Can WeightWatchers survive the Wegovy era?

Behind the Money

Topher Forhecz

Markets, Investing, News, Banking, Finance, Business, Business News, Crypto

4.4 • 350 Ratings

🗓️ 10 April 2024

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

WeightWatchers is struggling. Launched in the early 1960s, the brand grew by helping members shed pounds through behavioural change programmes. Then, GLP-1 anti-obesity drugs hit the market, long-time spokesperson and board member Oprah Winfrey announced her departure, and the company’s credit rating was downgraded. FT reporter Anna Mutoh examines whether WeightWatchers’ latest strategy can produce the turnaround investors are hoping for.

Clip from Lionsgate Television

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For further reading:

WeightWatchers faces an era when weight loss comes in a syringe

Behold the Ozempic effect on business

The race to develop the next generation of weight-loss drugs

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On X, follow Anna Mutoh (@anna_mutoh) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more.

Read a transcript of this episode on FT.com

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Transcript

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0:00.0	Am I missing anything? Is this the right decision?
0:02.0	Can I show this data?
0:04.0	Am I too late?
0:05.0	Find clarity in your investment decision-making.
0:08.0	Manage your portfolio for sustainable growth
0:11.0	and regulatory alignment
0:12.0	with the ultimate blend of powerful AI and
0:14.6	industry expertise.
0:16.5	Reduce risk, meet your sustainability goals and push the boundaries of possibilities based on
0:21.1	facts, not opinions.
0:23.0	Clarity AI scaling human decisions through tech.
0:26.6	Visit clarity.
0:28.3	And take action today.
0:30.1	Tricia Bryan has struggled with her weight throughout her life.
0:36.0	So weight has always been a key issue for me ever since I was very, very small.
0:45.4	And I remember trying everything under the sun.
0:50.6	One of the things she tried
0:52.3	was the decades old weight loss program Weight Watchers.
0:56.0	My mom signed me up for it and that was back when the points were you used like a little like paper like cardboard slider type thing to calculate your points.
1:06.6	Goodness.
1:07.6	It was probably toward the end of my high school years, maybe early college, so 2004, 2005.
1:15.0	Today, Tricia is 38 years old and a small business owner living near Atlanta.
	...

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