Weight Watchers International, Inc.
The Company believes it is the world’s leading commercial provider of weight management services, operating globally through a network of Company-owned and franchise operations. In the more than 50 years since its founding, the Company has built its business by helping millions of people around the world lose weight through sensible and sustainable food plans, activity, behavior modification and group support. As of the end of fiscal 2016, the Company had approximately 1.1 million active meeting subscribers, who could attend approximately 32,000 Weight Watchers meetings around the world, which were run by approximately 8,800 leaders—each of whom lost weight on the Company’s program. The Company also believes it is the leading global provider of paid digital subscription weight management products. As of the end of fiscal 2016, the Company had approximately 1.5 million active Online subscribers.