Earnings release
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For more information , contact : Investors : Corey Kinger VP Investor Relations corey.kinger@ww.com Media : Joe Quenqua Chief Communications Officer joe.quenqua@ww.com Nicole Penn VP Corporate Communications nicole.penn@ww.com WW Announces Third Quarter 2021 Results • Q3 2021 End of Period Subscribers of 4.5 million • W W W Exhibit 99.1 Q3 2021 Revenues of $ 293 million Q3 2021 Gross Margin of 61 % ; excluding one - time charges , Q3 2021 adjusted gross margin increased 270 basis points year - over - year to 62 % • Q3 2021 Operating Income of $ 80 million ; excluding one - time charges , Q3 2021 adjusted operating income was $ 88 million • New food program innovation to launch globally on November 8th NEW YORK ( November 4 , 2021 ) - WW International , Inc. ( NASDAQ : WW ) today announced its results for the third quarter of fiscal 2021 . " In the coming days , we will launch the most advanced , innovative food program in WW's history . We are confident that our powerful program will create excitement amongst new and existing members alike , driving significant member recruitment and accelerating operating and financial performance in 2022 , " said Mindy Grossman , the Company's President and CEO . " We believe the combination of this new program — amplified in a robust marketing campaign featuring Oprah Winfrey , James Corden , and our inspiring member ambassadors — and the traditional New Year's reset moment will spark increased interest in WW as consumers recommit to their health and wellness during the important winter season . " Wellness that Works .