as pleased to her to January, of the her the as team. Felicia you and all Felicia CFO experience of for on Thank WeightWatchers part extensive financial us first we're joined you, and call. to joining thank welcome leadership and from thrilled David. I'm us today, strategic benefit officially Xst WeightWatchers earnings And
their thank this WeightWatchers, passionate our to as transitioning lead team. a the President and seen my release, time. very our you to of and to and earnings have X CEO with Directors the role together the of our months. interim in talented addition, in over In today like call as at forward last press to such forward I from may my I'm incredible pleased continuing look business Board and for drive leadership critical of our brand trust iconic company I'd
long-term, in to reshaping fundamentally weight adoption of impact years. disruption to share recent rapid we're many the in-person COVID-XX thinking the landscape. Ahead to numbers, lay workshops our recent like the WeightWatchers the forward management of weight and lasting significant work to The of in and led and we through about moving business, loss you growth. Felicia taking we're medication cases, where stabilize I'd sustainable GLP-X the experienced closures trends focused some has widespread as permanent and back of path how is
last period transition Over have fourth continues the down by down partially our however, XX% behavioral licensing XX%, to scaled period Clinical back growth quarter which challenging activities products our XX% offset, of in and a same healthy changes same the with year, these created business, on be revenue, our in evidenced our business. we period, wound focus operations. business, Collectively, down international for consumer reduced the our from business a
reason Despite important. relevant years we XX foundation challenges more and or has was the ago the recent built been of WeightWatchers which never upon times, exist core the
by a more powerful weight than leader healthiest to just lives. tools. and management, communities, As digital lead We're in We digital combine to the active, trusted exist in science engaged player. life, telehealth millions help real continues community fostering their WeightWatchers supported
build ability on to weight including or coming proven those for is lifelong, approach well off medication. in members healthy science-backed its help loss Our members habits,
solutions our most ever are into integrating this part where are and than world our believe people them embrace in results, WeightWatchers of more sustainable, sustainability considering treatment seeking holistically, those excels. who yet a journeys. their is will where long-term We successful In lives medication, members as of daily also be livability
This us future. the a for gives platform strong foundation powerful
our XXXX, driven million we XXXX the which We However, recognize business already XXXX majority the the current starting and capital a of of ending with our At also approximately to headwind existing run $XXX landscape, the subscriber committed end of base. removing work costs the $XX in a realities of structure actioned. has same been of ahead. we time, the by rate lower challenges entered vast revenue million, by
$XXX XXXX of sustained we where for future lay While our we That evolving the time and term transformations results approximately unique ongoing competitive believe point, take starting market. these multiple said, factors take We a significant year not hold one innovation. a recovery on our over to in of million mid- stabilization, is and a groundwork interest growth. the focus have position annual speed burden this which of necessary in is ultimately this payments levers in the and least growth long existing and debt, to shape significant for reset, rebuilding and company, they investment period
in presented key some of on the touch limitations we'll leverage, Despite the today. across our business current priority our are progress which teams several by driving areas,
Today, disjointed member call, areas is sign-up our an various last through key unclear, journey member you a the focus, initial complicated staying once the be immediate with and more of should of is it our of components experience. program mentioned member. than end-to-end a One on from becoming those improving as WeightWatchers are
a to streamline and integrating breadth of the and work full showcasing a priority. plan friction ensuring has and engaging better seamless, foundational our experience all continues team offerings. is to top essential more This unnecessary intuitive and to simplify radically our product this eliminating Our be members clear and experience, a for
April members weight loss. as also journey our a in well in important Sequence Health, exciting existing to integration and our terms for as was of integrate critically improved and this in acquired area of meet high-demand, business, known how to XXXX. of member presents allowing we high-growth, Part as it initiative We new us, a new Clinical how acquisition involves teams This us internally. functions Weekend both
only of is completing we're business However, year. fully this through this it priority a and partway the integration for
