Nutrisystem Announces First Quarter 2016 Financial Results, Exceeding Expectations

Company Reports 18% Top-Line Increase and On Track to Achieve Third Consecutive Year of Double-Digit Revenue Growth
Company Raises Full Year Guidance
Announces $50 Million Share Buyback Program
 
FORT WASHINGTON, Pa.-- Nutrisystem, Inc. (NTRI), a leading provider of weight management products and services, today reported that the Company exceeded its previously provided revenue, adjusted EBITDA, and diluted income per share guidance for the first quarter ended March 31, 2016 and is raising its previously provided outlook range for the full year.
 
Dawn Zier, President and Chief Executive Officer, stated, "The Nutrisystem brand continues to resonate well with customers. Turbo10, Turbo shakes, and new flexible options drove better-than-expected first quarter results. Our unique combination of easy-to-use, highly effective weight-loss products provides a strong value proposition that has made Nutrisystem a leading name in weight-loss. We continue to execute on our strategic initiatives and believe our investments in new products and further enhancements to the customer experience have us well positioned to achieve our third consecutive year of double-digit revenue growth."
Published: 04 May 2016
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Student Transportation Inc. Declares Cash Dividend

Dividend Approved Quarterly Will Continue to be Paid Monthly

WALL, N.J., Sept. 14, 2015 -- Student Transportation Inc. ("STI") (STB) (STB), North America's largest independent school transportation provider, announced that the Board of Directors has approved a regular monthly cash dividend of US$0.03667 per common share on the dates of November 16, December 15 of 2015 and January 15 of 2016 to shareholders of record at the close of business on each of the months of October through December of 2015. The January payment will be the company's 132nd consecutive monthly dividend paid to shareholders of record.

Published: 15 September 2015
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Steiner Leisure Limited Enters Into Definitive Agreement to be Acquired by Catterton for $65 Per Share in Cash

NASSAU, The Bahamas and GREENWICH, Conn., Aug. 21, 2015  -- Steiner Leisure Limited (STNR) ("Steiner Leisure" or "the Company"), a worldwide provider and innovator in the fields of beauty, wellness and education, and Catterton, the leading consumer-focused private equity firm, today announced that they have entered into a definitive merger agreement under which an affiliate of Catterton will acquire all of the outstanding shares of Steiner Leisure for $65 per share in cash.

The purchase price represents a premium of approximately 21.5% over Steiner Leisure's 90 day weighted-average closing share price on August 20, 2015, the last trading day prior to today's announcement. The total transaction value, including assumed net debt, is approximately $925 million.

Steiner Leisure's Board of Directors unanimously approved the merger upon the recommendation of a Special Committee comprised entirely of independent directors.

Published: 21 August 2015
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Service Corporation International To Acquire Stewart Enterprises, Inc.

Service Corporation International (SCI) announced today the signing of a definitive agreement with Stewart Enterprises, Inc. (Nasdaq GS: STEI) to acquire all of Stewart's outstanding shares of Class A and Class B common stock for $13.25 per share in cash.  The acquisition, which has been approved by the Board of Directors of both companies, has an enterprise value of $1.4 billion.

Tom Ryan, SCI's President and Chief Executive Officer, commented on the announcement today:  "We are very pleased to announce this agreement to merge Stewart Enterprises into our Company.  Throughout its 100 year history, and for the last five decades of Frank Stewart's tremendous leadership, Stewart Enterprises has compiled an impressive portfolio of high quality funeral homes and cemeteries across North America.

Published: 29 May 2013
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