Steiner Leisure Financials!

Question:

> <off topic crap deleted> > The balance sheet of a spa company has no relation to cruising. This is > not alt.hot.tub.investing .

It is very on-topic!  It is obvious that you’ve never used a spa onboard.  When you get the bill, you’ll feel like you were investing. Lloyd

Response:

Actually, I think he is dating Chrissy Cruiser. Tom Smith

– Hide quoted text — Show quoted text -> Has Tom been taking Obsessive/Compulsive lessons from Paul? ><off topic crap deleted> >The balance sheet of a spa company has no relation to cruising. This is >not alt.hot.tub.investing .

Response:

Ray does not care His objective is to advertise, not to inform

– Hide quoted text — Show quoted text – > <off topic crap deleted> > The balance sheet of a spa company has no relation to cruising. This is > not alt.hot.tub.investing . > — > Tom

Response:

Hi Everyone, I received this press release from Steiner and thought it would be of interest.  If you have missed any of my news’ postings, they are available on my web site.   Best regards, Ray LIGHTHOUSE TRAVEL 800-719-9917 or 805-566-3905 http://www.lighthousetravel.com Steiner Leisure Limited Announces Fourth Quarter and 2002 Financial Results Thursday March 6, 9:10 pm ET NASSAU, Bahamas March 6, 2003 Steiner Leisure Limited (Nasdaq:STNR) today announced financial results for the fourth quarter and year ended December 31, 2002. In addition, the Company announced today that it has closed or disposed of three more of its day spas and is in negotiations to dispose of or otherwise close eight of its remaining day spas. In accordance with SFAS 144, the results of these day spas have been reflected as discontinued operations in the Company’s financial statements. Steiner Leisure’s revenues, excluding discontinued operations, for the fourth quarter ended December 31, 2002 rose 29.0% to $64.0 million from $49.6 million during the comparable quarter in 2001. Income from continuing operations before discontinued operations and cumulative effect of a change in accounting principle for the fourth quarter in 2002 was $4.6 million compared with $4.2 million for the same quarter in 2001. Earnings per share before discontinued operations and cumulative effect of a change in accounting principle for the fourth quarter ended December 31, 2002 was $0.29 per share compared with $0.26 per share for the comparable quarter in 2001. The above earnings per share data are presented on a diluted basis. Revenues, excluding discontinued operations, for the year ended December 31, 2002 rose 32.3% to $249.8 million from $188.9 million in 2001. Income from continuing operations before discontinued operations and cumulative effect of a change in accounting principle for the year ended December 31, 2002 was $21.6 million compared with $21.9 million in 2001. Earnings per share before discontinued operations and cumulative effect of a change in accounting principle for the year ended December 31, 2002 was $1.33 per share compared with $1.38 per share in 2001. The above earnings per share data are presented on a diluted basis. Steiner Leisure Limited is a worldwide provider of spa services. The Company’s operations include spas and salons on 106 cruise ships, and in 52 resort spas and 11 luxury day spas. Our cruise line and land-based resort customers include Carnival Cruise Line, Royal Caribbean Cruise Lines, Princess Cruises, Disney Cruises, Celebrity Cruises, Norwegian Cruise Lines, Holland America Lines, Marriott, Park Place Entertainment and Sun International. Elemis Limited manufactures its Elemis

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