secwatch.observer — SEC 8-K summary
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Issuer:     WW INTERNATIONAL, INC. (WW)
CIK:        0000105319
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0001193125-24-190580
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 2.05, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WeightWatchers Q2 revenue down 10.9% to $202.1M, announces $100M restructuring plan, CTO departs
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- Revenues $202.1M (down 10.9% YoY); net income $23.3M (down 54.2%); EPS $0.29 (down 54.9%).
- End of period subscribers 3.8M (down 6.1%); Clinical subscribers 81k (up 119.8% YoY).
- Restructuring plan targeting $100M annual run-rate cost savings; expects $12-15M charges in H2 2024.
- CTO Pierre-Olivier Latour to depart Aug 9, 2024; severance up to ~$427k plus salary continuation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/105319/000119312524190580/0001193125-24-190580-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/105319/000119312524190580/d792737d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-190580

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer