WeightWatchers Stock Falls After Q4 Results, Oprah Winfrey Exits

WW International Inc. (NASDAQ:WW) reported its fourth-quarter financial results after the bell Wednesday. The company also announced Oprah Winfrey decided not to stand for re-election to its board of directors.

The Details: WW International reported quarterly adjusted losses per share of $1.11. Quarterly sales clocked in at $206 million, missing the analyst consensus estimate of $206.21 million.

“2023 was a pivotal year as we began transforming our business for the future. We returned WeightWatchers to year-end subscriber growth — for the first time in 3 years — up 7% year-over-year,” said Sima Sistani, CEO of WW International (formerly known as Weight Watchers International).

“We are on …

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