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     132  0 Kommentare WW International Provides Update on Strong Momentum in Digital Trends, Studio Reopening Plans, and Amended Revolving Credit Facility

    • Subscribers as of June 6, 2020 totaled 4.9 million, up 7% from June 8, 2019, consisting of 3.8 million Digital Subscribers and 1.1 million Studio + Digital Subscribers
    • Digital member signup trends accelerating since mid-April on a year-over-year weekly basis, driving Digital subscribers to an all-time high
       
    • Phased reopening of certain Studio locations now underway; anticipate approximately 400 Studios in the U.S. will be open by June 30
       
    • Increased revolving credit facility commitments to $175 million, adding financial flexibility

    NEW YORK, June 15, 2020 (GLOBE NEWSWIRE) -- As WW International, Inc. (NASDAQ: WW) continues to advance its digital transformation, the Company today provided an update on recent membership trends and its Studio reopening plans, and announced added financial flexibility pursuant to an amendment to its revolving credit facility.

    “We believe now more than ever, people need a trusted partner in health and wellness. WW is positioned to be that partner on a global scale. Our scientifically-backed approach continues to resonate with consumers around the world and we are seeing renewed momentum in member signups for our Digital offering – bringing Digital membership to an all-time high,” said Mindy Grossman, the Company’s President and CEO. “We are accelerating our digital transformation, focusing our strategy and resources to enhance the member experience and engagement by delivering a connected, digital, and deeply-human experience. Our recently concluded Oprah's Your Life in Focus: A Vision Forward – Live Virtual Experience has led to over 3 million views, elevating our brand around the world for our members and consumers.”

    Grossman continued, “In mid-March to ensure the health and safety of our Studio members and our Coaches, we proactively pivoted from in-person workshops to an entirely virtual experience. These Virtual Workshops have been well-received by our Studio members and have a 97% satisfaction rate. We will continue to offer Virtual Workshops in the current environment as many members embrace that experience to stay connected to their WW Coach and fellow members. In addition, we are on-track to launch Virtual Group Coaching later this year. This new offering will be digitally-enabled, community-focused and Coach-led, and an entirely new way to experience WW. Virtual Group Coaching will not only reflect the learnings from running Virtual Workshops at scale and our ongoing test pilots of the new offering, but also our 57 years of experience in creating community.”

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    WW International Provides Update on Strong Momentum in Digital Trends, Studio Reopening Plans, and Amended Revolving Credit Facility Subscribers as of June 6, 2020 totaled 4.9 million, up 7% from June 8, 2019, consisting of 3.8 million Digital Subscribers and 1.1 million Studio + Digital Subscribers Digital member signup trends accelerating since mid-April on a year-over-year …