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

Mon Jun 17, 2013 8:00am EDT

* Reuters is not responsible for the content in this press release.

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

PR Newswire

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 at: [http://www.WSReports.com/r/full_research_report/fb0b_ULTA]

--

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 at: [http://www.WSReports.com/r/full_research_report/efe9_HRB]

--

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: [http://www.WSReports.com/r/full_research_report/019f_WTW]

--

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: [http://www.WSReports.com/r/full_research_report/3a25_BFAM]

--

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: [http://www.WSReports.com/r/full_research_report/892a_STEI]

----

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 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 pubco@EquityNewsNetwork.com.
  5. For any urgent concerns or inquires, please contact us at compliance@EquityNewsNetwork.com.
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com 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.

SOURCE Wall Street Reports

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.