Weight Watchers Is Get Crushed By Keto
New York( CNN Business) Oprah Winfrey famously extol “I love bread! ” in a Weight Watchers commercial three years ago. But carbs aren’t cutting it for the company anymore.
CEO Mindy Grossman attributed the problem to the keto diet, a popular eating regimen that induces bread and other carbs taboo. She said during a bellow with analysts Tuesday that keto is “becoming a cultural mean, ” and she even called it a “keto surge.”
Wall Street is clearly nervous, too.