Weight Watchers International, Inc. is a leading, global-branded consumer company and 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 meetings 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 2015, the Company had approximately 1.0 million active meeting subscribers, who could attend over 32,000 Weight Watchers meetings around the world, which were run by more than 9,000 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 2015, the Company had approximately 1.4 million active Online subscribers.
Weight Watchers-branded products and services include meetings conducted by the Company and its franchisees, digital weight management products provided through its websites, mobile sites and apps, products sold at meetings, licensed products sold in retail channels and magazine subscriptions and other publications. With over five decades of weight management experience, expertise and know-how, Weight Watchers has been established as one of the most recognized and trusted brand names among weight-conscious consumers.