← WW INTERNATIONAL, INC.
| Annual Trend | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $127.3m | $1.2b | $1.3b | $1.5b | $1.4b | $1.4b | $1.2b | $1.0b | $889.6m | $785.9m | |
| Revenue, net | — | $1.2b | $1.3b | $1.5b | $1.4b | — | $1.4b | $1.2b | $889.6m | $785.9m | |
| Cost of Revenue | $53.3m | $110.6m | $128.0m | $647.7m | $626.7m | $600.3m | $600.3m | $418.5m | $360.2m | $252.8m | |
| Gross Profit | $802.6m | $585.5m | $692.6m | $866.4m | $786.7m | $777.8m | $777.8m | $622.4m | $529.3m | $533.1m | |
| Operating Income (Loss) | — | $200.8m | $267.3m | $389.0m | $288.0m | $216.2m | — | ($282.9m) | $22.3m | ($236.2m) | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | — | $35.8m | $36.0m | $29.0m | $29.3m | $29.8m | — | $33.7m | $42.4m | $33.6m | |
| Gain (Loss) on Investments | — | — | — | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | $13.3m | $0 | $0 | $3.7m | — | $3.1m | $3.6m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | $26.4m | $53.0m | $126.2m | $75.9m | ($10.5m) | — | ($375.7m) | ($222.3m) | ($358.1m) | |
| Franchise rights acquired and goodwill impairments | — | — | — | — | — | — | — | $396.7m | $3.6m | $315.0m | |
| Operating (loss) income | $273.3m | $168.1m | $267.3m | $389.0m | $288.0m | — | $216.2m | $196.3m | $22.3m | ($236.2m) | |
| Provision for income taxes | $59.0m | $22.8m | ($18.2m) | $20.5m | $31.5m | — | $17.5m | $9.8m | $38.6m | $526k | |
| Net (loss) income | $98.6m | $32.9m | $163.5m | $223.7m | $119.6m | — | $75.1m | $66.9m | ($112.3m) | ($345.7m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | — | — | ($365.8m) | ($73.6m) | ($345.2m) | |
| (Loss) income before income taxes | $157.6m | $55.6m | $145.1m | $244.1m | $151.0m | — | $92.5m | $76.7m | ($73.6m) | ($345.2m) | |
| Net Income (Loss) Attributable to Parent | — | $67.7m | $163.5m | $223.7m | $119.6m | $75.1m | — | ($251.4m) | ($112.3m) | ($345.7m) | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | ($206k) | ($197k) | ($181k) | ($169k) | ($38k) | — | — | — | — | |
| Earnings Per Share, Basic | $1.74 | $1.06 | $2.54 | $3.38 | $1.78 | $1.11 | $1.11 | ($3.58) | ($1.46) | ($4.34) | |
| Earnings Per Share, Diluted | $1.74 | $1.03 | $2.40 | $3.19 | $1.72 | $1.07 | $1.07 | ($3.58) | ($1.46) | ($4.34) | |
| Common Stock, Dividends, Per Share, Declared | $1.74 | $0.56 | $2.54 | $3.38 | $1.78 | — | $1.11 | $0.96 | ($1.46) | ($4.34) | |
| Basic | $56,607,000.00 | $58,369,000.00 | $64,329,000.00 | $66,280,000.00 | $67,188,000.00 | — | $67,849,000.00 | $69,640,000.00 | $76,677,000.00 | $79,578,000.00 | |
| Diluted | $56,705,000.00 | $58,966,000.00 | $68,248,000.00 | $70,115,000.00 | $69,550,000.00 | — | $70,020,000.00 | $70,744,000.00 | $76,677,000.00 | $79,578,000.00 | |
| Weighted Average Number of Shares Outstanding, Basic | — | 63.7m | 64.3m | 66.3m | 67.2m | 67.8m | — | 70.3m | 76.7m | 79.6m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | 65.9m | 68.2m | 70.1m | 69.5m | 70.0m | — | 70.3m | 76.7m | 79.6m | |
| Selling, General and Administrative Expense | — | $190.3m | $211.2m | $251.1m | $254.7m | $297.3m | — | $263.8m | $264.9m | $217.8m | |
| Selling, general and administrative expenses | $241.0m | $205.0m | $211.2m | $251.1m | $254.7m | — | $297.3m | $268.6m | $264.9m | $217.8m | |
| Other Nonoperating Income (Expense) | — | ($1.5m) | ($472k) | ($2.6m) | ($1.8m) | ($349k) | — | ($1.7m) | ($72k) | $1k | |
| Marketing expenses | $262.3m | $201.0m | $200.8m | $226.3m | $244.0m | — | $260.7m | $261.5m | $238.4m | $236.5m | |
| Product development expenses | — | — | — | — | — | — | — | — | $47.4m | $42.2m | |
| Other expense (income), net | $3.2m | $2.0m | $472k | $2.6m | $1.8m | — | $349k | $1.4m | $72k | ($1k) | |
| Interest Expense | $123.0m | $121.8m | $112.8m | $142.3m | $135.3m | $123.3m | $123.3m | $81.1m | $95.9m | $109.0m | |
| Current Income Tax Expense (Benefit) | — | $5.5m | $30.0m | $34.2m | $40.9m | $18.9m | — | $36.6m | $18.8m | $27.1m | |
| Income Tax Expense (Benefit) | — | $16.6m | ($18.2m) | $20.5m | $31.5m | $17.5m | — | ($114.4m) | $38.6m | $526k |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.