• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    WW International Inc. filed SEC Form 8-K: Other Events, Creation of a Direct Financial Obligation

    2/3/25 4:15:12 PM ET
    $WW
    Other Consumer Services
    Consumer Discretionary
    Get the next $WW alert in real time by email
    8-K
    false 0000105319 0000105319 2025-01-31 2025-01-31

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

     

    FORM 8-K

     

     

    CURRENT REPORT

    PURSUANT TO SECTION 13 OR 15(d)

    OF THE SECURITIES EXCHANGE ACT OF 1934

    Date of report (Date of earliest event reported): January 31, 2025

     

     

    WW INTERNATIONAL, INC.

    (Exact name of registrant as specified in its charter)

     

     

     

    Virginia   001-16769   11-6040273

    (State or other jurisdiction

    of incorporation)

     

    (Commission

    File Number)

     

    (IRS Employer

    Identification No.)

     

    675 Avenue of the Americas, 6th Floor, New York, New York   10010
    (Address of principal executive offices)   (Zip Code)

    Registrant’s telephone number, including area code: (212) 589-2700

    Not Applicable

    (Former name or former address, if changed since last report.)

     

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

     

      ☐

    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     

      ☐

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     

      ☐

    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     

      ☐

    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class

     

    Trading

    Symbol(s)

     

    Name of each exchange

    on which registered

    Common Stock, no par value   WW   The Nasdaq Stock Market LLC

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

    Emerging growth company ☐

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     

     

     


    Item 2.03.

    Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

    The information set forth below in Item 8.01 is hereby incorporated by reference into this Item 2.03.

     

    Item 8.01.

    Other Events.

    On January 31, 2025, WW International, Inc. (the “Company” or “we”) borrowed approximately $121.3 million under the senior secured revolving credit facility (the “Revolving Credit Facility”) pursuant to our credit agreement, dated April 13, 2021, as amended from time to time, among the Company, as borrower, the lenders party thereto, and Bank of America, N.A., as administrative agent and an issuing bank, which represents all of the remaining available amount under the Revolving Credit Facility.

    As of January 31, 2025, following the funding of this borrowing, the aggregate principal amount of borrowings under the Revolving Credit Facility was $175.0 million, including approximately $3.7 million of undrawn letters of credit under the Revolving Credit Facility. The borrowings under the Revolving Credit Facility were incurred to provide financial flexibility and not to address near term liquidity requirements.

    The material terms of the Revolving Credit Facility are described in “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations—Liquidity and Capital Resources—Credit Facilities” of our Annual Report on Form 10-K for the fiscal year ended December 30, 2023, filed with the Securities and Exchange Commission (“SEC”) on February 28, 2024 and incorporated herein by reference.

    We continue to actively evaluate our capital structure and intend to explore transactions to strengthen our balance sheet and increase our financial flexibility. We look forward to engaging with our lenders and bondholders in the coming months.

    Forward-Looking Statements

    This Current Report on Form 8-K includes “forward-looking statements,” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, in particular, any statements about our plans, strategies, objectives, initiatives, roadmap and prospects. We generally use the words “may,” “will,” “could,” “expect,” “anticipate,” “believe,” “estimate,” “plan,” “intend,” “aim” and similar expressions in this Current Report on Form 8-K to identify forward-looking statements. We have based these forward-looking statements on our current views with respect to future events and financial performance. Actual results could differ materially from those projected in the forward-looking statements. These forward-looking statements are subject to risks, uncertainties and assumptions, including, among other things, the risks and uncertainties identified under “Risk Factors” in Part I, Item 1A of the Company’s Annual Report on Form 10-K for the fiscal year ended December 30, 2023, as updated in the Company’s subsequent reports filed with the SEC. You should not put undue reliance on any forward-looking statements. You should understand that many important factors, including those identified herein, could cause our results to differ materially from those expressed or suggested in any forward-looking statement. Except as required by law, we do not undertake any obligation to update or revise these forward-looking statements to reflect new information or events or circumstances that occur after the date of the filing of this Current Report on Form 8-K or to reflect the occurrence of unanticipated events or otherwise.

