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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 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.
On August 24, 2021, WW International (NASDAQ: WW) revealed findings from a study showing that the impact of COVID-19 on members' weight loss journeys was temporary. Analyzing data from 1.5 million digital members, the study indicated that initial challenges in weight loss and food tracking occurred during the early weeks of the pandemic but returned to normal levels shortly after. The results highlight the efficacy of the WW digital program, which continues to support members through stressful life situations. The full study will appear in the September 2021 issue of Obesity.
WW International reported Q2 2021 revenues of $311 million, down 6.7% year-over-year. The end of period subscribers totaled 4.9 million, with 4.1 million being digital subscribers, a 5.6% increase. The adjusted gross margin improved to 61%, driven by a shift towards digital offerings. Net income fell to $8.9 million, with EPS dropping to $0.12 from $0.20. Guidance for FY 2021 expects revenues approaching $1.3 billion and GAAP EPS between $1.10 to $1.25, reflecting financial impacts from debt extinguishment and restructuring charges.
WW International, Inc. (NASDAQ: WW) will release its Q2 2021 results on August 10, 2021, after market close. A conference call will follow at 5:00 p.m. ET that day, featuring insights from CEO Mindy Grossman and other executives. The session will detail the company's financial performance and engage with the investment community. A live webcast will be accessible on the company's corporate website, with supplemental materials available prior. A replay of the call will be available for 90 days.