in solutions. power because This believe full of across we the continuum a our for a is journey increasing creating of seamless important of members, extensive care spectrum our
across them We they WeightWatchers Our we behavioral each and do broader members together. journey, complement better. this when clinical offerings that other strengthen and know engage when bring
management more alone. medication Case in weight XX% medication, point, combined than members those our weight on program, lose on behavioral with
on. stay do to nor often ability But the know to always come they putting We they're weight forever off, also due on wants pay that not have about price to point. the medication they back worried everyone when
internal only the behavioral However, in they in to did that when from keep program, also study, our continued but who a saw weight they transitioned our members, our not measurement clinic recent weight we to engage continue lose program off, period. that over
power growth true members. percentage breadth is year fully of WeightWatchers to outcomes. to both full focused significant ultimately and and all simplifying utilize our There the presenting our engagement full small our access breadth we superior member a we're of continuum showcasing, experience only over this can of stronger experiences offering, the of members to care, solutions for on proven product our leading By Currently, and in a that deeper educating opportunity. the of forefront bringing full offer, we better drive and time,
tracking into weight months, deeper enhance lifetime leading engagement increasing more product value. include easy we importer tracking in personalized launched not to new points a offerings photo, discovering but the an recent allows utilizing within and our feature. easier, much macro integration, continue for requested management app scanner a instantly that These In from Beyond make and also food also supports AI-powered and online several features only we and peak sustainable. to recipes with an recipe a expand more and focus designed the that on season, calculates members nutrient
fast driving food scanner, already million has in since meals the almost million X% and using increase tracked approaching tracked encouraging with feedback Early launch. a macros X X recipes imported been
value into new tracked, rate engaged that year our be of pleased directly challenging as with see traction work highest impact of the positive to well survey to since encouraging, engagement members, across Collectively, actively something As and positively can members recently translated not for providing metrics. we're this activation the for XXXX, many features brand January the start together do. these our of who've
business. indicators don't the will and for members, like revenue, While and an leading These in incremental how new these metrics commitment are or subscription part of ongoing types critical reengagement forward our important subscribers revenue a engagement, brand immediately continue a value and innovations translate drive of positive integral we are recurring to features moving future. for to new improving
into data more more proactive vast the continued lean on have see data to our value to strategy, well future. placed also our in We come amounts and opportunities AI opportunities in being of disposal we long and much real over the broader personalization at much here. More for term are very but other value-creation aggressively
but we expanded with cash credential keep to only the clinical ability expected As all us insurance members been dietitians both well in pay previously dietitian expanded than positive, on as Uptake faster recently to a basis. member U.S. up available the covered was members, and our to December an scale has requiring to to demand. registered access improvements existing to This product, services. for one-on-one
coverage While course, here small as business members opportunity moving a service. of we particularly forward, our of feel the for existing current today, insurance is, this about type growth half overall our good of of part have this for approximately
start medication, as for important expect WeightWatchers as checks and state-of-the-art, is to pleased and years, over enterprise-level and we members we both sets coming an apart of Our weight access conduct fulfillment. per strong medications, help transactional sometimes well of authorization a return fourth loss members prescription. supported of day care. filing level seamless, business more branded growth prescribes thousands QX. real-time performance an generic obtaining were a with increasingly Through quarter find by Clinical AI-enabled to WeightWatchers platform hours stock in market, the proprietary receive support This prior tech-enabled to easily of part our our our Clinic how within we to to ensuring process,
always Above WeightWatchers. at access cared about all, we've
that's And or our clearly provided improved clinicians. the access retention whether we've remains both access with to behavioral both year members; NPS science-backed our by impacted nutritional and members' to guidance, by care a to meaningfully to life-changing years, our same, significantly ago access these metrics For medications important versus care and it's clinical and to have approach obesity-trained clinical to access medication.