     

    1


    SIGNATURE

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

    DATED: February 3, 2025   WW INTERNATIONAL, INC.
      By:  

    /s/ Jacqueline Cooke

      Name:   Jacqueline Cooke
      Title:   Chief Legal and Regulatory Officer and Secretary
    Get the next $WW alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $WW

    DatePrice TargetRatingAnalyst
    7/26/2024$6.50 → $1.25Overweight → Equal-Weight
    Morgan Stanley
    1/3/2024$8.00Underweight
    Barclays
    12/20/2023$14.00Buy
    Guggenheim
    9/27/2023$4.00 → $10.00Sell → Hold
    Craig Hallum
    7/26/2023$5.00 → $13.00Equal-Weight → Overweight
    Morgan Stanley
    4/11/2023$3.80 → $13.00Neutral → Buy
    Goldman
    3/8/2023$4.00Hold → Sell
    Craig Hallum
    3/3/2022$30.00 → $20.00Buy
    DA Davidson
    More analyst ratings

    $WW
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • CheqUp and WeightWatchers Announce Strategic Partnership to Support Growing Use of GLP-1 Medications in the UK

      CHIPPENHAM, England, May 22, 2025 (GLOBE NEWSWIRE) -- CheqUp, one of the UK's leading providers of GLP-1 based weight loss services, and WeightWatchers, the global leader in science-backed weight management, have announced a partnership that will combine the offerings of both organizations to benefit patients seeking sustainable weight loss through GLP-1 medication and behavioural support. This partnership delivers a seamless solution that combines: CheqUp's human-centric approach to supporting prescribed weight loss medication with dedicated clinical support and live, one-to-one health coaching, andWeightWatchers' industry-leading, science-backed GLP-1 Companion Programme, which provide

      5/22/25 2:00:00 AM ET
      $WW
      Other Consumer Services
      Consumer Discretionary
    • WeightWatchers Takes Strategic Action to Eliminate $1.15 Billion of Debt, Strengthening Financial Position for Long-Term Growth and Profitability

      Operations continue with no impact to its more than three million members worldwide Positions the Company to execute its transformation strategy, focused on enhancing its digital and member experience and expanding its telehealth business which achieved 57% year-over-year revenue growth in Q1 2025 Enters comprehensive agreement with lenders and noteholders to significantly reduce its debt obligations and bolster financial flexibility Expects reorganization plan to be confirmed in approximately 40 days and to emerge as a publicly traded company NEW YORK, May 06, 2025 (GLOBE NEWSWIRE) -- WW International, Inc., the global leader in science-backed weight management, and

      5/6/25 5:28:20 PM ET
      $WW
      Other Consumer Services
      Consumer Discretionary
    • WW International, Inc. Schedules Investor Conference Call

      NEW YORK, May 06, 2025 (GLOBE NEWSWIRE) -- WW International, Inc. (NASDAQ:WW) ("WeightWatchers" or the "Company"), the global leader in science-backed weight management, announced that it will host an investor conference call today May 6, 2025, at 6:00 p.m. ET. During the call, Tara Comonte, President and Chief Executive Officer, and Felicia DellaFortuna, Chief Financial Officer, will discuss an agreement with the Company's lenders and noteholders that will significantly reduce debt obligations that is currently expected to result in a voluntary prepackaged filing under Chapter 11 of the U.S. Bankruptcy Code. The webcast of the conference call will be available on the Company's corporate w

      5/6/25 4:32:00 PM ET
      $WW
      Other Consumer Services
      Consumer Discretionary

    $WW
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Corp Controller Prin Acct Off Haag Nicole converted options into 9,599 shares and covered exercise/tax liability with 3,462 shares, increasing direct ownership by 105% to 11,994 units (SEC Form 4)

      4 - WW INTERNATIONAL, INC. (0000105319) (Issuer)

      5/19/25 4:01:09 PM ET
      $WW
      Other Consumer Services
      Consumer Discretionary
    • Chief Legal Admin. Off. & Sec. Cooke Jacqueline converted options into 9,128 shares and covered exercise/tax liability with 4,530 shares (SEC Form 4)

      4 - WW INTERNATIONAL, INC. (0000105319) (Issuer)

      5/19/25 4:01:07 PM ET
      $WW
      Other Consumer Services
      Consumer Discretionary
    • SEC Form 4 filed by Chief Marketing Officer Amsel Michael

      4 - WW INTERNATIONAL, INC. (0000105319) (Issuer)

      4/18/25 4:01:18 PM ET
      $WW
      Other Consumer Services
      Consumer Discretionary

    $WW
    SEC Filings

    See more

    $WW
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more

    $WW
    Leadership Updates

    Live Leadership Updates

    See more

    $WW
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more

    $WW
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more

    $WW
    Financials

    Live finance-specific insights

    See more
    • SEC Form 8-K filed by WW International Inc.

