Consistency is usually a treat. When you go in for a spa treatment at one of Steiner Leisure's
The company, whose stock has climbed by 43% since being singled out in our Rule Breakers newsletter service, earned $0.48 a share on a 17% uptick in March quarter revenues. Although earnings growth was flat on a diluted share basis, the showing did come ahead of the $0.47 a stub that analysts had been expecting.
It was a strong quarter, with revenues climbing at its floating and land-based spas as well as its booming consumer products division. The company did suffer a slight dip at its spa training schools, but that has always been the smallest piece of the revenue pie at Steiner.
While Steiner is a proxy for various travel industries -- it also runs land-based resort spas for the likes of Hilton
You will find Steiner on most boats run by Carnival
Sure, some growth stock investors may prefer the higher-octane recommendations that we've made in our Rule Breakers newsletter, but Steiner offers an unconventional way to play the most lucrative angle in the growing cruise sector. Younger passengers are spending more, and Steiner is there to collect the benefits.
Need some more reading while you hang out on the massage table?
- Read the juicy secrets that lie between the pages of Steiner's Princess Diary.
- The cruise industry has been doing just fine lately.
- Check out some of the other Rule Breaker stock picks.
Longtime Fool contributor Rick Munarriz has been a Steiner customer on the Disney Wonder, and although he does own shares in Disney, he does not own shares in any of the other companies mentioned in this story. The Fool has a disclosure policy. He is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early.