Company: WW
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-029511
Chunk: 151

Company: WW INTERNATIONAL, INC.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 1B
Chunk 151
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4 (52 weeks) COMPARED TO FISCAL 2023 (52 weeks)

The table below sets forth selected financial information for fiscal 2024 from our consolidated statements of operations for fiscal 2024 versus selected financial information for fiscal 2023 from our consolidated statements of operations for fiscal 2023.

Summary of Selected Financial Data

    (In millions, except per share amounts)

    Fiscal 2024

    Fiscal 2023

    Increase/(Decrease)

    %Change

    % ChangeConstantCurrency

    Revenues, net
     
    $
    785.9

    $
    889.6

    $
    (103.6
    )

    (11.6
    %)

    (11.7
    %)

    Cost of revenues

    252.8

    360.2

    (107.4
    )

    (29.8
    %)

    (29.8
    %)

    Gross profit

    533.1

    529.3

    3.8

    0.7
    %

    0.6
    %

    Gross Margin %

    67.8
    %

    59.5
    %

    Marketing expenses

    236.5

    238.4

    (1.9
    )

    (0.8
    %)

    (0.8
    %)

    Selling, general & administrative expenses

    217.8

    264.9

    (47.1
    )

    (17.8
    %)

    (17.8
    %)

    Franchise rights acquired and goodwill impairments

    315.0

    3.6

    311.4

    100.0
    %
    *
     
    100.0
    %
    *

    Operating (loss) income

    (236.2
    )

    22.3

    (258.6
    )

    (100.0
    %)
    *
     
    (100.0
    %)
    *

    Operating (Loss) Income Margin %

    (30.1
    %)

    2.5
    %

    Interest expense

    109.0

    95.9

    13.1

    13.6
    %

    13.6