WW International Files 2023 Annual Report

Ticker: WW · Form: 10-K · Filed: 2024-02-28T00:00:00.000Z

Sentiment: neutral

Topics: annual-report, regulatory-filing, financial-disclosure

TL;DR

**WW International just dropped its 2023 annual report, standard stuff.**

AI Summary

WW INTERNATIONAL, INC. filed its 10-K annual report on February 28, 2024, for the fiscal period ending December 30, 2023. The filing, identified by CIK 0000105319, provides a comprehensive overview of the company's annual performance and financial condition. The company, formerly known as WEIGHT WATCHERS INTERNATIONAL INC, changed its name on November 23, 1999.

Why It Matters

This 10-K provides a comprehensive overview of WW INTERNATIONAL, INC.'s financial health and operational performance for the past fiscal year, crucial for investors and stakeholders to assess its stability and future prospects.

Risk Assessment

Risk Level: medium — As a standard annual report, it contains disclosures of various business risks inherent to the company's operations and industry.

Key Players & Entities

FAQ

What company filed this 10-K?

WW INTERNATIONAL, INC. filed this 10-K.

What was the CONFORMED PERIOD OF REPORT for this filing?

The CONFORMED PERIOD OF REPORT was 20231230.

When was this 10-K filed?

This 10-K was FILED AS OF DATE 20240228.

What was the former name of WW INTERNATIONAL, INC. and when did the name change occur?

The former name was WEIGHT WATCHERS INTERNATIONAL INC, and the name change occurred on 19991123.

What is the Central Index Key (CIK) for WW INTERNATIONAL, INC.?

The Central Index Key (CIK) for WW INTERNATIONAL, INC. is 0000105319.

From the Filing

0000950170-24-022144.txt : 20240228 0000950170-24-022144.hdr.sgml : 20240228 20240228162941 ACCESSION NUMBER: 0000950170-24-022144 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 137 CONFORMED PERIOD OF REPORT: 20231230 FILED AS OF DATE: 20240228 DATE AS OF CHANGE: 20240228 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WW INTERNATIONAL, INC. CENTRAL INDEX KEY: 0000105319 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PERSONAL SERVICES [7200] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 116040273 STATE OF INCORPORATION: VA FISCAL YEAR END: 1228 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-16769 FILM NUMBER: 24695926 BUSINESS ADDRESS: STREET 1: 675 AVENUE OF THE AMERICAS STREET 2: 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10010 BUSINESS PHONE: 2125892700 MAIL ADDRESS: STREET 1: 675 AVENUE OF THE AMERICAS STREET 2: 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10010 FORMER COMPANY: FORMER CONFORMED NAME: WEIGHT WATCHERS INTERNATIONAL INC DATE OF NAME CHANGE: 19991123 10-K 1 ww-20231230.htm 10-K 10-K 0000105319 FY 0 false 0 http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2023#OtherAccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherAccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#AssetImpairmentCharges http://fasb.org/us-gaap/2023#AssetImpairmentCharges http://fasb.org/us-gaap/2023#AssetImpairmentCharges http://fasb.org/us-gaap/2023#AssetImpairmentCharges http://fasb.org/us-gaap/2023#AssetImpairmentCharges http://fasb.org/us-gaap/2023#AssetImpairmentCharges http://fasb.org/us-gaap/2023#AssetImpairmentCharges http://fasb.org/us-gaap/2023#AssetImpairmentCharges http://fasb.org/us-gaap/2023#AssetImpairmentCharges http://fasb.org/us-gaap/2023#AssetImpairmentCharges http://fasb.org/us-gaap/2023#AssetImpairmentCharges http://fasb.org/us-gaap/2023#AssetImpairmentCharges http://fasb.org/us-gaap/2023#AssetImpairmentCharges 3 3 3 P7Y P7Y P7Y P2Y P2Y P2Y no no http://fasb.org/us-gaap/2023#PrepaidExpenseAndOtherAssetsCurrent http://fasb.org/us-gaap/2023#PrepaidExpenseAndOtherAssetsCurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#Assets http://fasb.org/us-gaap/2023#Assets 0000105319 srt:MaximumMember us-gaap:EmployeeStockOptionMember 2023-01-01 2023-12-30 0000105319 ww:EmployeesAndThirdPartiesExcludingDirectorsMember us-gaap:SellingGeneralAndAdministrativeExpensesMember 2022-01-02 2022-12-31 0000105319 ww:CheckweightLimitedMember 2023-02-17 2023-02-17 0000105319 us-gaap:InventoryValuationReserveMember 2022-01-01 0000105319 ww:FiscalYearTwoThousandAndTwentyThreePlanMember 2022-01-02 2022-12-31 0000105319 srt:MaximumMember us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember ww:TermLoanFacilityDueAprilThirteenTwoThousandTwentyEightMember 2023-01-01 2023-12-30 0000105319 us-gaap:RevolvingCreditFacilityMember 2022-12-31 0000105319 us-gaap:AociIncludingPortionAttributableToNoncontrollingInterestMember 2022-12-31 0000105319 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember 2022-12-31 0000105319 2024-02-01 0000105319 us-gaap:AllowanceForCreditLossMember 2022-01-02 2022-12-31 0000105319 ww:ClinicalSubscriptionRevenuesMember 2023-01-01 2023-12-30 0000105319 us-gaap:InterestRateSwapMember us-gaap:FairValueMeasurementsRecurringMember 2022-12-31 0000105319 us-gaap:RevolvingCreditFacilityMember us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember 2023-12-30 0000105319 ww:KurboIncMember 2022-04-03 2022-07-02 0000105319 ww:WeekendHealthIncDBASequenceMember 2023-01-01 2023-12-30 0000105319 ww:WeekendHealthIncDBASequenceMember 2023-04-10 0000105319 srt:MaximumMember us-gaap:EmployeeStockOptionMember 2021-01-03 2022-01-01 0000105319 ww:TermLoanFacilityMember ww:SeniorSecuredTrancheBTermLoanMember 2021-12-01 2021-12-31 0000105319 ww:InternationalSegmentMember 2021-01-03 2022-01-01 0000105319 ww

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