Company: WW
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-029511
Chunk: 290

Company: WW INTERNATIONAL, INC.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 7
Chunk 290
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.1

    651.5

    503.4

    % Change Fiscal 2024 vs. Fiscal 2023

    (10.2
    %)

    (10.3
    %)

    (3.3
    %)

    8.6
    %

    (11.0
    %)

    (15.8
    %)

    (15.9
    %)

    (20.3
    %)

    (8.3
    %)

    (22.7
    %)

(in millions except percentages and as noted)

    Fiscal 2024

    Clinical Subscription Revenues

    GAAP

    ClinicalPaidWeeks

    IncomingClinicalSubscribers

    EOPClinicalSubscribers

    (in thousands)

    $
    78.0

    4.2

    66.6

    91.7

    % Change Fiscal 2024 vs. Fiscal 2023

    100.0%
     
    *
    100.0%
     
    *
    N/A
     
    **
     
    37.8
    %

* Note: Percentage in excess of 100.0% and not meaningful.

** N/A - There were no Incoming Clinical Subscribers in the prior year since our acquisition of Sequence closed during the second quarter of fiscal 2023.

59

Operating Performance

The decrease in revenues for fiscal 2024 versus the prior year was driven by both a decrease in Other Revenues and a decrease in Subscription Revenues. The decrease in Other Revenues for fiscal 2024 versus the prior year was driven primarily by the closure of our consumer products business at the end of fiscal 2023.

The decrease in Subscription Revenues for fiscal 2024 versus the prior year was driven primarily by a decrease in Digital Subscription Revenues and, to a lesser extent, a decrease in Workshops + Digital Subscription Revenues due to a higher mix of Digital subscribers within their initial, lower-priced commitment periods and recruitment declines. Workshops + Digital Subscription Revenues were also negatively impacted by the continued mix shift from our Workshops + Digital business to our Digital business. In addition, the lower number of Incoming Workshops + Digital Subscribers at the beginning of fiscal 2024 versus the beginning of fiscal 2023 contributed to the decrease in Workshops + Digital Subscription Revenues for the year. Subscription Revenues for fiscal 2024 benefited from Clinical Subscription Re