WW International, Inc. (NASDAQ:WW) Q3 2022 Earnings Conference Call November 3, 2022 5:00 PM ET

Company Participants

Corey Kinger - Investor Relations

Sima Sistani - Chief Executive Officer

Amy O'Keefe - Chief Financial Officer

Conference Call Participants

Spencer Hanus - Wolfe Research

Jason English - Goldman Sachs

Alex Fuhrman - Craig-Hallum Capital Group

Operator

Good afternoon, and welcome to the WW International Third Quarter 2022 Conference Call. All participants will be in listen-only mode. [Operator instructions] After today's presentation, there will be an opportunity to ask questions. [Operator instructions] Please note that this event is being recorded.

I would now like to turn the conference over to Corey Kinger, Investor Relations. Please go ahead.

Corey Kinger

Thank you, everyone, for joining us today for WW International's third quarter 2022 conference call. At about 4:00 p.m. Eastern Time today, we issued a press release reporting our third quarter 2022 results.

The purpose of this call is to provide investors with some further details regarding the company's financial results as well as to provide a general update on the company's progress. The press release is available on the company's corporate website located at corporate.ww.com.

Supplemental investor materials are also available on the company's corporate website in the Investor section under Presentations and Events. Reconciliations of non-GAAP measures disclosed on this conference call to the most directly comparable GAAP financial measures are also available as part of the press release.

Before we begin, let me remind everyone that this call will contain forward-looking statements. Investors should be aware that any forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from those discussed here today. These risk factors are also explained in detail in the company's filings with the Securities and Exchange Commission.

Please refer to these filings for a more detailed discussion of forward-looking statements, and the risks and uncertainties of such statements. All forward-looking statements are made as of today and except as required by law, the company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Joining today's call are Sima Sistani, CEO; and Amy O'Keefe, CFO.

I will now turn the call over to Sima.

Sima Sistani

Thanks Corey. Good afternoon, everyone, and thank you for joining us today. We are encouraged by early indicators that our data-informed approach to product development focused our four pillars of community, accountability and coaching and yielding positive results. That being said, we are eyes wide open that our turnaround will take time.