Leading market position Geographic diversity Predictable cash flows Favorable demographic trends Narrow business focus Participation in the highly competitive weight-loss industry Substantial debt levels The ratings on WWI reflect the company's narrow business focus, participation in the highly competitive weight-loss industry, and substantial debt levels. These factors are somewhat mitigated by the company's leading market position, geographic diversity, predictable cash flows, and favorable demographic trends. WWI is a narrowly focused provider of commercial weight-loss services. In the U.S. (WWI's largest market), the commercial weight-loss segment represents only about 7% of the highly competitive weight-loss industry, which includes other segments such as self-help weight-loss products, weight-loss drugs, and weight-loss services administered by doctors, nutritionists, and dieticians. Still, WWI is the world's
