From Yahoo Finance: 2025-05-07 10:06:00

WeightWatchers, now WW International, filed for bankruptcy to eliminate $1.15 billion in debt, aiming for long-term growth and success. CEO Tara Comonte expressed confidence in the company’s ability to innovate and lead in the weight management industry. The stock plummeted due to revenue declines and Oprah Winfrey’s departure from the board. WeightWatchers faces competition from popular weight-loss drugs like Opzempic, prompting the acquisition of telehealth platform Sequence. Despite the bankruptcy, operations will continue as usual for its three million members worldwide, with all services remaining available.



Read more at Yahoo Finance: WeightWatchers files for Chapter 11 bankruptcy: What to know