lori Scherwin

Thank you, operator, and thank you to everyone for joining us today for Weight Watchers International second quarter 2012 conference call. With us on the call is David Kirchhoff, President and CEO. At about 4:30 Eastern Time today the company issued a press release reporting its financial results for the second quarter of fiscal '12.

The purpose of this call is to provide investors with some further details regarding the company's financial result as well as to provide a general update on the company's progress. The press release is available on the company's corporate website located at www.weightwatchersinternational.com.

Reconciliations of non-GAAP measures disclosed on this conference call to the most directly comparable GAAP financial measures are also available as part of the press release.

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