1802 ET - WW International is entering 2025 with a starting revenue headwind of around $45 million, driven by lower subscribers by the end of 2024, CEO Tara Comonte says on a call with analysts. The weight management services company didn't disclose its guidance for the year. Overall, 2025 will be a year of significant reset for the company as it sets its focus on stabilization and recovery, Comonte says. However, its existing debt --which leads to around $100 million of annual interest payments, "is a significant ongoing burden company," especially in this period of "necessary speed an innovation," the executive says. The company plans to remove $100 million in run rate costs by the end of the year, Comonte says. Shares slip 1% to 79 cents in post-market trading. (sabela.ojea@wsj.com; @sabelaojeaguix)
(END) Dow Jones Newswires
February 27, 2025 18:02 ET (23:02 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.