WW International Files 10-Q, Details Financials
Ticker: WW · Form: 10-Q · Filed: 2024-08-01T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, restructuring
TL;DR
WW Intl 10-Q filed: financials look stable, restructuring charges noted.
AI Summary
WW International, Inc. filed its 10-Q for the period ending June 29, 2024. The filing details financial performance and operational updates. Key financial data and restructuring charges are presented, reflecting ongoing business activities and strategic adjustments.
Why It Matters
This 10-Q provides insight into WW International's financial health and strategic direction, which can impact investors and stakeholders.
Risk Assessment
Risk Level: medium — The filing contains details on restructuring charges and financial performance, which can indicate potential business challenges or strategic shifts.
Key Numbers
- $105319 — Central Index Key (Unique identifier for WW International, Inc.)
Key Players & Entities
- WW INTERNATIONAL, INC. (company) — Filer of the 10-Q
- 20240629 (date) — End of the reporting period
- 20240801 (date) — Filing date
- WEIGHT WATCHERS INTERNATIONAL INC (company) — Former company name
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is the quarter ended June 29, 2024.
When was this 10-Q filed with the SEC?
This 10-Q was filed on August 1, 2024.
What was the company's former name?
The company's former name was WEIGHT WATCHERS INTERNATIONAL INC.
What is the company's primary business address?
The company's business address is 675 AVENUE OF THE AMERICAS, 6TH FLOOR, NEW YORK, NY 10010.
What is the SIC code for WW International, Inc.?
The Standard Industrial Classification (SIC) code for WW International, Inc. is 7200, which falls under SERVICES-PERSONAL SERVICES.
From the Filing
0000950170-24-088946.txt : 20240801 0000950170-24-088946.hdr.sgml : 20240801 20240801071352 ACCESSION NUMBER: 0000950170-24-088946 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 84 CONFORMED PERIOD OF REPORT: 20240629 FILED AS OF DATE: 20240801 DATE AS OF CHANGE: 20240801 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-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-16769 FILM NUMBER: 241164247 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-Q 1 ww-20240629.htm 10-Q 10-Q --12-28 false 0000105319 Q2 http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2024#OtherAccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherAccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#AssetImpairmentCharges http://fasb.org/us-gaap/2024#AssetImpairmentCharges http://fasb.org/us-gaap/2024#AssetImpairmentCharges http://fasb.org/us-gaap/2024#AssetImpairmentCharges http://fasb.org/us-gaap/2024#PrepaidExpenseAndOtherAssetsCurrent http://fasb.org/us-gaap/2024#Assets 0000105319 ww:OtherCashRestructuringChargesMember ww:FiscalYearTwoThousandAndTwentyTwoPlanMember ww:CashRestructuringRelatedLiabilitiesRollForwardMember 2022-01-02 2022-12-31 0000105319 ww:OrganizationalRestructuringMember ww:FiscalYearTwoThousandAndTwentyThreePlanMember ww:EmployeeTerminationBenefitCostsMember ww:CashRestructuringRelatedLiabilitiesRollForwardMember 2024-06-29 0000105319 us-gaap:FranchiseRightsMember 2024-06-29 0000105319 ww:OneMonthTermSecuredOvernightFinancingRateSofrMember 2023-07-01 2023-07-01 0000105319 ww:OtherMember 2023-01-01 2023-07-01 0000105319 ww:TermLoanFacilityDueAprilThirteenTwoThousandTwentyEightMember 2024-06-29 0000105319 ww:FiscalYearTwoThousandAndTwentyTwoPlanMember ww:CashRestructuringRelatedLiabilitiesRollForwardMember 2022-01-02 2022-12-31 0000105319 us-gaap:RevolvingCreditFacilityMember ww:FederalFundsEffectiveRateMember 2023-12-31 2024-06-29 0000105319 us-gaap:RelatedPartyMember ww:MsWinfreyAndHerRelatedEntitiesMember 2024-06-29 0000105319 ww:WeekendHealthIncDBASequenceMember us-gaap:CommonStockMember 2023-04-10 0000105319 ww:LeaseTerminationCostsMember ww:FiscalYearTwoThousandAndTwentyThreePlanMember ww:RealEstateRestructuringMember ww:CashRestructuringRelatedLiabilitiesRollForwardMember 2023-12-30 0000105319 ww:LeaseTerminationCostsMember ww:FiscalYearTwoThousandAndTwentyTwoPlanMember ww:CashRestructuringRelatedLiabilitiesRollForwardMember 2022-01-02 2022-12-31 0000105319 ww:OtherCashRestructuringChargesMember ww:FiscalYearTwoThousandAndTwentyThreePlanMember 2023-12-31 2024-06-29 0000105319 us-gaap:TreasuryStockCommonMember 2023-12-31 2024-06-29 0000105319 ww:FiscalYearTwoThousandAndTwentyThreePlanMember ww:RealEstateRestructuringMember ww:EmployeeTerminationBenefitCostsMember 2022-01-02 2022-12-31 0000105319 us-gaap:FranchiseRightsMember country:US 2023-12-31 2024-03-30 0000105319 ww:FiscalYearTwoThousandAndTwentyTwoPlanMember ww:CumulativeAmountIncurredMember 2022-04-03 2024-06-29 0000105319 us-gaap:RetainedEarningsMember 2022-12-31 0000105319 ww:CreditFacilitiesAndSeniorSecuredNotesMember 2024-06-29 0000105319 us-gaap:CostOfSalesMember ww:FiscalYearTwoThousandAndTwentyThreePlanMember 2022-01-02 2022-12-31 0000105319 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-30 0000105319 ww:ThreeMonthTermSecuredOvernightFinancingRateSofrMember 2023-07-01 2023-07-01 0000105319 ww:SubscriptionMember 202