WW International, Inc. (NASDAQ:WW) Q2 2024 Earnings Call August 1, 2024 8:30 AM ET

Company Participants

Corey Kinger - Vice President, Investor Relations
Sima Sistani - Chief Executive Officer
Heather Stark - Chief Financial Officer

Conference Call Participants

Jack Wallace - Guggenheim Securities
Henry Carr - UBS
Nathan Feather - Morgan Stanley
Alex Fuhrman - Craig-Hallum
Stephanie Davis - Barclays
Karru Martinson - Jefferies

Operator

Welcome to the WW International’s Second Quarter 2024 Earnings Conference Call. [Operator Instructions] I’d now like to turn the call over to your host, Corey Kinger, VP Investor Relations. You may begin.

Corey Kinger

Thank you everyone for joining us today for WW International’s second quarter 2024 conference call. At about 7:00 a.m. Eastern Time today, we issued a press release reporting our second quarter 2024 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 the 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 Investors 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 certainties that could cause actual results to differ materially from those discussed here today. These risk factors are 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 certainties 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 Heather Stark, CFO.

I’ll now turn the call over to Sima.

Sima Sistani

Thanks, Corey. Good morning, everyone. Thank you for joining us today. Weight Watchers has the right strategy to return the business to growth. In order to win in this dynamic GLP-1 environment, we are completely reimagining how we operate to catalyze our path as the leading digital weight health provider. We have taken decisive actions to navigate through this dynamic landscape.