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The Wall Street Publication > Blog > Lifestyle > WeightWatchers recordsdata for chapter
Lifestyle

WeightWatchers recordsdata for chapter

Editorial Board Published May 7, 2025
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WeightWatchers recordsdata for chapter
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 ‘Barron’s Roundtable’ discusses the weight problems drug demand, investing in Nike and Delta Airways’ efficiency.

WeightWatchers, a wellness program as soon as backed by Oprah, filed for chapter this week to attempt to bolster its monetary place and guarantee its survival within the extremely saturated weight-loss market.

In submitting for Chapter 11 chapter safety, WW Worldwide Inc. stated it is going to be in a position to eradicate $1.15 billion in debt from its stability sheet, and place itself for long-term progress and success.

“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,” WeightWatchers CEO Tara Comonte stated. 

WEIGHTWATCHERS BETS ON WEIGHT-LOSS DRUGS WITH LAUNCH OF NEW PROGRAM

The corporate stated it would stay absolutely operational throughout this course of and that members won’t be impacted. This implies the “plans they rely on to support their weight management goals” will stay absolutely operational, the corporate stated.

Whereas it ceased buying and selling on the Nasdaq, WeightWatchers expects to emerge as a publicly traded firm when it completes the reorganization course of. 

An indication for Weight Watchers is displayed at workplace in decrease Manhattan, New York October 19, 2015. (REUTERS/Brendan McDermid / Reuters)

The corporate started within the Nineteen Sixties and revolutionized the food regimen business by way of its weight-loss and weight-management packages. It even gained traction amongst high-profile figures with Oprah partnering with the corporate in 2015. She left the board of administrators in 2024. 

WEIGHTWATCHERS CEO SIMA SISTANI OUT IN ABRUPT EXIT, EMBRACED WEIGHT LOSS DRUGS

Nevertheless, lately, the corporate has struggled to stay aggressive as the recognition of weight-loss medication quickly modified how individuals strategy weight-reduction plan. 

Morgan Stanley Analysis re-evaluated the worldwide marketplace for weight problems medication, and is now anticipating it to succeed in between $105 billion and $144 billion in 2030. That is up from an earlier projection of $77 billion. In 2023, gross sales of branded weight problems medication notched $6 billion, in line with Morgan Stanley Analysis.

The corporate has struggled to stay aggressive lately as the recognition of weight-loss medication quickly modified how individuals strategy weight-reduction plan.  (Michael Nagle/Bloomberg through Getty Photos / Getty Photos)

In an effort to revive the model, the corporate acquired telehealth platform Sequence, now often known as WeightWatchers Clinic, to assist develop into weight problems drug prescriptions. With its telehealth platform, it presents obesity-trained clinicians and prescription weight-loss drugs, and digital and in-person workshops. 

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Nonetheless, woes endured for the corporate as its former CEO Sima Sistani abruptly left in September 2024.

TAGGED:bankruptcyfilesWeightWatchers
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