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WW International, Inc.
Q22022
8/4/2022
Amy
Chief Financial Officer
actually increased our estimate for the restructuring charge is actually increased to 27 million we took 19 million of the restructuring charge in q2 but importantly we've updated or increased our estimate of annualized savings on that so last time for the i think it was 16 to 22 million we expected we were going to deliver 30 of annual savings we've taken it to 27 we think we're going to be able to deliver 35. And so I'm quite pleased that we got ahead of that out of the gate here. And I think we'll obviously see the benefit of the full year impact of that going into 2023. And so, I mean, related to the restructuring itself, you know, we talked to you guys back in early May. We were just starting to execute on the plan. And as we got into the details, looking for cost synergies, we did think there was more there. So we went ahead and increased our estimate.
Chris Neiman
Analyst
Okay. Fair enough. Thank you.
Operator
Conference Operator
And our next question will come from Stephanie Wisnik with Jefferies. Please go ahead.
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