Strategic Actions, Financial Results, New Appointments, and Partnerships - Research Report on Sears, Outerwall, Nutrisystem, Weight Watchers and Orbitz
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NEW YORK, November 1, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Sears Holdings Corporation (NASDAQ: SHLD), Outerwall Inc. (NASDAQ: OUTR), Nutrisystem, Inc. (NASDAQ: NTRI), Weight Watchers International, Inc. (NYSE: WTW) and Orbitz Worldwide, Inc. (NYSE: OWW). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Sears Holdings Corporation Research Report
On October 29, 2013, Sears Holdings Corp. (Sears Holdings) announced strategic actions aimed at improving its financial flexibility. The Company announced the sale of five store leases to Cadillac Fairview Corporation Limited for a total consideration of CAD400 million. Sears Holdings stated that it will evaluate its stores in the context of its Integrated Retail Strategy, and expects to improve its financial performance by removing unprofitable locations, and redeploying the capital tied up in those locations. The Company added that it is also evaluating the separation of its Lands' End business and Sears Auto Center business, enabling both to pursue their own strategic opportunities. In another announcement on the same day, Sears Holdings reported that its comparable store sales for the twelve-week period ended October 26, 2013 declined 3.7%, with a decline of 4.8% for Sears Domestic stores and 2.6% for Kmart stores. The Company further informed that it plans to release its Q3 2013 financial results on or about November 21, 2013, before the market opens. The Full Research Report on Sears Holdings Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/e176_SHLD]
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Outerwall Inc. Research Report
On October 24, 2013, Outerwall Inc. (Outerwall) reported its Q3 2013 financial results. Revenue increased 9.3% YoY to $587.4 million. Net income for the quarter totaled $82.7 million or $2.95 per diluted share, compared to $36.8 million or $1.14 per diluted share in Q3 2012. Galen C. Smith, CFO of Outerwall Inc., commented, "We remain focused on driving profitable growth and maximizing free cash flow by creating greater operating leverage in our core businesses and reducing costs across the enterprise. We are making progress, having already reduced our costs in the fourth quarter." For full-year 2013, the Company expects consolidated revenue between $2,303 and $2,328 million and core diluted EPS between $4.89 and $5.04. The Full Research Report on Outerwall Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/b53c_OUTR]
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Nutrisystem, Inc. Research Report
On October 28, 2013, Nutrisystem, Inc. (Nutrisystem) reported its Q3 2013 financial results. The Company reported total revenue growth of 5.0% YoY to $85.4 million. Adjusted EBITDA for the quarter grew 8.0% YoY to $9.6 million. Adjusted net income totaled $4.3 million or $0.15 per diluted share, compared to $2.9 million or $0.10 per diluted share in Q3 2012. Dawn Zier, President and CEO, said, "We are pleased with the continued progress of our turnaround. The year-over-year growth in acquisition revenues and customer starts across all channels for the quarter is a strong sign that our strategy is beginning to take hold." For Q4 2013, the Company expects EPS in the range of ($0.02) to $0.02 and YoY revenue growth in mid-single digits. The Full Research Report on Nutrisystem, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/8626_NTRI]
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Weight Watchers International, Inc. Research Report
On October 25, 2013, Weight Watchers International, Inc. (Weight Watchers) announced new executive appointments. The Company informed that Lesya Lysyj has been named as President, North America, with effect from November 25, 2013; and Dan Crowe has been appointed as Chief Technology Officer, with effect from November 5, 2013. Weight Watchers stated that both appointees will report to President and CEO Jim Chambers and will also serve as members of the Weight Watchers Executive Committee. The Company informed that prior to joining Weight Watchers, Ms. Lysyj served as Senior Vice President and Chief Marketing Officer, Heineken USA and Mr.Crowe worked as Global Relationship Partnerwith IBM Global Business Services, Commenting on the appointments, Jim Chambers, stated, "I am thrilled to be furthering the momentum of our leadership team with the appointment of these accomplished, world class executives. Both Lesya and Dan will play crucial roles in helping us transform our business and advance our mission of helping more people lose more weight. I am confident Lesya and Dan will make immediate contributions to the performance of our business and their extensive leadership experience will further strengthen our organization." The Full Research Report on Weight Watchers International, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/0c9f_WTW]
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Orbitz Worldwide, Inc. Research Report
On October 15, 2013, Orbitz Worldwide, Inc. (Orbitz) reported that its private label division, Orbitz Partner Network, now powers hotel booking functionality for EVA Air, in a partnership that covers 10 international websites in a variety of languages. Ronnie Gurion, president of Orbitz Partner Network, commented, "Our partnership with EVA Air provides an important foothold in the Asia Pacific region, which will soon be the world's largest travel market. EVA Air customers will now have access to our global hotel inventory in over 15,000 cities across more than 180 countries, giving them access to world class hotel accommodations regardless of their final destination." The Full Research Report on Orbitz Worldwide, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/d914_OWW]
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