Weight Watchers Shares Are Crashing

Weight Watchers International is down 26%, putting the stock at $US22.50 early in the trading session.

Weight Watchers posted Q4 earnings of $US0.58 per share after the bell on Thursday. This missed expectations for $US0.61 per share.

The company said its sees full-year earning per share of $US1.30-$1.60, lower than estimates for $US2.73 per share.

“While we are confident that we are on the right track to execute a successful transformation, 2014 will be a very challenging year as reflected in our 2014 EPS guidance of $US1.30 to $US1.60,” Jim Chambers president and CEO of Weight Watchers International said in a press release.

The company is working to reorganize its business.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.