Clothing and Apparel Companies Announce Quarterly Financial Updates - Research Reports on Under Armour, Carter's, VF Corp., Hanesbrands and Michael Kors

NEW YORK, July 29, 2014 /PRNewswire/ --

Today, Analysts Review released its research reports regarding Under Armour, Inc. (NYSE: UA), Carter's Inc. (NYSE: CRI), V.F. Corporation (NYSE: VFC), Hanesbrands Inc. (NYSE: HBI) and Michael Kors Holdings Limited (NYSE: KORS). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/5207-100free.

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Under Armour, Inc. Research Reports
On July 24, 2014, Under Armour, Inc. (Under Armour) reported Q2 2014 financial results. In Q2 2014, the Company's net revenues increased 34.1% YoY to $610.0 million. Q2 2014 net income was $17.7 million, or $0.08 per diluted share, compared with $17.6 million, or $0.08 per diluted share, in Q2 2013. For full-year 2014, the Company has revised its outlook and now expects net revenues of $2.98 billion to $3.0 billion, representing a growth of 28% to 29% YoY. Expected full-year 2014 operating income is $343 million to $345 million, representing a growth of 29% to 30% YoY. Kevin Plank, Chairman and CEO of Under Armour, stated, "The broad-based momentum that we have been experiencing recently showed no signs of stopping during the second quarter. While we continued to add more dimension to our largest growth driver in Apparel, we were particularly encouraged by the brand response we are seeing in both our Footwear and International businesses." The full research reports on Under Armour are available to download free of charge at:

http://www.analystsreview.com/Jul-29-2014/UA/report.pdf

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Carter's Inc. Research Reports
On July 24, 2014, Carter's Inc. (Carter's) reported financial results for Q2 FY 2014 (period ended June 28, 2014). In Q2 FY 2014, the Company's net sales increased 10.9% YoY to $574.1 million. Q2 FY 2014 net income was $25.9 million, or $0.48 per diluted share, compared to $19.7 million, or $0.33 per diluted share, in Q2 FY 2013. For Q3 FY 2014, Carter's expects net sales to increase approximately 4% to 6% YoY. For full-year FY 2014, the Company expects net sales to increase approximately 8% to 10% YoY. Michael D. Casey, Chairman and CEO, said, "We believe consumers are responding to the beauty and compelling value of our product offerings across all channels of distribution. We are very pleased with our first half performance and expect to achieve our sales and earnings objectives this year." The full research reports on Carter's are available to download free of charge at:

http://www.analystsreview.com/Jul-29-2014/CRI/report.pdf

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V.F. Corporation Research Reports
On July 18, 2014, V.F. Corporation (VF Corp.) reported financial results for Q2 FY 2014 (period ended June 28, 2014). In Q2 FY 2014, the Company generated revenues of $2.4 billion, up 8.2% YoY. Q2 FY 2014 net income was $157.7 million, or $0.36 per diluted share, compared with $138.3 million, or $0.31 per diluted share, in Q2 FY 2013. "Our strong second quarter results, led by our Outdoor & Action Sports coalition, put us right in line with our full-year outlook and long-term growth commitments," said Eric Wiseman, Chairman, President and CEO of VF Corp. "Looking toward the second half of 2014, our powerful brands and platforms have us well-positioned to continue our momentum and deliver another record year for VF and its shareholders." For full-year FY 2014, the Company projects revenues to increase 8%, while EPS is expected to reach $3.06. The full research reports on VF Corp. are available to download free of charge at:

http://www.analystsreview.com/Jul-29-2014/VFC/report.pdf

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Hanesbrands Inc. Research Reports
On July 23, 2014, Hanesbrands Inc. (Hanesbrands) reported financial results for Q2 FY 2014 (period ended June 28, 2014). In Q2 FY 2014, the Company recorded net sales of $1.3 billion, up 11.9% YoY. Q2 FY 2014 net income was $154.6 million, or $1.51 per diluted share, compared with $121.6 million, or $1.19 per diluted share, in Q2 FY 2013. Based on Q2 FY 2014 results, Hanesbrands has increased its full-year FY 2014 guidance and now expects net sales of approximately $5.1 billion, and adjusted EPS of $5.20 to $5.40. CEO Richard A. Noll said, "We remain confident in our business model and our performance momentum. We increased our operating profit margin by 200 basis points in the first half, and we raised our full-year EPS guidance for the second quarter in succession." The full research reports on Hanesbrands are available to download free of charge at:

http://www.analystsreview.com/Jul-29-2014/HBI/report.pdf

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Michael Kors Holdings Limited Research Reports
On July 21, 2014, Michael Kors Holdings Limited (Michael Kors) announced that it intends to release its Q1 FY 2015 financial results on August 4, 2014, before the market opens. On the same day, the Company has scheduled a conference call at 8:00 a.m. ET to discuss the results. However, a replay of the call will also be available after the conclusion of the call, which will remain accessible through August 11, 2014. The full research reports on MIchael Kors are available to download free of charge at:

http://www.analystsreview.com/Jul-29-2014/KORS/report.pdf

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EDITOR'S NOTES:
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