      8-K - WW INTERNATIONAL, INC. (0000105319) (Filer)

      5/9/25 5:03:32 PM ET
      $WW
      Other Consumer Services
      Consumer Discretionary
    • WW International Inc. filed SEC Form 8-K: Bankruptcy or Receivership, Entry into a Material Definitive Agreement, Regulation FD Disclosure

      8-K - WW INTERNATIONAL, INC. (0000105319) (Filer)

      5/7/25 6:10:02 AM ET
      $WW
      Other Consumer Services
      Consumer Discretionary
    • SEC Form 10-Q filed by WW International Inc.

      10-Q - WW INTERNATIONAL, INC. (0000105319) (Filer)

      5/6/25 4:13:21 PM ET
      $WW
      Other Consumer Services
      Consumer Discretionary
    • Director Kelly Denis F bought $49,897 worth of shares (64,500 units at $0.77), increasing direct ownership by 80% to 145,421 units (SEC Form 4)

      4 - WW INTERNATIONAL, INC. (0000105319) (Issuer)

      8/8/24 4:13:04 PM ET
      $WW
      Other Consumer Services
      Consumer Discretionary
    • Chief Executive Officer Sistani Sima bought $48,555 worth of shares (65,000 units at $0.75), increasing direct ownership by 32% to 267,410 units (SEC Form 4)

      4 - WW INTERNATIONAL, INC. (0000105319) (Issuer)

      8/8/24 4:06:22 PM ET
      $WW
      Other Consumer Services
      Consumer Discretionary
    • WW International, Inc. Announces CFO Transition

      NEW YORK, Nov. 27, 2024 (GLOBE NEWSWIRE) -- WW International, Inc. (NASDAQ:WW) ("WeightWatchers," "WW," or the "Company") today announced the appointment of Felicia DellaFortuna as Chief Financial Officer, effective January 1, 2025. She succeeds Heather Stark, who will remain with the Company through December 27, 2024. "We are thrilled to welcome Felicia DellaFortuna as our new Chief Financial Officer at this pivotal time for WeightWatchers," said Tara Comonte, Interim Chief Executive Officer. "Felicia brings extensive experience in strategic financial leadership, operational excellence, and enterprise value creation that will be instrumental as we navigate this critical period of tra

      11/27/24 7:00:00 AM ET
      $WW
      Other Consumer Services
      Consumer Discretionary
    • WeightWatchers Announces Executive Leadership Transition

      Independent Board Member Tara Comonte Will Serve as Interim Chief Executive OfficerSima Sistani Will Step Down as CEO and Director NEW YORK, Sept. 27, 2024 (GLOBE NEWSWIRE) -- WW International, Inc. (NASDAQ:WW) ("WeightWatchers," "WW," or the "Company") announced today that WeightWatchers Board member Tara Comonte has been appointed Interim Chief Executive Officer. Ms. Comonte succeeds Sima Sistani, who departs from her role as Chief Executive Officer and as a member of the Board, effective today. During her tenure, Ms. Sistani led the Company's transformation to a modern digital health organization and extended the Company's portfolio of solutions into the telehealth space with the acqu

      9/27/24 8:00:00 AM ET
      $WW
      Other Consumer Services
      Consumer Discretionary
    • WeightWatchers Announces Strategic Leadership Team Appointments

      NEW YORK, Sept. 10, 2024 (GLOBE NEWSWIRE) -- WeightWatchers (NASDAQ:WW), ("WeightWatchers," "WW," or the "Company") announced today the appointments of Scott Honken as Chief Commercial Officer and Phillip Picardi as Chief Impact Officer. The two will collaborate, alongside the existing leadership team to redefine community engagement across all stakeholders, including a continued focus on B2B constituents of employers, payers, and health plans and expanding access through WeightWatchers for Business. "Scott and Phillip will propel us forward as we embark upon a new chapter of growth for WeightWatchers," said Sima Sistani, CEO WeightWatchers. "Their expertise engaging communities and accel

      9/10/24 9:06:00 AM ET
      $WW
      Other Consumer Services
      Consumer Discretionary
    • Amendment: SEC Form SC 13G/A filed by WW International Inc.

