Company Of The Day: WW International
What?
WW International (NASDAQ:WW) posted a relatively weak set of Q3 2021 earnings last week, with revenue declining 8% year-over-year to $293.5 million and EPS coming in at $0.65 per share.
Why?
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The company is seeing weaker subscriber numbers for both its digital and studio businesses.
So What?
Despite the weak results, WW rallied by about 6% in Friday’s trading, as investors are likely seeing some value in the stock, which remains down by about 50% from its June highs.
See Our Complete Analysis For WW International
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