WW International, Inc. operates the Weight Watchers weight-management platform through digital, workshop and clinical subscription offerings. Company news commonly covers subscriber trends, subscription revenue, adjusted operating measures and the balance between its Behavioral business and its Clinical business.
Recurring updates also include expansion of the Med+ clinical offering, access to FDA-approved GLP-1 treatment options through affiliated medical groups, debt-reduction actions involving its term loan, and governance changes such as board appointments, committee assignments and interim executive-leadership structure.
WW International, Inc. (NASDAQ: WW) has been recognized as the #1 Best Diet for Weight Loss and Best Diet Program in the 2022 U.S. News & World Report rankings for the twelfth consecutive year. This achievement highlights WW's commitment to scientific expertise and effective weight management.
The company's recent launch of the PersonalPoints™ weight-loss program aims to enhance user experience with individualized plans and tools that promote sustainable weight loss.
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WW International, Inc. (Nasdaq: WW) will present at the BofA Securities 2021 Virtual Leveraged Finance Conference on December 2, 2021, at 10:30 a.m. ET. The presentation will be led by Chief Financial Officer Amy O’Keefe and accessible via live audio webcast on the company's corporate website. An archive will be available for 30 days post-event.
WW is a human-centric technology company focused on wellness, leveraging nearly six decades of expertise in nutritional and behavioral change science to inspire healthy habits globally.
WW International, Inc. (NASDAQ: WW) will host a virtual investor event on November 18, 2021, at 11:00 AM ET to present its new PersonalPoints™ Program. This program aims to offer the most personalized experience in the company's history, emphasizing scientifically-backed weight loss methods. The 30-minute presentation will cover the program's development, digital experience, and marketing plans, followed by a Q&A with management. Key executives, including CEO Mindy Grossman and COO Nick Hotchkin, will participate. The event will be accessible on the company's corporate website.
WW International announced the global launch of its innovative PersonalPoints Program on November 8, 2021. This program aims to provide a personalized weight management experience based on individual preferences and scientific research. It features an advanced food algorithm, allowing members to earn PersonalPoints through healthy behaviors. Clinical trials showed participants experienced clinically significant weight loss, increased fruit and vegetable consumption by 55.4% and 60.6%, respectively, and improved overall well-being. The app and workshops provide comprehensive support for sustainable healthy living.
WW International reported Q3 2021 results with revenues of $293.5 million, down 8.5% year-over-year. The company had 4.5 million subscribers, a decline of 4.3%. Gross margin stood at 61% and adjusted operating income was $88 million. Despite a decrease in member recruitment, WW plans to launch a new food program on November 8, aimed at boosting membership and financial performance in 2022. The company updated its full-year revenue guidance to slightly above $1.2 billion, forecasting GAAP EPS between $0.80 and $0.90.
WW International, Inc. (NASDAQ: WW) will announce its third quarter 2021 results after market close on November 4, 2021. A conference call will follow at 5:00 p.m. ET, featuring key executives Mindy Grossman, Nicholas Hotchkin, and Amy O’Keefe to discuss the results and answer investor questions. The call will be accessible via a live webcast on the corporate website, with supplemental materials provided prior to the event. The company emphasizes its commitment to promoting holistic wellness through its digital platform and expert coaching.
WW International (NASDAQ:WW) announced the release of THE SHIFT: 7 Powerful Mindset Changes for Lasting Weight Loss by Chief Scientific Officer Gary Foster, PhD on October 5, 2021. The book quickly became a bestseller on platforms like Barnes & Noble and Amazon, focusing on mental habits for weight loss rather than dietary restrictions. Dr. Foster emphasizes self-compassion and cognitive-behavioral techniques to foster healthier thinking patterns. Mindy Grossman, WW President and CEO, highlights the book's role in supporting members' wellness journeys through evidence-based mindset shifts.
WW International, Inc. (NASDAQ: WW) announced that President and CEO Mindy Grossman will step down after Q1 2022. Grossman has led the company since 2017, transforming it from Weight Watchers to a digital health and wellness platform. Under her leadership, WW has achieved record membership retention and has been recognized for its innovative programs. The Board of Directors will work on selecting her successor while maintaining focus on strategic priorities, including the upcoming launch of a new food program innovation.
WW International, Inc. announced that Gail Tifford has stepped down as Chief Brand Officer due to a family health issue. Tifford, who joined in 2018, successfully rebranded the company and achieved record membership and digital subscribers. Cindy Gustafson, previously Senior VP of Global Brand Marketing, has been promoted to Chief Marketing Officer. Mindy Grossman, President and CEO, expressed gratitude for Tifford's contributions and confidence in Gustafson's leadership. The transition aims to maintain the company's strategic direction in wellness and community engagement.