Outerwall 8-K Coinstar, Inc. Announces 2011 Third Quarter Results

Investor Update 2011 Q3

October 27, 2011

Exhibit 99.2

Safe Harbor for Forward-Looking Statements

©

2011 Coinstar, Inc. All Rights Reserved. These materials may not be reproduced, altered or distributed without the express written consent of Coinstar, Inc.

2

This presentation contains statements considered forward-looking for purposes of the safe harbor

provisions under the Private Securities Litigation Reform Act of 1995.  Actual results may differ

materially from those indicated by these forward-looking statements as a result of various factors,

including those discussed in our most recent Annual Report on Form 10-K and Quarterly Report on

Form 10-Q filed with the Securities and Exchange Commission. Coinstar, Inc. assumes no obligation

and does not intend to update these forward-looking statements.

©

2011 Coinstar, Inc. All Rights Reserved. These materials may not be reproduced, altered or distributed without the express written consent of Coinstar, Inc.

3

2011 Full Year and Q4 Guidance

before net interest expense, income taxes, depreciation, amortization

and certain other non-cash charges including the write-off from early

retirement of debt, and share-based expenses from continuing

operations.

**

Free

cash

flow

from

continuing

operations

is

defined

as

net

cash

provided by operating activities from continuing operations after cash

paid for capital expenditures from continuing operations.

2011 Full Year –

Revenue by Segment (in millions)

redbox

$1,535 –

$1,545

Coin

$275 –

$285

New Ventures

$0 –

$5

Total

$1,810 –

$1,835

2011 Full Year –

Other

Adjusted EBITDA from continuing

operations* (in millions)

$351 –

$358

EPS from continuing operations

$3.15 –

$3.25

Average Diluted Shares Outstanding

(in millions)

32.0 –

32.1

Estimated Effective Tax Rate

39%

Free Cash Flow from continuing

operations**  (in millions)

$135 –

$150

2011 Q4 Guidance

Revenue (in millions)

$485 –

$510

Adjusted EBITDA from continuing

operations* (in millions)

$81 –

$88

EPS from continuing operations

$0.57 –

$0.67

2011 Full Year Capital Expenditures

from Continuing Operations (in millions)

redbox

$110 –

$115

Coin –

New

$20 –

$22

Coin –

Maintenance

$12 –

$14

Corporate/Other

$38 –

$43

Total

$180 –

$194

2011 Full Year –

Installations, net

redbox Kiosks

5,000 –

5,500

Coin Kiosks

1,200 –

1,250

As of October 27, 2011

* Adjusted

EBITDA

from

continuing

operations

is defined as earnings

©

2011 Coinstar, Inc. All Rights Reserved. These materials may not be reproduced, altered or distributed without the express written consent of Coinstar, Inc.

4

Consolidated Revenue

As of September 30, 2011

* Guidance as of October 27, 2011

$1,810 to $1,835*

Revenue

Q3 YTD

(in millions)

$261

$650

$1,033

$1,436

$-

$200

$400

$600

$800

$1,000

$1,200

$1,400

$1,600

$1,800

$2,000

2007

2008

2009

2010

2011P

$1,325

©

2011 Coinstar, Inc. All Rights Reserved. These materials may not be reproduced, altered or distributed without the express written consent of Coinstar, Inc.

5

Business Segment Information

As of September 30, 2011

* From acquisition date

redbox *

Q1

Q2

Q3

Q4

YTD

2011

362,344

$ 

363,862

$ 

389,801

$ 

---

1,116,007

$

2010

263,078

$ 

271,869

$ 

305,365

$ 

319,397

$ 

1,159,709

$

2009

154,697

$ 

188,909

$ 

198,064

$ 

231,760

$ 

773,430

$   

2008

60,513

$   

89,956

$   

104,192

$ 

133,792

$ 

388,453

$   

2007

2,602

$     

3,063

$     

1,649

$     

2,218

$     

9,532

$        

Coin

Q1

Q2

Q3

Q4

YTD

2011

20,609

$   

26,800

$   

27,879

$   

---

75,288

$     

2010

15,020

$   

28,043

$   

27,872

$   

25,380

$   

96,315

$     

2009

22,391

$   

26,016

$   

27,254

$   

26,949

$   

102,610

$   

Coin

Q1

Q2

Q3

Q4

YTD

2011

61,363

$   

71,065

$   

75,506

$   

---

207,934

$   

2010

59,918

$   

70,362

$   

74,669

$   

71,033

$   

275,982

$   

2009

57,876

$   

64,741

$   

69,501

$   

66,398

$   

258,516

$   

2008

59,329

$   

64,585

$   

71,104

$   

66,608

$   

261,626

$   

2007

54,915

$   

62,523

$   

67,513

$   

66,363

$   

251,314

$   

New Ventures

Q1

Q2

Q3

Q4

YTD

2011

365

$         

301

$         

310

$         

---

976

$           

2010

126

$         

125

$         

153

$         

326

$         

730

$           

2009

180

$         

194

$         

160

$         

143

$         

677

$           

redbox *

Q1

Q2

Q3

Q4

YTD

2011

50,821

$   

74,017

$   

83,499

$   

---

208,337

$   

2010

46,301

$   

37,167

$   

53,648

$   

53,736

$   

190,852

$   

2009

20,850

$   

24,568

$   

26,684

$   

29,469

$   

101,571

$   

New Ventures

Q1

Q2

Q3

Q4

YTD

2011

(2,555)

