Key Takeaways Shares of WW International, better known as WeightWatchers, soared Tuesday after it said it is offering copycat weight-loss drugs to its members. The compounded treatments will contain the same active ingredient as Novo Nordisk's weight-loss medicines. Shares of the company have slumped as the boom in weight-loss drugs has cut into demand for WeightWatchers' services. Shares of WW International (WW), better known as WeightWatchers, jumped nearly 25% Tuesday when the dieting services company an ...

WeightWatchers announced Friday that CEO Sima Sistani has stepped down from the job and is no longer on the company's board after 2½ years leading the weight loss company. Sistani has been replaced by independent board member Tara Comonte, who will serve as CEO on an interim basis. Comonte previously served as the president and CFO of Shake Shack. During her tenure, Sistani oversaw WeightWatchers' 2023 acquisition of telehealth platform Sequence, now known as WeightWatchers Clinic, expanding into obesity dr ...

Independent Board Member Tara Comonte Will Serve as Interim Chief Executive Officer Sima Sistani Will Step Down as CEO and Director NEW YORK, Sept. 27, 2024 (GLOBE NEWSWIRE) -- WW International, Inc. (NASDAQ: WW) ("WeightWatchers," "WW," or the "Company") announced today that WeightWatchers Board member Tara Comonte has been appointed Interim Chief Executive Officer. Ms. Comonte succeeds Sima Sistani, who departs from her role as Chief Executive Officer and as a member of the Board, effective today. During ...

Lya_Cattel In March 2023, when WW International, Inc. (NASDAQ:WW), formerly known as Weight Watchers International, announced the acquisition of the telehealth platform Sequence, I thought the strong positive market reaction to this new development failed to reflect the true economic picture facing the company. I rated WW stock a sell back then. Since then, WW International stock has lost almost 80% of its value, burning investors. I love investing in turnaround companies. With WW reporting Q2 earnings yest ...

WW International, Inc. (NASDAQ:WW) Q2 2024 Earnings Call August 1, 2024 8:30 AM ET Company Participants Corey Kinger - Vice President, Investor Relations Sima Sistani - Chief Executive Officer Heather Stark - Chief Financial Officer Conference Call Participants Jack Wallace - Guggenheim Securities Henry Carr - UBS Nathan Feather - Morgan Stanley Alex Fuhrman - Craig-Hallum Stephanie Davis - Barclays Karru Martinson - Jefferies Operator Welcome to the WW International’s Second Quarter 2024 Earnings Conferenc ...

WW International (WW) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of $0.03. This compares to loss of $0.04 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -533.33%. A quarter ago, it was expected that this weight-loss program operator would post a loss of $0.43 per share when it actually produced a loss of $0.06, delivering a surprise of 86.05%. Over the last four quarters, the compan ...

Exhibit 99.1 For more information, contact: Investors: Corey Kinger corey.kinger@ww.com Media: Kelsey Merkel kelsey.merkel@ww.com WW International, Inc. Announces Second Quarter 2024 Results • End of Period Subscribers of 3.8 million, including 81 thousand End of Period Clinical Subscribers • Revenues of $202.1 million • Gross margin of 67.9% • Operating Income of $35.9 million; excluding the net impact of restructuring charges related to prior year restructuring plans, adjusted operating income of $37.9 mi ...

End of Period Subscribers of 3.8 million, including 81 thousand End of Period Clinical Subscribers Revenues of $202.1 million Gross margin of 67.9% Operating Income of $35.9 million; excluding the net impact of restructuring charges related to prior year restructuring plans, adjusted operating income of $37.9 million Provides update to full year fiscal 2024 guidance Announces 2024 Restructuring Plan that is expected to result in $100 million of annual run-rate cost savings related to strategic streamlining ...

NEW YORK, July 18, 2024 (GLOBE NEWSWIRE) -- WW International, Inc. (NASDAQ: WW) ("WeightWatchers," "WW," or "the Company") will release its results for the second quarter 2024 before market open on Thursday, August 1, 2024. WeightWatchers will host a conference call at 8:30 a.m. ET the same day. During the conference call, Sima Sistani, Chief Executive Officer, and Heather Stark, Chief Financial Officer, will discuss the second quarter 2024 results and answer questions from the investment community. The liv ...

WW International, Inc. (NASDAQ:WW) Q1 2024 Earnings Conference Call May 2, 2024 5:00 PM ET Company Participants Corey Kinger - IR Sima Sistani - CEO Heather Stark - CFO Conference Call Participants Jack Wallace - Guggenheim Nathan Feather - Morgan Stanley Linda Bolton - D.A. Davidson Alex Fuhrman - Craig-Hallum Capital Group Stephanie Davis - Barclays Karru Martinson - Jefferies Jack Wallace - Guggenheim Nathan Feather - Morgan Stanley Operator Good day and welcome to the Weight Watchers International's Fir ...