Jenny Craig
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DEL MAR — Nature of business: Weight loss and weight management services Total employees: 6,501 In Orange County: 180 Stock listing in The Times: On NYSE “JenCrg” Ticker symbol: “JC” Friday’s stock close: $15.75 One-week change: Up $0.63 Analyst review: “Here is a company that’s been public for a year and a half; it’s a big company doing close to half a billion dollars in revenue and has been void of brokerage house coverage. I’m somewhat mystified. In the last five years, revenues increased ten-fold. It’s just in the last two years that revenue has fallen on a revenues per-center basis. I think Jenny Craig is going to be a major, major beneficiary of the baby boomers coming of age. . .their girths will get wider. I think the demographics are very much in the company’s favor. It also could be a beneficiary of the trend to reduce health care costs because obesity is symptomatic of potential health care problems.” Ronald Rotter, analyst Seidler Amdec Securities, Los Angeles Dollar amounts in millions
2 qtrs. 2 qtrs. 1990 1991 1992 1992 1993 Revenue $353.7 $412.1 $461.2 $224.8 $234.4 Profit $29.8 $30.9 $36.8 $12.6 $16.5
Corporate outlook: “Jenny Craig Inc. continues to expand with the planned addition of approximately 100 new centers annually through fiscal 1995. Based on ongoing research into nutrition and health and related development of new products and programs, we feel the company is well-positioned to maintain its role as an industry leader in weight management.”--Sid Craig, chairman/CEO RETURN ON INVESTMENT: 3-YEAR SUMMARY AND YEAR-TO-DATE
Fiscal year ending June 30 June 30 June 30 2 qtrs. 1990 1991 1992 1992 52-week high N/A N/A $33.88 $33.13 52-week low N/A N/A $13.25 $22.00 Book value per share N/A N/A N/A $2.97 Price per share N/A N/A $13.75 $28.13 Net profit per share $1.24 $1.29 $1.40 $0.51 Price-to-earnings ratio N/A N/A 10:1 28:1 Avg. return on investor equity N/A N/A N/A 15%
Fiscal year ending 2 qtrs. 1993 52-week high $20.00 52-week low $11.75 Book value per share $3.24 Price per share $17.50 Net profit per share $0.60 Price-to-earnings ratio 15:1 Avg. return on investor equity 19%
Jenny Craig Inc. sold 3.5 million shares in its initial public offering on Oct. 29, 1991; net proceeds: $66.7 million. For more information, write, Jenny Craig Inc.: 445 Marine View Ave., Suite 300, Del Mar, Calif. 92014. (619) 259-7000 Source: Jenny Craig Inc.; Bloomberg Business News; Researched by MIMI KO / Los Angeles Times
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