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Apr 03, 2021
Weight Watchers Q1 2021 Earnings Report
WW announced first quarter 2021 results, showing strong digital subscriber growth and overall subscriber count of 5.0 million.
Key Takeaways
WW International, Inc. reported a decrease in revenue but an increase in digital subscribers for Q1 2021. The company ended the quarter with 5.0 million subscribers, including a record 4.2 million digital subscribers. Revenue was $332 million, and the gross margin was 58%.
Q1 2021 End of Period Subscribers of 5.0 million.
Q1 2021 End of Period Digital Subscribers up 16% year-over-year to an all-time high of 4.2 million.
Q1 2021 Revenues of $332 million.
Q1 2021 Gross Margin of 58%; excluding one-time charges, Q1 2021 adjusted gross margin increased over 700 basis points year-over-year to 60%.
Revenue by Segment
Forward Guidance
No forward guidance provided in this report.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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