Related: Popular whiskey brand files Chapter 11 bankruptcy Now that it's easier to lose weight through medicine, consumers may be less likely to embrace weight-loss programs that focus on diet and nutrition.

Reuters reported in April 2025 that WeightWatchers' stock, which traded as high as $100 in 2018, lost most of its value last year as the company faced revenue declines, liquidity concerns, and celebrity shareholder Oprah Winfrey's decision to exit its board.

The well-known and popular diet company, which assigns point values to foods, was founded more than 60 years ago.