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Market Expansions, Product Innovations, New Contracts and Cost-Reduction Initiatives Expected to Yield Steadier Gains - Research Report on Whirlpool, Nu Skin, JAKKS, Select Comfort, and iRobot

Editor Note: For more information about this release, please scroll to bottom


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Analysts' Corner

Jul 24, 2013, 08:25 ET

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NEW YORK, July 24, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Whirlpool Corp. (NYSE: WHR), Nu Skin Enterprises Inc. (NYSE: NUS), JAKKS Pacific, Inc. (NASDAQ: JAKK), Select Comfort Corp. (NASDAQ: SCSS), and iRobot Corp. (NASDAQ: IRBT). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Whirlpool Corp. Research Report

On July 19, 2013, Whirlpool Corp. (Whirlpool) reported its Q2 2013 financial results with GAAP net earnings of $198 million, or $2.44 per diluted share compared, to $113 million, or $1.43 per diluted share in Q2 2012. Adjusted diluted EPS improved to $2.37, compared to $1.55 in Q2 2012, driven by increased revenue, cost productivity and cost and capacity reduction initiatives. Net Sales were up 5.3% YoY to $4.7 billion. Jeff M. Fettig, Chairman and CEO of Whirlpool Corporation, said, "Sales increased in every region of the world as we continued to expand margins." He further added, "Our financial results reflect increased demand for our innovative products and continued benefits from our margin expansion actions." The Company also revised its full-year 2013 diluted earnings per share guidance to $10.05 to $10.55 and full-year adjusted earnings per share guidance to $9.50 to $10.00 range. The Full Research Report on Whirlpool Corp. - 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/5e55_WHR]

Nu Skin Enterprises Inc. Research Report

On July 18, 2013, Nu Skin Enterprises, Inc. (Nu Skin) announced that China's Ministry of Commerce granted the Company an official notification to start direct selling activities in five additional provinces and 30 districts According to Nu Skin, this is the sixth time that the Ministry of Commerce has granted Nu Skin new direct selling licenses. "We are pleased that China's government has granted us authorization to expand our direct selling activities into additional provinces and districts," said Truman Hunt, President and CEO. He further added, "We are accelerating our infrastructure plans, including tripling the number of stores and sales support centers by 2015 as opposed to 2017 as previously announced." The Full Research Report on Nu Skin Enterprises 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/4acf_NUS]

JAKKS Pacific, Inc. Research Report

On July 17, 2013, JAKKS Pacific, Inc. (JAKKS) reported its Q2 2013 financial results with net sales of $106.2 million compared to $145.4 million in Q2 2012. The Company's reported net loss of $46.9 million, or $2.14 per diluted share compared to net income of $0.2 million, or $0.01 per diluted share in Q2 2012. According to Stephen Berman, President and CEO of JAKKS Pacific, sales decline were primarily driven by decrease in orders by retailers and poor performance of several of the Company's key properties along with unusually cool weather that affected seasonal toy sales. He stated, "We are making key, targeted moves to align operations, drive productivity and support innovation with the objective of returning the Company to profitability in 2014." The Company expects full-year net sales of approximately $620.0 million, with revised loss per share in the range of approximately $56.1 million, or $2.56 per diluted share. The Full Research Report on JAKKS Pacific, 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/b2bc_JAKK]

Select Comfort Corporation Research Report

On July 17, 2013, Select Comfort Corp. (Select Comfort) reported its Q2 2013 financial results with net sales of $207 million compared to $205 million in Q2 2012. The Company's operating income totaled, $15.1 million, compared with $25.9 million in Q2 2012. Earnings per diluted share were $0.18 compared to $0.30 in Q2 2012. "During the quarter, we experienced sequential monthly sales improvement and strengthened performance as we re-established our proven media-buying formula," said Shelly Ibach, President and CEO, Select Comfort. The Company maintained its outlook for full-year 2013 with GAAP earnings per diluted share of between $1.30 and $1.45. The Full Research Report on Select Comfort 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/1b27_SCSS]

iRobot Corporation Research Report

On July 11, 2013, iRobot Corp. (iRobot) announced that it has been awarded a $30 million contract by the U.S. Army's Robotic Systems Joint Program Office (RSJPO). The four-year contract will allow the delivery of iRobot PackBot FasTac robotic systems and associated spares. "iRobot is proud to provide robotic capabilities that help our warfighters accomplish their mission," said Frank Wilson, Senior Vice President and General Manager of iRobot's Defense & Security business unit. "The Army recognizes the value of the PackBot FasTac robotic system on the battlefield, and we look forward to continuing our work with RSJPO to ensure the Army is well equipped to maintain its fleet of PackBot FasTac robots in the years ahead." According to iRobot, under the contract a $3 million order has also been placed and deliveries will be completed by the end of Q4 2013. The Full Research Report on iRobot 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/405c_IRBT]

EDITOR 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 fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to making 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 [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] 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 Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network 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

Equity News Network 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

Equity News Network 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 Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network 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.

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