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Opinion: Shutterfly earnings report shows pivot is timely Earnings reports Opinion 

Opinion: Shutterfly earnings report shows pivot is timely

Shutterfly reported its second-quarter earnings report yesterday and the results indicate the photo-printing leader has a way to go in its on-going restructuring plans (detailed here).  All sales growth was driven by the Shutterfly Business Services (SBS) unit, for example, and consumer sales-per-order continues to weaken. The SBS business may have tighter gross margins, but at least it is growing at... Read More
Shutterfly earnings report reveals overall printing market trends and challenges Earnings reports Opinion 

Shutterfly earnings report reveals overall printing market trends and challenges

Yesterday, photo-printing industry leader Shutterfly Inc. released its first quarter earnings, which revealed once again the on-going struggles of making a year-round business out the typically seasonal photo-printing business. Shutterfly has invested millions in photo-printing plants with national reach, and then watch much of the equipment sit idle until the fourth quarter. The challenges faced by Shutterfly, however, are also mirrored... Read More