Friday, November 10, 2006

Calls of Note Part 5

- Kaufman Bros says they believe that NutriSystem (NASDAQ:NTRI) is currently conducting a test with GNC, the largest specialty retailer of health, wellness and diet products. From the information we have it seems that this is a co-marketing test (for now, at least). For more information, visit

GNC has stores in more than 45 countries. GNC has 5,800 locations worldwide, with 4,812 U.S. locations, of which 2,529 are company-owned and the rest franchised or with Rite Aid (store-in-store format). The company also has 137 locations in Canada and 873 locations in 45 other countries.

Marketing has already started. Firm believes that GNC has sent emails to its customers marketing this program. They do not know if this deal will include in-store promotions, but that seems highly likely.

Maintains Buy and $102 tgt on NTRI.

Notablecalls: Expect to see buy interest in NTRI.

1 comment: said...

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