WeightWatchers CEO sends internal memo to employees as stock plummets amid Oprah exit [FOX Business Network]
WW International, Inc. (WW)
Last ww international, inc. earnings: 4/28 04:05 pm
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Source: FOX Business Network
WeightWatchers chief executive Sima Sistani is trying to rally her team as the company's stock continues to take a beating following the announced departure of Oprah Winfrey from the board two weeks ago. The CEO aimed to reassure employees with an internal memo dated Thursday and obtained by CNBC, where she said the company is in a healthy financial position despite what the headlines might suggest. WeightWatchers disclosed Winfrey's exit on February 28, sending shares tumbling more than 20%. The stock price has fallen 50% over the past month and is down 74% year to date. Ticker Security Last Change Change % WW WW INTERNATIONAL INC. Powered By WW International Inc. "We do not believe the recent stock moves reflect the strength of our performance, outlook or the near term trade-offs we're making for our future growth," Sistani wrote , adding "we have strong liquidity and are not in a cash crunch." Analysts have expressed concerns that WeightWatchers faces a t
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News
- WW International, Inc. Announces First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- WW International, Inc. Announces First Quarter 2024 ResultsGlobeNewswire
- WeightWatchers for Business and Personify Health Partner to Help Employers Address Weight Health Care [Yahoo! Finance]Yahoo! Finance
- WeightWatchers for Business and Personify Health Partner to Help Employers Address Weight Health CareGlobeNewswire
- WW International, Inc. (NASDAQ: WW) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
WW
Earnings
- 5/2/24 - Miss
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Sec Filings
- 5/2/24 - Form 10-Q
- 5/2/24 - Form 8-K
- 4/17/24 - Form 4
- WW's page on the SEC website