NEW YORK, May 8, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Weight Watchers International, Inc. (NYSE: WTW), Service Corp. International (NASDAQ: SCI), NutriSystem, Inc. (NASDAQ: NTRI), G&K Services Inc. (NASDAQ: GK) and Bright Horizons Family Solutions, Inc. (NYSE: BFAM). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2194-100free.
--
Weight Watchers International, Inc. Analyst Notes
On April 30, 2014, Weight Watchers International, Inc. (Weight Watchers) reported its Q1 FY 2014 (period ended March 29, 2014). Net revenues went down 16.6% YoY to $409.4 million while net service revenue reached $316.7 million, down 14.8% YoY. Net income stood at $21.5 million, or $0.38 per diluted share, compared with $48.8 million, or $0.87 per diluted share, in Q1 FY 2013. According to the Company, Q1 FY 2014 net income was affected by the Company's acquisition of additional 45% equity interest in its Brazilian partnership, which resulted in recognizing an after tax gain of $6.4 million and the restructuring charges of $2.2 million (after tax) incurred in line with its plan to resize its organization. The Company has revised its full-year FY 2014 earnings guidance to a range of $1.45 to $1.70. The full analyst notes on Weight Watchers are available to download free of charge at:
http://www.analystsreview.com/2194-WTW-08May2014.pdf
--
Service Corp. International Analyst Notes
On April 28, 2014, Service Corp. International (Service Corp.) announced the pricing of its previously announced private offering of $550 million aggregate principal amount of 5.375% Senior Notes due 2024. The Company informed that the notes were priced at par and will bear an interest rate at 5.375% per year. Service Corp. stated that net proceeds from the offering, together with borrowings under its revolving credit facility and cash on hand, will be used to finance the purchase in previously announced tender offers or the subsequent repurchase or redemption of the outstanding 6.75% senior notes due 2015, all outstanding 7.00% senior notes due 2019 of the Company, and all outstanding 6.50% senior notes due 2019 of the Company's wholly owned subsidiary, Stewart Enterprises, Inc. The full analyst notes on Service Corp. are available to download free of charge at:
http://www.analystsreview.com/2194-SCI-08May2014.pdf
--
NutriSystem, Inc. Analyst Notes
On May 1, 2014, NutriSystem, Inc. (NutriSystem) released its Q1 2014 financial results. Revenue reached $122.2 million, up 16.0% YoY. The Company reported net income of $224,000 or $0.01 per diluted share, compared with net loss of $640,000 or $0.02 per diluted share in Q1 2013. Dawn Zier, President and CEO, said, "We are off to a strong start this year and our performance during this diet season in the direct and retail channels enabled us to exceed our revenue and earnings per share expectations for the first quarter and achieve our third consecutive quarter of year-over-year revenue growth." For Q2 2013, the Company expects revenues to range between $106 million and $111 million, and EPS to range between $0.23 and $0.28. For full year 2014, the Company is raising its guidance and expects revenue to be in the range of $392 million to $407 million and EPS to be within $0.57 to $0.67. The full analyst notes on NutriSystem are available to download free of charge at:
http://www.analystsreview.com/2194-NTRI-08May2014.pdf
--
G&K Services Inc. Analyst Notes
On April 29, 2014, G&K Services Inc.'s (G&K Services) announced that its Board of Directors have declared a special cash dividend of $6.00 per share, payable on June 6, 2014 to shareholders of record at the close of business on May 20, 2014. According to the Company, the aggregate amount to be paid in connection with the said dividend approximately amounts to $120 million, funded through a combination of available cash and borrowings under the Company's existing credit facilities. Commenting on the news, Douglas A. Milroy, CEO, said, "This special dividend reflects our continuing confidence in the direction of the company and the ongoing strength of our cash flows. It also displays our commitment to maintaining an efficient capital structure and a disciplined approach to capital allocation." The full analyst notes on G&K Services are available to download free of charge at:
http://www.analystsreview.com/2194-GK-08May2014.pdf
--
Bright Horizons Family Solutions, Inc. Analyst Notes
On May 1, 2014, Bright Horizons Family Solutions, Inc. (Bright Horizons Family Solutions) reported its Q1 2014 financial results. Q1 2014 revenue reached $332.2 million, up 18.6% YoY, while net income registered $16.0 million or diluted EPS of $0.24, compared with net loss of $50.7 million or diluted loss per share of $0.91 in Q1 2013. The Company attributed the increase in revenue from new and ramping full service child care centers contributions, average price increases, and expanded sales of back-up dependent care and educational advisory services. David Lissy, CEO, Bright Horizons Family Solutions, said, "Our full suite of solutions, including child care centers, back-up care and educational advisory services, continues to allow us to expand our relationships with the clients we serve and to help working families better integrate the challenges of work and home across all key life stages." The full analyst notes on Bright Horizons Family Solutions are available to download free of charge at:
http://www.analystsreview.com/2194-BFAM-08May2014.pdf
--
About Analysts Review
We do things differently. Our goal is to provide the best content to our exclusive membership. We are constantly hiring researchers, writers, editors and analysts to add to our team and become better than yesterday. If being a part of a fast growing community with an edge in today's market sounds interesting to you, then sign-up today and experience the full benefits of membership.
===============
EDITOR'S NOTES:
===============
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.analystsreview.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.analystsreview.com for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Analysts Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
AnalystsReview.com
SOURCE Analysts Review