$    

(4,767)

$    

(4,425)

$    

---

(11,747)

$    

2010

(1,488)

$    

(1,927)

$    

(2,248)

$    

(2,560)

$    

(8,223)

$       

2009

(154)

$       

(641)

$       

(669)

$       

(617)

$       

(2,081)

$       

Revenue

Operating Profit

(in thousands)

(in thousands)

©

2011 Coinstar, Inc. All Rights Reserved. These materials may not be reproduced, altered or distributed without the express written consent of Coinstar, Inc.

6

Business Segment Information

As of September 30, 2011

Coin

Q1

Q2

Q3

Q4

YTD

2011

7,371

$     

7,451

$     

7,924

$     

---

22,746

$     

2010

7,059

$     

7,562

$     

7,468

$     

7,632

$     

29,721

$     

2009

6,741

$     

7,177

$     

7,081

$     

7,008

$     

28,007

$     

redbox *

Q1

Q2

Q3

Q4

YTD

2011

27,098

$   

27,360

$   

30,910

$   

---

85,368

$      

2010

22,121

$   

23,866

$   

23,955

$   

23,503

$   

93,445

$      

2009

13,169

$   

14,725

$   

15,527

$   

17,267

$   

60,688

$      

New Ventures

Q1

Q2

Q3

Q4

YTD

2011

175

$         

679

$         

5

$             

---

859

$           

2010

3,500

$     

184

$         

(41)

$          

183

$         

3,826

$        

2009

240

$         

273

$         

367

$         

406

$         

1,286

$        

Depreciation, Amortization and Other

(in thousands)

* From acquisition date

©

2011 Coinstar, Inc. All Rights Reserved. These materials may not be reproduced, altered or distributed without the express written consent of Coinstar, Inc.

7

Installations and Same Store Sales

As of

September 30, 2011

redbox Kiosks (rounded)

Q1

Q2

Q3

Q4

2011

31,800

33,300

34,400

---

2010

24,800

26,900

28,500

30,200

2009

15,400

17,900

20,600

22,400

2008

7,900

9,600

11,800

13,700

2007

3,000

4,300

5,700

7,000

Coin Kiosk Same Store Sales

Q1

Q2

Q3

Q4

2011

5.3%

1.8%

1.0%

---

2010

0.5%

7.9%

7.9%

10.0%

2009

-5.0%

-4.3%

-5.4%

-5.1%

Coin Kiosks (rounded)

Q1

Q2

Q3

Q4

2011

18,800

18,900

19,500

---

2010

19,100

19,000

18,900

18,900

2009

18,400

18,400

18,800

19,200

2008

15,500

16,500

17,500

18,400

2007

13,800

14,200

14,500

15,400

redbox Kiosk Same Store Sales

Q1

Q2

Q3

Q4

2011

15.3%

16.6%

13.0%

---

2010

21.0%

3.5%

17.2%

12.5%

2009

35.0%

33.0%

26.3%

21.0%

redbox

Coin

©

2011 Coinstar, Inc. All Rights Reserved. These materials may not be reproduced, altered or distributed without the express written consent of Coinstar, Inc.

8

Other Information

As of September 30, 2011

redbox Gross Margin

Q1

Q2

Q3

Q4

YTD

2011

53.1%

58.4%

59.1%

---

56.9%

2010

59.0%

56.4%

59.7%

54.4%

57.3%

2009

59.6%

57.4%

58.1%

54.0%

57.0%

2008

65.2%

63.0%

62.5%

62.2%

62.9%

Q1

Q2

Q3

Q4

YTD

2011

38,472

$   

49,405

$   

46,902

$   

---

134,779

$   

2010

31,517

$   

52,822

$   

48,135

$   

38,373

$   

170,847

$   

2009

34,987

$   

38,288

$   

28,647

$   

46,545

$   

148,467

$   

2008

28,182

$   

34,653

$   

47,692

$   

33,525

$   

144,052

$   

2007

7,495

$     

11,926

$   

15,375

$   

15,047

$   

49,843

$      

Consolidated Capital Expenditures* (in thousands)

* For continuing operations

©

2011 Coinstar, Inc. All Rights Reserved. These materials may not be reproduced, altered or distributed without the express written consent of Coinstar, Inc.

9

Top 5 Customers by Revenue

* All Walmart related companies, including Sam’s Club and ASDA

As of September 30, 2011

•

Walgreens

•

Walmart*

•

Kroger

•

7-

Eleven

•

McDonald’s

•

Walmart*

•

Kroger

•

Supervalu

•

Delhaize

•

Ahold

•

Walmart*

•

Walgreens

•

Kroger

•

7-Eleven

•

Supervalu

redbox

Coin

Consolidated