From GlobeNewswire: 2025-05-06 17:28:00

WeightWatchers, the global leader in weight management, is implementing a financial reorganization transaction to eliminate $1.15 billion in debt and position itself for long-term growth. The company remains operational, with no impact on its more than three million members worldwide. WeightWatchers has entered into an agreement with lenders and noteholders to reduce debt obligations and expects to emerge as a publicly traded company in approximately 40 days. The transaction includes a reduction of annual interest expense by approximately $50 million and the extension of debt maturity. The company’s telehealth business achieved 57% year-over-year revenue growth in Q1 2025.



Read more at GlobeNewswire: WeightWatchers Takes Strategic Action to Eliminate $1.15