Ahead of the print, WW shares are flat on a three-month basis. Last quarter, the global wellness company reported mixed results with a revenue miss. WW cited declines in workshop fees and overall product sales as a result of COVID-19 pressures. Investors are also anxious about up-and-coming players like weight-loss app Noom<\/a> and food-tracking monitor Lifesum.<\/span><\/p>\n But despite the revenue shortfall, analysts praised WW\u2019s pivot to a digital-first world. That included WW shutting down studios and ramping up digital health and wellness services (which boast higher profit margins). Plus WW\u2019s total subscribers rose 5% in Q3 to a record 4.7M. Most impressively, digital subscribers soared 23.5% year-over-year (YoY), with <\/span>eCommerce sales rising 300%<\/span><\/a>.\u00a0<\/span><\/p>\n According to CEO Mindy Grossman, \u201cAll of WW’s 4.7 million members utilize our digital platforms, with over 80% of our members being digital-only and 20% having both digital and workshop, whether virtual or physical access.\u201d So did this strategy continues to pay off in the fourth quarter?\u00a0<\/span><\/p>\n Using Similarweb\u2019s powerful <\/span>investment analytics<\/span><\/a> we can track WW\u2019s key <\/span>digital data trends<\/span>. Let\u2019s take a closer look now.<\/span><\/p>\n Our data suggests that:<\/span><\/p>\nKey Takeaways\u00a0<\/b><\/h2>\n
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