Kurbo

WW International, Inc. Announces Second Quarter 2023 Results

Retrieved on: 
Thursday, August 3, 2023

Adjusted gross profit in Q2 2023, which excluded the net impact of $0.7 million of restructuring charges, was $143.8 million.

Key Points: 
  • Adjusted gross profit in Q2 2023, which excluded the net impact of $0.7 million of restructuring charges, was $143.8 million.
  • 2023 Restructuring Plan: In connection with the previously announced 2023 restructuring plan, the Company recorded aggregate restructuring charges of approximately $1.8 million in Q2 2023.
  • During the conference call, Sima Sistani, Chief Executive Officer, and Heather Stark, Chief Financial Officer, will discuss the second quarter of fiscal 2023 results and answer questions from the investment community.
  • In addition, the Company presents certain of its financial results on a constant currency basis in addition to GAAP results.