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Steiner Leisure: Companys
built 177 days ago
Steiner Leisure's revenues for the fourth quarter ended December 31, 2007 rose 10.8% to $135.2 million from $122.1 million during the comparable quarter in 2006. Income from continuing operations for the fourth quarter of 2007, was $11.0 million compared with $13.2 million for the same quarter in 2006. In the fourth quarter of 2006, the Company adopted Staff Accounting Bulletin 108, Considering the Effects of Prior Year Misstatements when Quantifying Misstatements in Current Year Financial Statements (
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Steiner Leisure provides spa services and skin- and hair- care products on board cruise ships worldwide. Its services include massage, aromatherapy treatments, seaweed wraps, saunas, steam rooms, aerobic exercise, hair styling, manicures, and pedicures. In addition, the company sells premium-priced personal-care products primarily in connection with the company's services, and ... through third-party land-based salons and retail markets.
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Steiner Leisure (www.steinerleisure.com), based in Nassau, Bahamas, is the leading provider of spa services aboard cruise ships worldwide. Steiner currently services 118 vessels representing 19 cruise lines. The company ... operates 53 land-based spas as well as three post-secondary schools, which specialize in massage therapy and beauty care.
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Steiner Leisure Ltd. said Wednesday its board has approved a repurchase plan of up to $100 million worth of stock. The cruise and spa operator terminated the buyback plan authorized in July 2007, under which 460,000 shares remained. The Bahamas-based company's stock rose 27 cents to $32.14 in after-hours trading.
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