Strong Sales Performance, Solid Margins, and M&As for Improved Shareholder
Value - Research Report on Ulta Beauty, H&R Block, Weight Watchers, Bright
Horizons, and Stewart Enterprises
NEW YORK, June 17, 2013
NEW YORK, June 17, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Wall Street Reports announced new research reports highlighting Ulta
Salon, Cosmetics & Fragrance, Inc. (NASDAQ: ULTA), H&R Block, Inc. (NYSE:
HRB), Weight Watchers International, Inc. (NYSE: WTW), Bright Horizons Family
Solutions, Inc. (NYSE: BFAM), and Stewart Enterprises Inc. (NASDAQ: STEI).
Today's readers may access these reports free of charge - including full price
targets, industry analysis and analyst ratings - via the links below.
Ulta Salon, Cosmetics & Fragrance, Inc. Research Report
On June 11, 2013, Ulta Salon, Cosmetics & Fragrance, Inc. (Ulta Beauty)
released its Q1 FY 2013 results (period ended May 4, 2013). Net sales were up
22.9% YoY to $582.7 million. Net income was up 20% YoY to $41.8 million.
Diluted EPS was up 20.4% YoY to $0.65. "We are pleased to announce a strong
start to fiscal 2013, with better than expected sales and margin performance.
We are on track to add 125 stores this year, and continue to drive outstanding
new store productivity. We opened Clinique boutiques in eight more stores,
ending the quarter with 51 stores offering Clinique products, with further
expansion planned for the rest of the year," said Dennis Eck, Interim CEO of
Ulta Beauty. "Ulta.com delivered 70% sales growth during the quarter and we
are looking forward to launching our redesigned e-commerce platform this fall.
The team is executing our growth strategies very well, and our outlook for
continued market share gains is excellent," The Full Research Report on Ulta
Salon, Cosmetics & Fragrance, Inc. - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
H&R Block, Inc. Research Report
On June 12, 2013, H&R Block, Inc. (H&R Block) released its full-year FY 2013
results (period ended April 30, 2013). Revenue was up 0.4% YoY to $2.9
billion. Net income was up 34.4% YoY to $465 million. Bill Cobb, H&R Block's
President and CEO, commented, "Considering the challenges the industry faced
this tax season, we're pleased to have executed well and delivered improved
profits." Cobb added, "While there is opportunity for improvement, we remain
committed to our long-term strategy of balancing client acquisition with
earnings growth. Consistent with this strategy, we made a number of decisions
this year to optimize our promotional offerings and distribution channels in
both the assisted and digital do-it-yourself categories. Though some of these
actions negatively impact total client volume, we improved overall
profitability, while maintaining our overall share of the U.S. market." The
Full Research Report on H&R Block, Inc. - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
Weight Watchers International, Inc. Research Report
On May 2, 2013, Weight Watchers International, Inc. (Weight Watchers) released
its Q1 FY 2013 results (period ended March 30, 2013). Revenues were down 3.3%
YoY to $486.9 million. Operating income was up 0.3% YoY to $103.1 million. The
Company reported that net income was down 10.7% YoY to $48.8 million while
diluted EPS was up 17.7% YoY to $0.87. David Kirchhoff, CEO of Weight
Watchers, said, "As we previously indicated, the winter diet season proved to
be challenging for recruitment across our businesses given a weak consumer
backdrop and an intensely competitive environment. In response, we have made
several adjustments to improve our position in the market with consumers,
including new advertising campaigns." 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:
Bright Horizons Family Solutions, Inc. Research Report
On May 9, 2013, Bright Horizons Family Solutions, Inc. (Bright Horizons Family
Solutions) released its Q1 2013 results. Revenue was up 8.5% YoY to $280.1
million. Adjusted income from operations was up 13% YoY to $29 million.
Adjusted net income was up 85% YoY to $16 million. Diluted adjusted EPS per
pro forma common share was up 56% YoY to $0.25. David Lissy, CEO of Bright
Horizons Family Solutions, said, "We delivered strong organic growth,
including 11 new center openings, and continued our track record of margin
improvement. Our full suite of solutions, including 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 Research Report on Bright Horizons Family Solutions, Inc. - including
full detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
Stewart Enterprises Inc. Research Report
On May 29, 2013, Stewart Enterprises Inc. (Stewart Enterprises) announced that
it has entered into a definitive merger agreement with Service Corporation
International (SCI), under which SCI will acquire Stewart Enterprises in an
all-cash merger with a total enterprise value of approximately $1.4 billion.
"Our board of directors and management team believe that the merger with SCI
offers superior value for our shareholders. We are looking forward to becoming
part of an organization that shares our Best-in-Class vision of caring for
families at their time of need. Our combined resources will make us accessible
to more families throughout the U.S. and Puerto Rico," said Thomas M. Kitchen,
President and CEO of Stewart Enterprises. The Full Research Report on Stewart
Enterprises Inc. - including full detailed breakdown, analyst ratings and
price targets - is available to download free of charge at:
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