week no is longer GLP-X semaglutide, call determined in that one the on supply. medications, I'm that the the FDA last sure short everyone this announcement saw of
GLP-X have branded time, XXX,XXX However, quarter demonstrated in These Of and fourth significant checks in our the quarter, in of stock stock the and supply of nearly challenges monitoring fourth and remained respectively. conducted X% availability checks just were in levels throughout the our branded supply January medications. in efforts the February. consistent semaglutide continuing tirzepatide accessing X% pharmacy
a providing to in communicated, applicable with consistently carefully medication we've future. to Accordingly, manner we're and the As and implications in members the that's ability semaglutide our regulations. decision we're compliant access FDA's monitoring our impact provide committed compounded to the laws potential of on all
expansion strong long-term fueled conviction the in the innovation, of market, supply by weight growing loss treatment. in health insurers recognition and benefits obesity of have from downstream increasing We medication of potential the investment continued
coming our our years. capabilities also the for growth, a BXB key support direct-to-consumer Beyond expansion, focus
time, to personalized this, they lifestyle employers While support new Personify first partner, months. comprehensive We're loss seeing lead utilization and within this pressure in XXXX care. above that our In our management And weight lives. our evaluating partnership medications. are solutions couple XX% seek business with has coaching reached has a utilization has through medication weight increasingly payers nearly under and cover of combine longer of promising a traction new space. already now eligible Labcorp, this XX% client growing
chronic allowing through programs, conditions. we December, effectiveness personalized while in with expanded and integrate of our cost optimizing clinical relationship our managing nutrition and the clients of to CVS, employer Additionally, weight-related coaching GLP-X behavioral CVS Caremark
that equally alongside on how discounting. allocated that focused reliance top growth. profitable priority, growth A while a operate dominant revenue are marketing, portion heavy we is on want a long-term, paid significant grown we to to increasingly strategy line of I has a underscore remains revenue to optimizing our drive
the to model long will and While be promotions growth. away term. foundation our brand and over offerings the growth in trade-offs, of the strength, proven differentiated their our brand Transitioning and effectiveness program, outcomes community this time organic have of the we're confident strength our our sustainable fuel trust should the from in of place, take and
well the Alongside the modern more one towards celebrates these shifting and WeightWatchers as real-life unique efforts, we're modernizing strengths our aesthetic, and of and that powerful also bolder, marketing, elevating confident a during success experiences showcased message, stories simplified, members. our of of proud peak the through model. particularly season, which I'm of unified a full work our care team's incredible highlighting spectrum member as authentic
by both in welcoming Additionally, recently talent, our teams. our influencer social new top-tier and our capabilities strengthening we're leadership including
significant taken by over when Over to stop the remain the past work rate in by our run XX% and prior million cost, We committed XX but out G&A adjusted of XXXX, comparing our previously achieve end $XXX savings cost years, there. to months XXXX. track on we've reducing XXXX in doesn't
and integration, across we're our efficiency the Weekend to spend a addition Health resourcing, In to of unlock greater effectiveness. conducting operations and business review comprehensive
of operations. company, we're adoption automation and the engineering, In and the across systems AI-driven marketing, and support solutions organization. functions disparate multiple, integrating member increasing including parallel, product, existing actively example, across For
team date never the the It however, amount give to savings, of cost gross in margin quarter on of work credit evidenced near-record is, a XX.X%. for fourth adjusted easy. which these I hard huge is a
adjusted since both XX.X%, XXXX. third highest which was of was the operating the level adjusted income quarter addition, XX% In EBITDAS margin and margin represent
While growth, will expectations. journey and and and committed and clear we're essential towards beyond long-term This near-term extend it's our to set XXXX, realistic path takes transformation know meaningful that ambitious recovery we that time. we
requires the our same investment, current stabilization, deployment recognize of term immediate both positioning our on and will as in but sustained, the we remains Our At success. long-term others as WeightWatchers require capital. for focus priority on balance discussed well for near the financial must future growth, is of vision, executing Many we've opportunities on these firmly our that the we sufficient horizon obligations. realities initiatives and of with time,
is fully margin, gross end strategy advisers we by the to our almost our taking ago to help weeks high particular model capital XXXX of our of financial of strain that balance This and why we questions anticipate few capital-light, benefit subscription lenders the flexibility, that a We and forward. with explore engaged to business won't moving bondholders our strategic underpins announced offset this The discussions today cash-generative is transactions topic. in cost increase be sheet. and assess us towards we structure our our publicly engaging on
impacting million and a their of in in legacy community on Rooted weight weight over science a innovation, have loss leader trusted As XX a we a we management, and passionate best-in-class journeys. years proven results X positively globally of members. millions are with brand of
but the solutions broad Our drive take of unique through ones a that, to for opportunity wherever members are WeightWatchers, hand impact. their exciting spectrum they I'll These With to to are on over us us proven lasting challenging Felicia financials. nonetheless. times giving meet journey,
