Not sure about new CMO, $WW was not a good ride, however, she inherits a company with trends for dog ownership spiking in the last couple of years. The company is getting more value from each customer. These two things combined should add up....
C
Oprah sold most of her shares in the $40s. She only has roughly 1Million Shares left.
D
Sell...Sell...Sell.. going to $4
C
So they are going to refocus on the Weight Watchers brand and remove the damage caused my Mindy's "Wellness that Works" disaster. If the can get Oprah back on board, this could have a bright future again. The new CEO was honest and understandable. I'm buying today
R
I see some posters are now quoting me. Amazing--- I did say that based on earnings and trading I was keeping my put position, and that $7 was possible. A large fund or hedge fund is selling today. I don't know if its Oprah, if it is we will all know in a few days. Nothing would surprise me, although why sell at 8, she could have unloaded all at 20+.. Poor trading, nothing is going to hold this up.
L
If we are still around by then it will take 4-6 quarters to get back to where we were in the $20s.
G
oh,,,wait till surprise numbers come out,,the shorts will run and move ww up 2 to 3 dollars.
R
$298 M in revenue in line, loss better then expected. subscription revenue DOWN.
R
somebody likes something but volume is light. not convinced.
C
This company doesn’t need Oprah to survive and do well… duh. This economy will flush the profitless new incumbents and the recognizable Brands survive. Not a bad bet here at roughly 8x this years earnings. Shares will launch when co shows it can stabilize metrics.
C
Well Mindy certainly "transformed" WW. Expecting more downside after the quarterly report.
R
FY 2022 revenues are expected to be in the range of $1.09 billion to $1.14 billion. I remember Mindy and her ambitious 2 Billion Revenues plan. What happened? now we just barely at 1B??? Good luck
R
everybody ready for earnings? New CEO will get a pass anyway. this is Mindy's quarter. and I suspect some poor numbers. Will be interesting to hear about strategy of new CEO and what she has planned. Anything can happen, but is all bad news priced in? No idea..
G
Ha,,now its gonna Fly,oprah coming in for second round double dip again,back to 50,100
C
Not very good. Mindy's "transformation" is still working !!!
S
Remember what Matt said.. "$7".. its headed for $7. I read his posts.. been very good.
R
Leverage going up in a rising interest rate environment? POOR
Related specifically to Q2, we expect revenue to be down in the mid to high single digits with gross margin percent and marketing spend comparable to last year.
Turning to the balance sheet, we ended Q1 with approximately $128 million of cash plus an undrawn revolver. Q1 net debt to EBITDA leverage ratio was 4.6x, up slightly from 4.5x at year end. While our leverage ratio is likely to increase in the quarters ahead, we expect to use excess cash flow generation to repay debts.
G
shorts gotta run now,, Reversal is on charts,, looks to hit 14 soon.
S
rumor making its way through the system is that Oprah is selling. Not confirmed. this is headed to at least 7. That matt guy has been right, why doubt it?
going to $4
I remember Mindy and her ambitious 2 Billion Revenues plan. What happened? now we just barely at 1B??? Good luck
and I suspect some poor numbers. Will be interesting to hear about strategy of new CEO and what she has planned. Anything can happen, but is all bad news priced in? No idea..
Related specifically to Q2, we expect revenue to be down in the mid to high single digits with gross margin percent and marketing spend comparable to last year.
Turning to the balance sheet, we ended Q1 with approximately $128 million of cash plus an undrawn revolver. Q1 net debt to EBITDA leverage ratio was 4.6x, up slightly from 4.5x at year end. While our leverage ratio is likely to increase in the quarters ahead, we expect to use excess cash flow generation to repay debts.
That matt guy has been right, why doubt it?