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Dec 28, 2024
Weight Watchers Q4 2024 Earnings Report
WeightWatchers reported a decrease in revenues and subscribers for Q4 2024, but saw significant growth in its Clinical business and improved profitability metrics.
Key Takeaways
WeightWatchers reported a decrease in total revenues and subscribers for the fourth quarter of fiscal year 2024 compared to the prior year. However, the company achieved significant growth in its Clinical business, with Clinical Subscription Revenues increasing by 57.9% and Clinical Paid Weeks by 53.3%. Profitability metrics such as Gross Margin, Operating Income, and Net Income showed substantial year-over-year improvements, driven by cost management initiatives.
Total revenues for Q4 2024 were $184.4 million, a 10.5% decrease from the prior year period.
The company reported a net income of $25.1 million for Q4 2024, a significant improvement from a net loss of $88.1 million in the prior year period.
End of Period Subscribers decreased by 12.2% to 3.3 million, primarily due to declines in Digital and Workshops + Digital businesses.
Clinical Subscription Revenues grew by 57.9% to $20.5 million, reflecting strong momentum in the Clinical business.
Revenue by Segment
Forward Guidance
The company is not providing full year fiscal 2025 guidance at this time.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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