Fresh Start Accounting

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WeightWatchers Announces Second Quarter 2025 Results
Globenewswire· 2025-08-11 11:00
In connection with emergence on 6/24/25, fiscal Q2 consists of a "Predecessor" period from 3/30/25 to 6/24/25, and a "Successor" period from 6/25/25 to 6/30/25 Combined End of Period Subscribers of 3.2 million; Combined End of Period Clinical Subscribers of 127 thousand Combined Revenues of $189 million, down 6% vs. prior year; Combined Clinical Revenues of $31 million, up 55% vs. prior year Predecessor Net Income of $1,191 million and Net Margin of 673% were impacted by Reorganization items; Successor Net ...
WeightWatchers Reschedules Second Quarter 2025 Earnings Release and Conference Call to Finalize Fresh Start Accounting Adoption in Connection with Emergence
Globenewswire· 2025-08-04 21:38
Core Viewpoint - WW International, Inc. (WeightWatchers) has rescheduled its earnings release and conference call for Q2 2025 to finalize its Fresh Start Accounting following its financial reorganization on June 24, 2025 [1][2]. Group 1: Earnings Release and Conference Call - The earnings release for the second quarter of 2025 will now occur before market open on August 11, 2025 [2]. - A conference call to discuss the results will take place on the same day at 8:30 a.m. ET, with a webcast available on the company's corporate website [2]. Group 2: Company Overview - WeightWatchers is a leader in science-backed weight management, offering a comprehensive support system that combines scientific expertise with human connection [3]. - The company has over 60 years of experience and is recognized as the most studied commercial weight management program globally [3]. - WeightWatchers provides a holistic, personalized approach that includes clinical interventions, medications when appropriate, and a global network of coaches and community support [3].