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Jul 02, 2022
Weight Watchers Q2 2022 Earnings Report
WW International's Q2 2022 results were announced, revealing a decrease in revenues and subscribers, but adjusted operating margin expansion due to cost structure adjustments.
Key Takeaways
WW International reported Q2 2022 revenues of $269.5 million, a decrease of 13.5% compared to the prior year. The company's end-of-period subscribers totaled 4.3 million, down 12.3% year-over-year. Despite revenue pressures, adjusted operating income was $58.3 million, reflecting a 10.1% decrease year-over-year, with an adjusted operating margin expansion due to cost management.
Q2 2022 revenues reached $269.5 million, a 13.5% decrease compared to Q2 2021.
End of period subscribers totaled 4.3 million, reflecting a 12.3% decrease year-over-year.
Operating income was reported at $13.4 million, while adjusted operating income was $58.3 million, excluding certain charges.
The company revised its full-year 2022 revenue guidance to a range of $1.05 billion to $1.09 billion and GAAP EPS to $0.25 to $0.30.
Revenue by Segment
Forward Guidance
WW International updated its full year fiscal 2022 guidance. Revenues are expected to be in the range of $1.05 billion to $1.09 billion. GAAP EPS is expected to be in the range of $0.25 to $0.30 per fully diluted share.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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