Nutrisystem provides more than just a diet plan. The company simplifies your diet by shipping meals to your door. Each day, you eat a Nutrisystem breakfast, lunch, dinner, and dessert. You can add items like fresh fruits, veg and snacks that you buy from the grocery store. Simple is good because the less you have to think about food the less you will be tempted to be led astray.
The Nurtisystem plan seems to be working with sales soaring and last year the company added the South Beach Diet plan to its home delivery options. As a result sales have doubled over the past four years and earnings have grown from $7mm to $57mm.
Despite the growth and rosy outlook the company still trades on a PE of 19.4 compared to Weight Watchers on 29.
This post is not a recommendation to buy or sell any security or derivative. Stocks are not suitable for all investors. Please do your own research.
Submitted May 22, 2018 at 02:17PM by InterestingNews1 https://ift.tt/2x9OjR0
No comments:
Post a Comment