Tag: Shutterfly – Page 11 – The Dead Pixels Society

Shutterfly Announces Issuance of $300M Delayed Draw Term Loan B and Outlines Capital Structure Strategy

August 17, 2017August 20, 2017 GaryPageau Shutterfly

August 17, 2017 04:01 PM Eastern Daylight Time – REDWOOD CITY, Calif.–(BUSINESS WIRE)–Shutterfly, Inc. (NASDAQ: SFLY) announced today the pricing of a $300M Senior Secured Delayed Draw Term Loan B. The term loan carries a margin of LIBOR + 250 basis points and was issued at a discount to par of 50 basis points. The term loan has a maturity of... Read More

Earnings reports Opinion

Opinion: Shutterfly earnings report shows pivot is timely

July 26, 2017September 13, 2017 GaryPageau Creel, Digital Lizard, Fastsigns, Fullerton Photographics, IPI, Print Refinery, Sharp Photo and Portraits, Shutterfly

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

Press releases

Shutterfly Announces Second Quarter 2017 Financial Results

July 25, 2017 GaryPageau Shutterfly, Shutterfly Enterprise1 Comment

July 25, 2017 04:02 PM Eastern Daylight Time – REDWOOD CITY, Calif.–(BUSINESS WIRE) — Shutterfly, Inc. (NASDAQ:SFLY), the leading online retailer and manufacturer of high-quality personalized products and services, today announced financial results for the second quarter ended June 30, 2017. “Q2 was a solid quarter for Shutterfly, led by our flagship Shutterfly brand and our SBS segment,” said Christopher North, President... Read More

Press releases

Tiny Prints Opens New Home on Shutterfly.com Offering Customers New Luxe Stationery Designs from Prominent Artists and Seamless Access to Shutterfly’s Free Unlimited Photo Storage, Personalized Products

July 10, 2017July 19, 2017 GaryPageau Shutterfly, Tiny Prints

With a Continued Commitment to Helping Families in Need, Tiny Prints Pledges a Higher Percentage from Its Birth Announcement Sales to Be Donated to Non-Profit Baby2Baby REDWOOD CITY, Calif.–(BUSINESS WIRE)– Tiny Prints, the leader in premium personalized stationery, is proud to share a new home with Shutterfly, its sister brand since 2011. At www.shutterfly.com/tinyprints, customers can enjoy the luxe stationery... Read More

Marketing Opinion

“Shark Tank” judges harsh to printing app entrepreneurs, Flag

July 10, 2017July 20, 2017 GaryPageau Flag, GrooveBook, Shark Tank, Shutterfly

Photo printing apps have has a mixed result on ABC’s “Shark Tank”, the show where entrepreneurs pitch well-known venture capitalists known as “sharks”. Over eight seasons, the “sharks” have seen dozens of pitches and made selective investments. In 2014, the app GrooveBook not only secured a $150,000 investment from Kevin O’Leary and Mark Cuban, the business was soon acquired for... Read More

Press releases

Shutterfly, Inc. Names Scott Arnold President, Shutterfly Enterprise

July 6, 2017 GaryPageau Shutterfly, Shutterfly Enterprise

REDWOOD CITY, Calif.–(BUSINESS WIRE)–Shutterfly, Inc. (NASDAQ:SFLY), the leading manufacturer and online retailer of high-quality personalized photo products and services, today announced the appointment of Scott Arnold as president, Shutterfly Enterprise, overseeing the organization’s Enterprise division. This new role provides dedicated executive leadership to a key area of strategic focus for Shutterfly. In this role, Scott will be responsible for developing the... Read More

Market research Press releases

Photo Printing and Merchandise Market Will See a Decelerated Revenue Growth at 2.6% CAGR by the End of 2026 | Jun 20, 2017 – ReleaseWire

June 20, 2017June 26, 2017 GaryPageau AdoramaPix, Bay Photo Inc., Cimpress, Digitalab, Eastman Kodak Co., Future Market Insights, Mpix, Shutterfly, Snapfish

Valley Cottage, NY — (SBWIRE) — 06/20/2017 — According to Future Market Insights, Advent of digital imaging technology can be identified as the point from where roll films were ordained to go out of business.The declining demand for cameras with film rolls is directly associated with growing adoption of digital cameras. Consumers grew more inclined towards digital cameras, thereby making... Read More

