'A Punch to the Gut': WW International (WW) Crashes 25% on Disappointing Q2 and Guidance, Jefferies Downgrades to 'Hold'

Go back to 'A Punch to the Gut': WW International (WW) Crashes 25% on Disappointing Q2 and Guidance, Jefferies Downgrades to 'Hold'

WW Announces Second Quarter 2021 Results

August 10, 2021 4:01 PM EDT

Q2 2021 End of Period Subscribers of 4.9 millionQ2 2021 End of Period Digital Subscribers up 6% year-over-year to an all-time Q2-end highQ2 2021 Revenues of $311 millionQ2 2021 Gross Margin of 60%; excluding one-time charges, Q2 2021 adjusted gross margin increased 100 basis points year-over-year to 61%FY 2021 Guidance: Revenues approaching $1.3 billion and GAAP EPS in the range of $1.10 to $1.25, which incorporates an approximately $0.53 aggregate negative... More