WW International, Inc. Files 10-Q/A Amendment

TL;DR

<b>WW International, Inc. has filed an amendment to its quarterly report for the period ending March 30, 2024.</b>

AI Summary

WW INTERNATIONAL, INC. (WW) filed a Amended Quarterly Report (10-Q/A) with the SEC on May 10, 2024. WW International, Inc. filed a 10-Q/A (Amendment No. 1) on May 10, 2024. The filing pertains to the quarterly period ended March 30, 2024. The company is registered in Virginia and its principal executive offices are in New York, NY. WW International, Inc. is listed on The Nasdaq Stock Market LLC under the trading symbol WW. The company has submitted all required reports for the preceding 12 months and has been subject to filing requirements for the past 90 days.

Why It Matters

For investors and stakeholders tracking WW INTERNATIONAL, INC., this filing contains several important signals. This amendment indicates a potential update or correction to previously filed financial information, requiring investor attention to the revised details. As an accelerated filer, the company's timely and accurate reporting is crucial for maintaining investor confidence and regulatory compliance.

Risk Assessment

Risk Level: medium — WW INTERNATIONAL, INC. shows moderate risk based on this filing. The company is an accelerated filer, indicating a certain level of financial reporting complexity and scrutiny, but the filing itself is an amendment, suggesting potential for revised information that could impact valuation.

Analyst Insight

Investors should review the specific changes within the 10-Q/A filing to understand any impact on WW International, Inc.'s financial position or operational outlook.

Key Numbers

• 001-16769 — Commission File Number (SEC Filing)
• 2024-03-30 — Quarterly Period End Date (SEC Filing)
• 2024-05-10 — Filing Date (SEC Filing)

Key Players & Entities

• WW INTERNATIONAL, INC. (company) — Registrant name
• 001-16769 (regulator) — Commission File Number
• March 30, 2024 (date) — Quarterly period ended
• May 10, 2024 (date) — Filing date
• WW (company) — Trading Symbol
• The Nasdaq Stock Market LLC (company) — Exchange
• Virginia (jurisdiction) — State of incorporation
• New York (location) — Principal executive offices

FAQ

Industry Context

WW International, Inc. operates in the personal services sector, focusing on health and wellness programs.

Regulatory Implications

The company is subject to the reporting requirements of the Securities Exchange Act of 1934, including quarterly and annual filings.

What Investors Should Do

1. Review the full 10-Q/A filing for specific details on any amendments made.
2. Monitor future filings for updated financial performance and strategic changes.
3. Assess the impact of any disclosed information on WW International's stock performance.

Year-Over-Year Comparison

This is an amendment (10-Q/A) to a previous filing, indicating that updated or corrected information has been submitted for the period ended March 30, 2024.

Key Financial Figures

• $122.9 million — March 30, 2024 balance sheet date were $122.9 million and $2.6 million, respectively. 4 I
• $2.6 m — ance sheet date were $122.9 million and $2.6 million, respectively. 4 In our hypot
• $152.5 million — March 30, 2024 balance sheet date were $152.5 million and $89.7 million, respectively. In p
• $89.7 m — ance sheet date were $152.5 million and $89.7 million, respectively. In performing th

Filing Documents

• ww-20240330.htm (10-Q/A) — 682KB
• ww-ex31_1.htm (EX-31.1) — 10KB
• ww-ex31_2.htm (EX-31.2) — 10KB
• 0000950170-24-057290.txt (&nbsp;) — 2403KB
• ww-20240330.xsd (EX-101.SCH) — 1086KB
• ww-20240330_htm.xml (XML) — 8KB

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS WW International, Inc. is a Virginia corporation with its principal executive offices in New York, New York. In this Quarterly Report on Form 10-Q unless the context indicates otherwise, "we," "us," "our," the "Company," "Weight Watchers" and "WW" refer to WW International, Inc. and all of its operations consolidated for purposes of its financial statements. Effective the first day of fiscal 2024 (i.e., December 31, 2023), as a result of the continued evolution of our centralized organizational structure in fiscal 2023, and management's 2024 strategic planning process, our reportable segments changed to one segment for the purpose of making operational and resource decisions and assessing financial performance. Our "Digital" business refers to providing subscriptions to our digital product offerings. Our "Workshops + Digital" business refers to providing subscriptions for unlimited access to our workshops combined with our digital subscription product offerings. Our "Clinical" business refers to providing subscriptions to our clinical product offerings provided by WeightWatchers Clinic (formerly referred to as Sequence). Our fiscal year ends on the Saturday closest to December 31st and consists of either 52- or 53-week periods. In this Quarterly Report on Form 10-Q: "fiscal 2020" refers to our fiscal year ended January 2, 2021 (included a 53 rd week); "fiscal 2021" refers to our fiscal year ended January 1, 2022; "fiscal 2022" refers to our fiscal year ended December 31, 2022; "fiscal 2023" refers to our fiscal year ended December 30, 2023; "fiscal 2024" refers to our fiscal year ended December 28, 2024; "fiscal 2025" refers to our fiscal year ended January 3, 2026 (includes a 53 rd week); "fiscal 2026" refers to our fiscal year ended January 2, 2027; "fiscal 2027" refers to our fiscal year ended January 1, 2028; "fiscal 2028" refers to our fiscal year

View Full Filing

View this 10-Q/A filing on SEC EDGAR