Ww international provides update on strong momentum in digital trends, studio reopening plans

Ww international provides update on strong momentum in digital trends, studio reopening plans, and amended revolving credit facility.ww international - subscribers as of june 6, 2020 totaled 4.9 million, up 7% from june 8, 2019.ww international - phased reopening of certain studio locations now underway.ww international - anticipate approximately 400 studios in u.s. will be open by june 30.ww international - digital member signup trends accelerating since mid-april on a yoy weekly basis.ww international - increased revolving credit facility commitments to $175 million.ww international - total global recruitments returned to growth on weekly basis, beginning in middle of may.ww international - revenue from studio subscriptions, in-studio product sales continue to be pressured in q2.ww international - anticipates digital subscription revenues to increase as a percentage of revenue mix in q2.ww international - on june 5, 2020, ww fully repaid loans outstanding on its revolver.ww international - had a cash balance of $127 million, as of june 5.
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