Earnings reports Opinion

Shutterfly earnings report reveals overall printing market trends and challenges

April 26, 2017April 28, 2017 GaryPageau Amazon Photos, Artifact Uprising, Best Buy, ColorCentric, CVS, District Photo, Fastsigns, Google Photos, GrooveBook, Mixbook, Print Refinery, RPI, Shutterfly, Snapfish, Target, ThisLife, Walgreens2 Comments

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

Earnings reports News

Shutterfly Announces First Quarter 2017 Financial Results

April 25, 2017 GaryPageau Shutterfly1 Comment

(BUSINESS WIRE)–Shutterfly, Inc. (NASDAQ:SFLY), the leading online retailer and manufacturer of high-quality personalized products and services, today announced financial results for the first quarter ended March 31, 2017. “In the first quarter, we announced a major initiative to simplify our business over the course of 2017, focusing our resources on our industry-leading Shutterfly and Tiny Prints Consumer brands and our Enterprise... Read More

Independent retailers embrace Photo Finale Enterprise

February 13, 2017 GaryPageau Avon MotoPhoto, Bedford Camera, BedfordPix, ecommerce, IPI, London Drugs, MailPix, Photo Finale, Prestige Photo Books, Shutterfly, Snapfish, WalMart

Modern technology lets photo retailers compete with the big players The online photo business has change a lot over the past few years. Mobile-enabled responsive sites are now a requirement, not a luxury. Modern UI and backend reliability can make the difference between getting an order and losing out to a competitor. Features that were once just “nice to have,”... Read More

Press releases

Shutterfly Announces Fourth Quarter and Full Year 2016 Financial Results

February 1, 2017 GaryPageau BorrowLenses, MyPublisher, Shutterfly, Tiny Prints, Wedding Paper Divas

Full Year 2016 net revenues increased 7% year-over-year to $1.13 billionFull Year net income of $15.9 million New focus on four strategic areas announced, supported by 2017 restructuring Significant increases in profitability and quality of earnings in 2017 and 2018 support reinvestment towards sustainable growth February 01, 2017 REDWOOD CITY, Calif.–(BUSINESS WIRE)–Shutterfly, Inc. (NASDAQ:SFLY), the leading online retailer and manufacturer... Read More

Events Opinion

The Photo Industry is Out of Control

October 10, 2015May 23, 2017 GaryPageau Amazon, CeWe, Google, Kodak, Micah Solomon, PMA, Shutterfly, Walgreens

There are those times when a new perspective comes out of the blue. That’s what happened during the PMA InnovationNow Photo Business and Technology Summit Sept. 27-28 in San Francisco, Calif. As part of the rejuvenated PMA agenda, the executive-level conference brought thought leaders, top-level retailers and service providers from as far away as Brazil, Europe and Australia. After years of... Read More

News Opinion

Marathon bid for Shutterfly signals end of an era

May 28, 2015May 10, 2017 GaryPageau Centrics, ColorCentric, District Photo, HP, Kodak, Photo Finale, RPI, Shutterfly, Xerox

Over the last year, Shutterfly management has faced activist shareholders who are pressing for greater stock performance from the leading online photo-product company. Shareholders are understandably concerned about lower net income returns, low stock performance and increased expenditures. Last fall, Silver Lake Partners said it was planning to spend $2 billion to take private the Redwood City photo giant. Shutterfly management even... Read More

Opinion

Shutterfly buys Groove Book. Who wins? “Shark Tank”

November 20, 2014June 9, 2022 GaryPageau GrooveBook, Jeff Housenbold, Shark Tank, Shutterfly

All the ballyhoo over the purchase of “Shark Tank” darling Groove Book by Shutterfly created a lot of excitement. The $14.5 million purchase is “the biggest exit in ‘Shark Tank’ history and the first purchase of a company featured on the show by a publicly traded firm,” according to CNBC, which lavished praise on the entire deal. Extended interviews with Shutterfly... Read More

News Opinion

What happens when Shutterfly goes private?

September 24, 2014May 10, 2017 GaryPageau Shutterfly, ThisLife, TinyPrints

The rumor mill is rampant with reports of Shutterfly Inc. folding up its stock and going private. Even today, the stock is up a little more than 5 percent on reports Silver Lake Partners is planning to spend $2 billion to take private the Redwood City photo giant. From a macro standpoint, this is probably a healthy thing for both... Read More