      SC 13G/A - WW INTERNATIONAL, INC. (0000105319) (Subject)

      11/14/24 6:06:51 AM ET
      $WW
      Other Consumer Services
      Consumer Discretionary
    • Amendment: SEC Form SC 13G/A filed by WW International Inc.

      SC 13G/A - WW INTERNATIONAL, INC. (0000105319) (Subject)

      11/8/24 10:40:45 AM ET
      $WW
      Other Consumer Services
      Consumer Discretionary
    • SEC Form SC 13G filed by WW International Inc.

      SC 13G - WW INTERNATIONAL, INC. (0000105319) (Subject)

      2/14/24 6:58:51 AM ET
      $WW
      Other Consumer Services
      Consumer Discretionary
    • WW downgraded by Morgan Stanley with a new price target

      Morgan Stanley downgraded WW from Overweight to Equal-Weight and set a new price target of $1.25 from $6.50 previously

      7/26/24 7:46:12 AM ET
      $WW
      Other Consumer Services
      Consumer Discretionary
    • Barclays initiated coverage on WW with a new price target

      Barclays initiated coverage of WW with a rating of Underweight and set a new price target of $8.00

      1/3/24 8:36:04 AM ET
      $WW
      Other Consumer Services
      Consumer Discretionary
    • Guggenheim resumed coverage on WW with a new price target

      Guggenheim resumed coverage of WW with a rating of Buy and set a new price target of $14.00

      12/20/23 8:00:29 AM ET
      $WW
      Other Consumer Services
      Consumer Discretionary
    • WW International, Inc. Schedules Investor Conference Call

      NEW YORK, May 06, 2025 (GLOBE NEWSWIRE) -- WW International, Inc. (NASDAQ:WW) ("WeightWatchers" or the "Company"), the global leader in science-backed weight management, announced that it will host an investor conference call today May 6, 2025, at 6:00 p.m. ET. During the call, Tara Comonte, President and Chief Executive Officer, and Felicia DellaFortuna, Chief Financial Officer, will discuss an agreement with the Company's lenders and noteholders that will significantly reduce debt obligations that is currently expected to result in a voluntary prepackaged filing under Chapter 11 of the U.S. Bankruptcy Code. The webcast of the conference call will be available on the Company's corporate w

      5/6/25 4:32:00 PM ET
      $WW
      Other Consumer Services
      Consumer Discretionary
    • WW International, Inc. Announces Fourth Quarter and Full Year 2024 Results

      Fourth Quarter 2024 Financial Highlights Total End of Period Subscribers of 3.3 million, including 92 thousand End of Period Clinical SubscribersRevenues of $184.4 million; Subscription Revenues down 7.3% vs. prior year period, including Clinical Subscription Revenues of $20.5 million, up 57.9% vs. prior year periodGross Margin of 69.7%, up 906 basis points vs. prior year period; Adjusted Gross Margin of 69.1%, up 771 basis points vs. prior year periodOperating Income of $36.2 million; Operating Income Margin of 19.6%, up 2,256 basis points vs. prior year period; Adjusted Operating Income of $36.9 million; Adjusted Operating Income Margin of 20.0%, up 967 basis points vs. prior year periodN

      2/27/25 4:01:00 PM ET
      $WW
      Other Consumer Services
      Consumer Discretionary
    • WW International, Inc. Schedules Fourth Quarter and Full Year 2024 Earnings Conference Call

      NEW YORK, Feb. 24, 2025 (GLOBE NEWSWIRE) -- WW International, Inc. (NASDAQ:WW) ("WeightWatchers," "WW," or the "Company") will release its results for the fourth quarter and full year 2024 ended December 28, 2024, after market close on Thursday, February 27, 2025. WeightWatchers will host a conference call at 5:00 p.m. ET the same day. During the conference call, Tara Comonte, Interim President and Chief Executive Officer, and Felicia DellaFortuna, Chief Financial Officer, will discuss the fourth quarter and full year 2024 results and answer questions from the investment community. The live webcast of the conference call will be available on the Company's corporate website, corporate.ww.

      2/24/25 9:15:27 AM ET
      $WW
      Other Consumer Services
      Consumer Discretionary