WW reports Q4 EPS (46c), consensus 0c

Reports Q4 revenue $223.92M, consensus $224.53M. The company reported end of period subscribers of 3.5M. "It has been nearly one year since I joined WeightWatchers – a time of significant transition, rationalization, and bold moves throughout the organization. We ended 2022 with 3.5 million subscribers, ahead of our guidance, improving our position as we started the year," said Sima Sistani, the company’s CEO. "Our member engagement and satisfaction metrics are up, demonstrating that our initiatives to improve the experience and brand are having a positive impact. We expect performance trends to improve throughout the year as we benefit from our data-informed approach to member acquisition, increased efficiency from streamlined operations, and new product features to enhance the member experience. We look forward to upcoming launches focused on creating community, supporting members, and enabling key behaviors, as well as our entry into clinical weight management."