NEW YORK (Globe Newswire) – WW International, Inc., the global leader in science-backed weight management, and certain of its affiliates announced it will implement a financial reorganization transaction that will bolster its financial position, increase investment flexibility in its strategic growth initiatives, and better serve its millions of members around the world.
Officials said the transaction will eliminate $1.15 billion in debt from the company’s balance sheet, and position WeightWatchers for long-term growth and success.
“With this improved financial foundation, the company is well equipped to execute its transformation plan, which includes innovating its digital and member experience and accelerating the expansion of its telehealth business which delivered 57% year-over-year revenue growth in Q1 2025,” the company said in a statement posted to its website.
WeightWatchers remains fully operational during the reorganization process and there will be no impact to members or the plans they rely on to support their weight management goals. WeightWatchers’ holistic model of care—including its no. 1 doctor-recommended weight loss program, telehealth offering with access to obesity-trained clinicians and prescription weight-loss medications, and virtual and in-person workshops—remain fully operational during the reorganization process.
All trade creditors and other general unsecured creditors will be paid in full. Additionally, the company intends to remain a publicly traded company upon emergence from the process.
The agreement entered into is between WeightWatchers and holders of approximately 72% of the outstanding principal amount of the Company’s term loan facility, revolving credit facility, and 4.5% senior secured notes, who have committed their support for the Transaction.
To effectuate the Transaction, WeightWatchers has voluntarily initiated “pre-packaged” chapter 11 cases in the United States Bankruptcy Court for the District of Delaware (the “Court”). The Company expects to move through this process swiftly, with the goal of emerging from the court-supervised reorganization process in approximately 45 days, if not sooner.
“For more than 62 years, WeightWatchers has empowered millions of members to make informed, healthy choices, staying resilient as trends have come and gone,” said Tara Comonte, Chief Executive Officer of WeightWatchers. “The decisive actions we’re taking today, with the overwhelming support of our lenders and noteholders, will give us the flexibility to accelerate innovation, reinvest in our members, and lead with authority in a rapidly evolving weight management landscape. As the conversation around weight shifts toward long-term health, our commitment to delivering the most trusted, science-backed, and holistic solutions—grounded in community support and lasting results—has never been stronger, or more important.”
WeightWatchers has launched a dedicated web page for members to get more information about the court-supervised restructuring process at www.weightwatchers.com/here-to-stay(opens in new window or tab). A summary of the Transaction can be found on the Company’s corporate website, https://corporate.ww.com(opens in new window or tab), under Events and Presentations.
