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WW International Inc (WW) delivers science-based weight management solutions through digital platforms, workshops, and clinical partnerships. This page aggregates all corporate announcements and verified news coverage for investors and industry observers.
Access primary-source press releases, earnings reports, and strategic updates to monitor WW’s market position. Our curated collection ensures timely access to operational developments, including product launches, leadership changes, and partnership announcements.
Key updates include quarterly financial results, clinical program expansions, technology enhancements, and wellness industry analysis. Each entry provides context to help stakeholders assess WW’s evolving role in digital health and behavioral science.
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WW International, Inc. (WW) reported Q3 2020 results revealing a 5% rise in total subscribers to 4.7 million, with digital subscribers soaring by 23% year-over-year. The company achieved revenues of $321 million, an 8% decline from the previous year, impacted by COVID-19 restrictions on its Studio business. Gross margin improved to 59.3%, and net income increased to $54.5 million. Adjusted operating income remained stable at $94.9 million. The company plans strategic cost reductions as part of its ongoing restructuring initiative. Cash balance stood at $204.4 million with no debt outstanding.
On October 16, 2020, WW International, Inc. (NASDAQ: WW) announced the launch of the Healthy Living Coalition on World Food Day. This initiative aims to combat food insecurity and improve nutrition for underserved communities by mobilizing corporate and organizational resources. The coalition seeks to engage 100 new partners within its first year to foster solutions focused on food accessibility and education. With 25.9% of the global population facing food insecurity, the coalition aims to align with the United Nations Sustainable Development Goals, particularly the goal of Zero Hunger.
WW International, Inc. (NASDAQ: WW) plans to release its third quarter 2020 results after market close on October 29, 2020. A conference call will be held at 5:00 p.m. ET the same day, featuring Mindy Grossman, Nicholas Hotchkin, and Amy O’Keefe discussing the results and answering investor questions. The live webcast will be hosted on the Company’s corporate website, along with supplemental materials for investors. A replay of the call will be available for 90 days.
WW International, Inc. (NASDAQ: WW) announced an expansion of its partnership with Zoom Video Communications, launching two new offerings: OnZoom and Zapps. Revealed at Zoomtopia from October 14-15, 2020, these platforms aim to enhance user wellness through behavior change strategies. WW will create an app for Zapps that sends reminders for health practices and provides wellness content. Additionally, OnZoom will host events such as 'WWeekend with WW' to promote healthy habits. This collaboration leverages WW’s expertise in wellness to address increasing sedentary lifestyles.
WW International, Inc. (NASDAQ: WW) has appointed Grammy Award-winning artist Ciara as its new global ambassador. Ciara will share her wellness journey as a mother of three, aiming to inspire others to adopt healthier lifestyles. Her partnership emphasizes the importance of self-care and balanced nutrition, especially during challenging times. The WW program, known for its scientifically backed approach to weight management, continues to rank as a leading choice for weight loss according to U.S. News & World Report. Ciara's involvement is expected to enhance WW's outreach and community engagement.
WW International (Nasdaq: WW), a global wellness company, announced its participation in two upcoming virtual investor conferences. The Citi U.S. Consumer & Retail Virtual Symposium is scheduled for September 23, 2020, at 4:15 PM ET, featuring presentations by CEO Mindy Grossman and CFO Nick Hotchkin. Additionally, the Jefferies Virtual Fitness & Wellness Summit will take place on September 24, 2020, at 1:05 PM ET, with Chief Digital Officer Michael Lysaght presenting. Live webcasts will be accessible on the company's corporate website.
WW International, Inc. (NASDAQ: WW) has announced the launch of its ready-to-drink coffee, now available online and in WW Studios. Initial offerings include Café Latte and Mocha Latte, each with only 3 SmartPoints per serving, significantly lower than the market average. Each can contains 11g of protein, fiber, and is sweetened with 100% cane sugar, made without artificial ingredients. This product aligns with rising consumer demand for convenient, healthier beverage options, reflecting WW's commitment to wellness.
WW International (Nasdaq: WW), a leading wellness company, has announced its participation in the KeyBanc Capital Markets' Future of Technology Series on September 8, 2020, at 11:20 a.m. ET. The presentation will be made by President and CEO Mindy Grossman and CFO Nick Hotchkin. Investors can access the live audio webcast on the Company’s website under the Investors section. An archive of the presentation will be available for 30 days after the event.
WW focuses on promoting healthy habits through effective weight management programs.
WW International (NASDAQ: WW) has partnered with Amazon for the launch of Amazon Halo, a health and wellness membership service. This collaboration aims to provide wellness insights through innovative technology and features like the Body measurement tool for assessing body composition at home. Amazon Halo will also offer 'Labs', challenges that encourage healthy habits. Both companies are committed to enhancing user access to wellness information. The partnership showcases WW's dedication to integrating behavioral science with technology to support healthier lifestyles.
WW International, Inc. (NASDAQ: WW) announces the appointment of Amy O'Keefe as Chief Financial Officer, starting October 1, 2020. She replaces Nicholas Hotchkin, who has been promoted to Chief Operating Officer. O'Keefe has over 25 years of financial experience and previously served as CFO at Drive DeVilbiss Healthcare. Hotchkin, with nearly 30 years in finance and operations, will oversee global strategy and WW Health Solutions. Both executives join the leadership team reporting to Mindy Grossman, the President and CEO.