Black Friday Events, Financial Results, Public Offerings, Upcoming Earnings and New Apps - Research Report on Walmart, Williams-Sonoma, Sprouts Farmers Market, H&R Block and Fairway Group Holdings
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NEW YORK, November 25, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Wal-Mart Stores Inc. (NYSE: WMT), Williams-Sonoma Inc. (NYSE: WSM), Sprouts Farmers Market, Inc. (NASDAQ: SFM), H&R Block, Inc. (NYSE: HRB) and Fairway Group Holdings Corp. (NASDAQ: FWM). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Wal-Mart Stores Inc. Research Report
On November 19, 2013, Wal-Mart Stores Inc. (Walmart) announced that beginning 8:00 a.m. on Friday, November, 22,2013, the Company will initiate a pre-Black Friday savings event in stores and online. The Company stated that it will offer reduced prices on popular toys and electronics, to match select Black Friday offers from its rivals Target, Toys R' Us and Best Buy one week early. The Company added that on Thanksgiving Day, Black Friday and any of their shopping visits, customers can benefit from everyday ad match policy available at Walmart stores, wherein if a customer finds a lower price on an advertised item, and comes into a Walmart store during the same day and time that the competitor's ad is valid, Walmart will match the price at the register. Walmart informed that its official Black Friday events will be held on Thanksgiving Day at 6 p.m. and 8 p.m. and on Friday, November 29, 2013 at 8 a.m. The Full Research Report on Wal-Mart Stores Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/a9d3_WMT
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Williams-Sonoma Inc. Research Report
On November 20, 2013, Williams-Sonoma Inc. (Williams-Sonoma) reported its financial results for Q3 FY 2013 (period ended November 3, 2013). Net revenue for the quarter increased 11.3% YoY to $1.1 billion. Net earnings were $56.7 million or $0.58 per diluted share, compared to $48.9 million or $0.49 per diluted share in Q3 FY 2012. President and CEO Laura Alber said, "Our strong third quarter and our performance year-to-date illustrate the power of our business model and the relevancy of our brands. We delivered an 11% increase in revenue and EPS growth in excess of 18%." Williams-Sonoma stated that during Q3 FY 2013, it repurchased 1.5 million shares of common stock at an average cost of $55.89 per share and a total cost of c.$85 million. For Q4 FY 2013, the Company expects net revenues in the range of $1,370 million to $1,430 million. The Full Research Report on Williams-Sonoma Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/8aa3_WSM
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Sprouts Farmers Market, Inc. Research Report
On November 18, 2013, Sprouts Farmers Market, Inc. (Sprouts Farmers) announced the commencement of an underwritten public offering of 22.5 million shares of its common stock by affiliates of Apollo Global Management, LLC (Apollo), and certain other stockholders of the Company (collectively, the Selling Stockholders). The Company stated that the underwriters of the offering will have the option to purchase up to an additional 3,375,000 shares of common stock from the Selling Stockholders. Apollo informed that it is offering approximately 11.8 million of the total shares (13.6 million if the underwriters' option is exercised in full). According to the Company, the Selling Stockholders will receive the entire proceeds from the offering. The Full Research Report on Sprouts Farmers Market, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/1be5_SFM
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H&R Block, Inc. Research Report
On November 15, 2013, H&R Block, Inc. (H&R Block) announced that the Company will release its Q2 FY 2014 results after the New York Stock Exchange market close on December 10, 2013 through a press release which will be available on the Company's investor relations website at that time. The Company added that it will hold its investor conference in New York City at 8:30 a.m. EST on December 11, 2013 in which its senior leaders will outline the Company's growth strategies and outlook, and provide a general business update including discussion of Q2 FY 2014 results. Sprouts Farmers sated that the event will be broadcast live in a listen-only format on its investor relations website, and a replay of the same will be available on the Company's website two hours after the conference ends. The Full Research Report on H&R Block, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/e8eb_HRB
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Fairway Group Holdings Corp. Research Report
On November 19, 2013, Fairway Group Holdings Corp. (Fairway) launched a new mobile app just before Thanksgiving to make shopping and cooking a lot more fun and rewarding. The Company stated that its new Fairway Market app provides an enriched experience to its shoppers who like cooking and exploring unique products offered by Fairway. Fairway stated that the food app is available on the iPhone App Store and can be downloaded in Fairway Market. Chief Information Officer of Fairway Market Arthur Tisi said, " I'm excited to be a part of the great team that designed and developed an innovative app that enhances our customers' foodie knowledge and helps them to better plan and cook delicious meals." The Company added that iPad and Android versions of the app will be available in early 2014. The Full Research Report on Fairway Group Holdings Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/2429_FWM
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