Appointments, Awards, Dividends, and Results Updates - Research Report on GNC Holdings, Omnicom Group, CarMax, Interpublic, and Cedar Fair
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NEW YORK, July 9, 2013 /PRNewswire/ --
Today, Wall Street Reports announced new research reports highlighting GNC Holdings Inc. (NYSE: GNC), Omnicom Group Inc. (NYSE: OMC), CarMax Inc. (NYSE: KMX), The Interpublic Group of Companies, Inc. (NYSE: IPG), and Cedar Fair, L.P. (NYSE: FUN). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
GNC Holdings Inc. Research Report
On July 1, 2013, GNC Holdings Inc. (GNC) announced the appointment of Alan D. Feldman and Robert F. Moran to its Board of Directors. Mr. Feldman has extensive experience in the franchising industry, retail sales, corporate finance and accounting, and strategic planning, and most recently served as the Chairman, President and CEO of Midas, Inc. Mr. Moran has over 30 years of experience in domestic and international Executive Leadership and most recently served as Chairman and CEO of PetSmart, Inc. Joseph Fortunato, Chairman, President and Chief Executive Officer of the Company, said, "Their extensive experience leading global consumer brands and retail operations, both domestically and overseas, and past experience as CEOs of retail businesses should add significant strength to our board as we execute our future strategies." The Full Research Report on GNC Holdings Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/5db0_GNC]
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Omnicom Group Inc. Research Report
On June 24, 2013, Omnicom Group Inc. (Omnicom) announced that the Omnicom agencies won more than 240 Lions across all marketing disciplines and categories at the 60th International Festival of Creativity in Cannes. Its networks, BBDO and DDB were among the top three networks for the seventh consecutive year with 99 and 90 lions respectively. The Company's Media Group, Omnicom Media Group (OMG) earned the most wins of any media agency holding company for two years in a row. As stated by John Wren, President and Chief Executive of the Company, "Our success at this year's Cannes Lions reflects both the collaboration and creative excellence of our agencies and I am extremely proud of the recognition, the work that earned it, and the people that made it happen." The Full Research Report on Omnicom Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/58ad_OMC]
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CarMax Inc. Research Report
On June 21, 2013, CarMax Inc. (CarMax) released its results for Q1 FY 2014 (period ended May 31, 2013). Net sales and operating revenues increased by 19.4% YoY to $3.3 billion. Net earnings went up by 21.5% YoY to $146.7 million. Net earnings per diluted share increased 23.1% YoY to $0.64. During Q1 FY 2014, the Company reported opening three Superstores, entering Harrisonburg, Virginia, markets, and the Savannah and Columbus markets in Georgia. According to Tom Folliard, President and Chief Executive Officer of the Company, "Strong retail sales growth, together with continued contributions from CAF and wholesale drove all-time record quarterly revenues and earnings. We are very pleased to report our strongest increase in comparable store used unit sales in several years." The Full Research Report on CarMax Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/a29d_KMX]
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The Interpublic Group of Companies, Inc. Research Report
On June 27, 2013, The Interpublic Group of Companies, Inc. (IPG) announced that the Company's Board of Directors has declared a dividend of $13.13 per share on its 5.25% Series B Cumulative Convertible Perpetual Preferred Stock, payable in cash on July 15, 2013 to holders of record at the close of business on July 1, 2013. IPG reported that a maximum of 221,474 shares of the Series B Preferred Stock will be outstanding on July 1, 2013, resulting to a maximum possible aggregate dividend of $2.9 million. In other news dated, July 1, 2013, the Company announced that it will release its Q2 2013 earnings on the morning of July 19, 2013. Following the release, a conference call for investors has been scheduled at 8:30 am, ET, of the same day. The Full Research The Interpublic Group of Companies, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/96e8_IPG]
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Cedar Fair, L.P. Research Report
On June 27, 2013, Cedar Fair, L.P. (Cedar Fair) announced the updated year-to-date results and its progress towards the Company's strategic goals. According to Matt Ouimet, President and Chief Executive Officer of the Company, early season attendance and revenue trends were positive through June 23, 2013. Net revenues were up 5% YoY, and average in-park guest per capita spending and attendance, went up by 4% and 1% YoY respectively. Ouimet also stated, "Based on our 2013 performance to date, we reaffirm our 2013 guidance for net revenue in the range of $1.090 billion to $1.115 billion and Adjusted EBITDA to be between $400 million to $410 million. We also remain well on track to achieve our targeted Adjusted EBITDA of at least $450 million by 2016. Our continued success is driven by our strong management team and dedicated employees, our well-known regional brands and the high-quality of our assets." The Full Research Report on Cedar Fair, L.P. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/bd06_FUN]
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SOURCE Wall Street Reports
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