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Strategic Actions, Financial Results, New Appointments, and Partnerships - Research Report on Sears, Outerwall, Nutrisystem, Weight Watchers and Orbitz

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


News provided by

Analysts' Corner

Nov 01, 2013, 09:00 ET

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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]

--

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]

--

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]

--

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]

--

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]

----

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 Namrata Maheshwari, a CFA charterholder. 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 [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 represented by Namrata Maheshwari, CFA, has 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.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

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