WW International Inc Stock Price, News & Analysis

WW International, Inc. (NASDAQ: WW) reported Q3 2022 results with revenues at $249.7 million, reflecting a 14.9% decline year-over-year. The company recorded an operating loss of $254.5 million, influenced by $312.7 million in non-cash intangible impairment charges. Q3 adjusted operating income was $61.9 million, down 30.0% year-over-year. The end of period subscribers decreased by 15.0% to 3.8 million. For FY 2022, revenue guidance has been revised to approximately $1.04 billion, and GAAP diluted net loss per share is expected between ($3.16) and ($3.21).

WW International, Inc. (NASDAQ: WW) will announce its third-quarter 2022 results on November 3, 2022, after market close. A conference call will follow at 5:00 p.m. ET, featuring CEO Sima Sistani and CFO Amy O’Keefe discussing the results and answering investor questions. The call can be accessed via the company's website, with supplemental materials available beforehand. The company emphasizes its commitment to supporting members in achieving healthy habits through its weight management program, leveraging nearly six decades of experience.

WW International reported Q2 2022 revenues of $269.5 million, down 13.5% year-over-year. The company had 4.3 million end-of-period subscribers, a 12.3% decline compared to the previous year. Operating income fell to $13.4 million, a 77.6% drop from Q2 2021. The company recorded non-cash impairment charges of $26.4 million and revised its full-year guidance to revenues between $1.05 billion and $1.09 billion. Despite these challenges, adjusted operating income was $58.3 million, reflecting cost management efforts.

WW International (NASDAQ: WW) will announce its Q2 2022 results on August 4, 2022, after market close. A conference call, featuring CEO Sima Sistani and CFO Amy O’Keefe, is scheduled for 5:00 p.m. ET to discuss the results and address investor questions. Interested parties can access a live webcast on the company's corporate website, where supplemental materials will also be available. The event will be archived for 90 days. WW has focused on providing a science-based weight management program backed by technology and community support.

WW International, Inc. (NASDAQ: WW) announced positive results from a clinical trial presented at the ADA 82nd Scientific Sessions. The trial evaluated its diabetes-specific program for weight management, involving 136 participants with Type 2 diabetes. Key findings include a reduction in HbA1c levels by 0.76, an average weight loss of 5.7%, and decreased diabetes distress by 9.8%. These improvements exceed FDA standards, indicating the program's effectiveness in promoting health among those living with diabetes. The study highlights the relevance of weight management in managing diabetes.

WW International reported Q1 2022 results with revenues of $297.8 million, a 10.3% decline from Q1 2021. The company experienced an 8.3% decrease in subscribers, totaling 4.5 million. Despite revenue declines, Q1 operating income rose to $9.0 million, significantly up from $2.8 million in the previous year, aided by cost management and reduced marketing expenses. The 2022 restructuring plan is projected to save nearly $30 million annually. FY 2022 guidance anticipates revenues of $1.09 billion to $1.14 billion and GAAP EPS between $0.72 and $0.78.

WW International, Inc. (NASDAQ: WW) will announce its first-quarter 2022 financial results on May 5, 2022, after market hours. A conference call will follow at 5:00 p.m. ET, featuring CEO Sima Sistani and CFO Amy O’Keefe discussing the results and answering investor questions. The call will be available via live webcast on WW's corporate website, with a replay accessible for 90 days. The company emphasizes its human-centric wellness approach driven by its weight management program, aiming for holistic wellness across diverse communities.

WW International reported its Q4 and FY 2021 results, highlighting revenues of $276 million in Q4 and $1.2 billion for the year, both down from prior periods. Subscription revenues decreased by 13.5% in Q4 and 10.4% for the year. Gross margin stood at 61.2% for Q4 and improved to 61.2% for FY 2021, despite a drop in operating income to $196 million. Looking ahead, Q1 2022 is expected to generate approximately $300 million in revenues but forecasted a net loss per share of $0.26 to $0.31. Sima Sistani will take over as CEO on March 21, 2022.

On February 25, 2022, WW International, Inc. (NASDAQ: WW) announced the employment inducement equity award for its new CEO, Sima Sistani, starting March 21, 2022. The award includes 1 million nonqualified stock options, split between two exercise prices: $30.00 and $50.00, vesting annually over four years. This inducement aligns with Nasdaq Listing Rule 5635(c)(4) and aims to support Sistani's decision to join the company.