In September, we launched the Bowflex Boost band, which is an affordable 24 hour monitoring band, that tracks activity through the day, calories, steps and distance and into the night. This band is designed with Bluetooth Smart technology, provides extended battery life of up to 11 days and is available currently for iOS devices. We plan to introduce support for the Android platform by the end of this year (done now). The free software automatically syncs with mobile devices allowing user to set and monitor progress for its daily fitness goals. We have been pleased with the early response of this product, which represents our first offering in the rapidly growing personal tracking device market. While this product was initially intended as a supplement to our direct business, we do feel the product also has potential to succeed in the retail market and we are exploring options. (From their Earnings Call Transcript)
Sentiment: Strong Buy
Pages View over the past three months up 55% in the US, up 86% in Canada, up 31% in the UK, up 78% in Italy, up 35% in Germany and up 62% in France.
Time Spent on the site up 63% in the US, up 63% in Canada, up 46% in the UK, up 73% in Italy, up 63% in Germany and up 59% in France.
The quarterly estimates look very doable.
As of 6 p.m. ET (Monday), sales on Amazon were up 44.3% over last year, while sales at eBay were up 32.1%, according to ChannelAdvisor.
Industry Overall - online sales were up 21.4 percent on "Cyber Monday," according to IBM Digital Analytics Benchmark
Analyst Estimated Revenue Growth of 22% for this quarter is looking very conservative.
Trailing 12 month Free Cash Flow is $1.5B - and issuing debt at lower then your cost of capital makes economic sense. They are still Net Debt FREE ! They should issue another $5B in Debt next year - their capital structure is too conservative.
Annual Free Cash Flow
2003. $349 Million
Over $12 BILLION
Read the financial statements - it is all there - $1.5B in Free Cash flow in the last 12 months alone. Net Debt Free - they can afford to spend on cutting edge technology.