Financial Results, Notes Pricing, and Special Dividend - Analyst Notes on Weight Watchers, Service Corp., NutriSystem, G&K Services and Bright Horizons Family Solutions

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.

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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

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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

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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

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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

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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

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