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Weight Watchers International (WTW) Q1 2018 Results - Earnings Call Transcript

May 03, 2018 11:19 PM ETWW International, Inc. (WW)
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Weight Watchers International, Inc. (WTW) Q1 2018 Earnings Call May 3, 2018 5:00 PM ET

Executives

Corey Kinger - Weight Watchers International, Inc.

Mindy F. Grossman - Weight Watchers International, Inc.

Nicholas P. Hotchkin - Weight Watchers International, Inc.

Analysts

Alex Joseph Fuhrman - Craig-Hallum Capital Group LLC

Kara L. Anderson - B. Riley FBR, Inc.

Frederick Wightman - Citigroup Global Markets, Inc.

R.J. Hottovy - Morningstar, Inc. (Research)

Frank Camma - Sidoti & Co. LLC

Operator

Good day, and welcome to the Weight Watchers First Quarter 2018 Earnings Conference Call. All participants will be in listen-only mode. After today's presentation, there will be an opportunity to ask questions. Please note this event is being recorded.

I would now like to turn the conference over to Corey Kinger, Investor Relations. Please go ahead.

Corey Kinger - Weight Watchers International, Inc.

Thank you, Cameron, and thank you to everyone for joining us today for Weight Watchers International's first quarter 2018 conference call. At about 4:15 PM Eastern Time today, the company issued a press release reporting the first quarter 2018 results.

The purpose of this call is to provide investors with some further details regarding the company's financial results as well as to provide a general update on the company's progress. The press release is available on the company's corporate website located at weightwatchersinternational.com. Reconciliations of non-GAAP measures disclosed on this conference call to the most directly comparable GAAP financial measures are also available as part of the press release.

Before we begin, let me remind everyone that this call will contain forward-looking statements. Investors should be aware that any forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from those discussed here today. These risk factors are explained in detail in the company's filings with

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