February 19th, 2008
NTRI Mea Culpa
My “New Years Resolution Rally” thesis for Nutrisystem (NTRI) looks way wrong. $700 million revenue guidance for full year vs. consensus at $825 adn $777 the year past? Sometimes you can chalk off a miss to being “early.” This is not one of those times. I was just wrong. This stock won’t be worth touching with a 10-foot pole for some time.
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