Perfectly trained fingers can massage your worries away, ease the crick out of your neck, and turn profit dips into gains.
That's pretty much what Steiner Leisure
It's not sneaky. It's just plain smart.
The cruise ship spa operator grew its top line by 5% to $135.7 million, which is no small feat in this penny-pinching climate. Still, I expected better. Last week found Royal Caribbean
All the same, I'll take that 5%; it's good to see Steiner back on track. Steiner is the first stock that I recommended to Motley Fool Rule Breakers newsletter subscribers four years ago, early in its inspiring run of topping estimates in 19 quarters within a 21-quarter stretch. Then Steiner proved human, simply meeting expectations for two straight quarters. Now the company's in a winning groove again, coming out on top after blowing past the pros three months ago.
Steiner currently runs 133 onboard spas for industry titans like Royal Caribbean, Carnival
The company's second-quarter report wasn't amazing. I don't like the dip in net income, nor the drop in the "revenue per staff per day" metric, which has typically inched higher. However, between the growing popularity of its Elemis spa products and its presence in an industry that will bounce back nicely when the economy does, Steiner can keep working those fingers until most of my worries float away.
If you want to read Rick's original buy report for Steiner and all of the updates along the way, take advantage of a 30-day guest pass that will grant you a trial subscription to the Motley Fool Rule Breakers service. Disney and Royal Caribbean are Motley Fool Stock Advisor newsletter recommendations.
Longtime Fool contributor Rick Munarriz will never be confused with a metrosexual -- his shoes don't even match at the moment -- but he has taken in a pair of Steiner spa treatments on the Disney Magic. He does not own shares in any of the companies in this story, save for Disney. The Fool has a disclosure policy.