Added to YB: 2026-01-13
Pitch date: 2026-01-09
WW [neutral]
WW International, Inc.
+1.71%
current return
Author Info
JunkBondInvest is a buyside l/s credit analyst. Focus on high yield bonds, leveraged loans, distressed debt, special situations equities. Sign up for the newsletter.
Company Info
WW International, Inc. provides weight management products and services in the United States, Germany, and internationally.
Market Cap
$303.9M
Pitch Price
$29.90
Price Target
N/A
Dividend
N/A
EV/EBITDA
3.72
P/E
1.73
EV/Sales
0.82
Sector
Diversified Consumer Services
Category
special_situation
Weight Watchers ($WW): Cleaned Up Capital Structure, Messy Business
WW (overview): Weight loss company pivoted from dying behavioral biz to GLP-1 telehealth via $106M Sequence acquisition. Emerged from Ch11 with $465M debt (SOFR+680, 2030) vs $1.6B prior. Clinical segment 60% growth but lost compounded semaglutide tailwind. Behavioral down 20% YOY. Trading at 90¢ on term loan yielding ~13%. Net leverage <2x.
Read full article (6 min)