date:Oct 10, 2013
own without spending on diet programs.
In an August earnings call, Nestle Chief Financial Officer Wan Ling Martello said, We do not disclose profit by businesses, but I will tell you that the Jenny Craig business - this year as well as last year - was very much below our expectations and below what they have been able to do in the last few years.
The brand was founded in 1983 in Australia by Jenny Craig and her husband Sid. Besides Weight Watchers, it competes with Nutrisystem Inc., Medifast