Trade Weight Watchers International, Inc. - WTW CFD

WW International Inc Company profile

About WW International Inc

WW International, Inc. is a global wellness company. The Company offers digital subscription products based on the WW approach to wellness and weight management. Its products provide interactive and personalized resources that allow users to follow its weight management program via its application and Web-based products. It operates through four geographical segments: North America, Continental Europe (CE), United Kingdom, and Other. The Company's digital business refers to providing subscriptions to its digital product offerings, including Digital 360, and Personal Coaching + Digital. Its Workshops + Digital business provides unlimited access to its workshops combined with its digital subscription product offerings to commitment plan subscribers. It also includes the provision of access to workshops for members who do not subscribe to commitment plans, including its pay-as-you-go members. Its digital offerings are also provided through workshops, and various events and experiences.

Financial summary

BRIEF: For the fiscal year ended 01 January 2022, WW International Inc revenues decreased 12% to $1.21B. Net income decreased 11% to $66.9M. Revenues reflect North America - reportable segment decrease of 14% to $814.8M, United Kingdom - reportable segment decrease of 22% to $65.8M, Continental Europe - reportable segment decrease of 5% to $297.9M, North America segment decrease of 14% to $814.8M, United Kingdom segment decrease of 22% to $65.8M.

Equity composition

Common Stock no Par, 01/11, 1B auth., 111,988,000 issd., less 38,618,000 shs in Treas. @ $1.79B. Insiders own 51.90%. IPO:11/15/01, 17,400,000 shares @ $24.00 per share by credit Suisse First Boston.