NASDAQ$WW

Weight Watchers International Inc. · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

WW International, Inc. reported a net loss and revenue increase in Q1 2020, with a rise in digital subscribers and a shift towards virtual workshops due to COVID-19.

WW International, Inc. announced Q1 2020 results with revenues of $400.4 million, up 10% year-over-year. The company reported a net loss of $6.1 million, but end-of-period subscribers increased by 9% to 5.0 million. The company withdrew its full year fiscal 2020 guidance due to COVID-19 uncertainty.

  • Q1 2020 revenues reached $400.4 million, a 10% increase year-over-year.
  • End of period subscribers increased by 9% year-over-year, reaching 5.0 million.
  • The company accelerated its digital transformation by launching virtual workshops globally.
  • Full year fiscal 2020 guidance was withdrawn due to uncertainty related to the COVID-19 pandemic.

Headline financials

Total Revenue

$400M

Previous: $363M+10.2%
EPS (adj)

-$0.04

Previous: -$0.09+55.6%
End of Period Subscribers

5.0M

Previous: 4.6M+8.7%
Capital Expenditures

-$13.5M

Previous: -$4.06M-233.4%
Free Cash Flow

-$19.6M

Previous: -$14.7M-32.9%
Net Income

-$6.06M

Previous: -$10.7M+43.3%
Operating Income

$24.9M

Previous: $21.9M+13.6%
Gross Profit

$211M

Previous: $201M+5.0%
Cash & Equivalents

$292M

Previous: $193M+51.2%
Total Assets

$1.63B

Previous: $1.53B+7.0%
Stock-Based Comp

$3.97M

Previous: $4.81M-17.6%

Revenue & EPS history

Weight Watchers · Revenue · Quarterly

$400M

Q1 2020+10.2%vs Q1 2019
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Weight Watchers · $203M total across 1 segment · Q3 2023

  • Subscription Revenues
    $203M

Forward guidance

Due to the disruption and uncertainty related to COVID-19, the Company is withdrawing its full year fiscal 2020 revenue and earnings guidance, which was provided on February 25, 2020.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 3 quarterly earnings reports

Historical avg

-1.5%

Avg return

Earnings day

-16.3%

Avg return

5 days after

-12.9%

Avg return

30 days after

45%

29 / 64 earnings

Positive

+63.1%

Q4 2022

Best reaction

-44.1%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-22.5%-18.2%+37.4%
Q4 2025+0.7%-16.2%-48.7%
Q3 2025+4.0%-14.4%-27.4%
Q1 2025-44.1%
Q4 2024-19.9%
Q3 2024-11.2%
Q2 2024-20.9%
Q1 2024+14.2%
Q4 2023-14.5%
Q3 2023-8.5%
Q2 2023-24.9%
Q1 2023+25.9%
Q4 2022+63.1%
Q3 2022-2.6%
Q2 2022-21.3%
Q1 2022+0.8%
Q4 2021+1.3%
Q3 2021+3.4%
Q2 2021-21.3%
Q1 2021+33.0%
Q3 2020-4.4%
Q2 2020-9.1%
Q1 2020+18.5%
Q4 2019-15.3%
Q3 2019-11.6%
Q2 2019+40.0%
Q1 2019+15.4%
Q4 2018-34.1%
Q3 2018-27.2%
Q2 2018-14.2%
Q1 2018-4.0%
Q4 2017-5.6%
Q3 2017+13.9%
Q2 2017+24.6%
Q1 2017+8.7%
Q4 2016+40.2%
Q3 2016+7.2%
Q2 2016-0.2%
Q1 2016+1.7%
Q4 2015-28.3%
Q3 2015+38.7%
Q2 2015+21.1%
Q1 2015-12.6%
Q4 2014-35.6%
Q3 2014-9.1%
Q2 2014+9.4%
Q1 2014+15.5%
Q4 2013-25.5%
Q3 2013-18.7%
Q2 2013-19.9%
Q1 2013+1.1%
Q4 2012-16.7%
Q3 2012+15.8%
Q2 2012-15.7%
Q1 2012+0.6%
Q4 2011-1.9%
Q3 2011+5.1%
Q2 2011+1.9%
Q4 2009-0.2%
Q1 2011+1.1%
Q3 2010+2.8%
Q2 2010-0.6%
Q4 2010-0.6%
Q1 2010-1.5%

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