Consumer Goods Sector Announce Quarterly Financial Results and Black Friday Promos - Research Report on Target, Dollar Tree, Ross Stores, Macy's and Abercrombie & Fitch

NEW YORK, November 26, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Target Corp. (NYSE: TGT), Dollar Tree, Inc. (NASDAQ: DLTR), Ross Stores Inc. (NYSE: M), Macy's, Inc. (NASDAQ: ROST) and Abercrombie & Fitch Co. (NYSE: ANF). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Target Corp. Research Report

On November 21, 2013, Target Corp. (Target) reported its financial results for Q3 FY 2013 (period ended November 2, 2013). Total revenue increased 4.0% YoY to $17.3 billion. Net income came in at $341 million or $0.54 per diluted share, compared to net income of $637 million or $0.96 per diluted share in Q3 FY 2012. Target Chairman, President and CEO Gregg Steinhafel said, "Target's third quarter financial results reflect continued strong execution in our U.S. Segment in an environment where consumer spending remains constrained. As our focus shifts to the fourth quarter, we are intently focused on delivering outstanding merchandise, an easy, fun shopping experience and an unbeatable combination of everyday low prices, weekly ad discounts, 5% REDcard Rewards and price match policies throughout the U.S. and Canada." The Full Research Report on Target 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/3f4d_TGT

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Dollar Tree, Inc. Research Report

On November 21, 2013, Dollar Tree, Inc. (Dollar Tree) reported its financial results for Q3 FY 2013 (period ended November 2, 2013).  Net sales increased 9.5% YoY to $1.9 billion. During the quarter, net income came in at $125.4 million or $0.58 per diluted share, compared to net income of $155.4 million or $0.68 per diluted share in Q3 FY 2012. Dollar Tree CEO Bob Sasser said, "I am pleased with our performance in the third quarter. During a very cautious consumer environment, comparable-store sales increased as the result of growth in both consumer basics and growth in seasonal and variety merchandise, with our higher margin variety categories growing at a faster pace. Our comparable-store sales increase was driven principally by increased customer traffic, as new customers are finding Dollar Tree to be part of their solution to balance their household budgets. Our stores executed a quick transition from Halloween and are set with fresh, high-value merchandise for Thanksgiving and the Holiday season." The Full Research Report on Dollar Tree, 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/7911_DLTR

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Ross Stores Inc. Research Report

On November 21, 2013, Ross Stores Inc. (Ross Stores) reported its financial results for Q3 FY 2013 (period ended November 2, 2013).  Revenue increased 6.0% YoY to $2.4 billion. Net income was $171.6 million or $0.80 per diluted share, compared to net income of $159.5 million or $0.72 per diluted share in Q3 FY 2012. Commenting on the results, Vice Chairman and CEO Michael Balmuth commented, "Third quarter sales were in line with our guidance, while earnings were better-than-expected mainly due to above-plan merchandise gross margin. Operating margin of 11.3% was relatively flat to last year. As a percent of sales, an improvement in cost of goods sold was offset by an increase in selling, general and administrative expenses." The Full Research Report on Ross 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/73e9_ROST

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Macy's, Inc. Research Report

On November 21, 2013, Macy's, Inc. (Macy's) announced the debut of its Black Friday commercial featuring superstar musical group, One Direction, in a light-hearted spoof about the group's infamous hairstyles. According to the Company, the said television spot will remind customers to visit Macy's starting at 8:00 p.m. on November 28, 2013 (Thanksgiving night) for the best holiday gifts from their favorite brands, all at affordable prices. The Company said that beginning November 28, 2013 through November 29, 2013, customers who visit Macy's will receive an exclusive black tote bag, while supplies last, with the purchase of a large One Direction "Our Moment" fragrance spray. In addition, Macy's will donate $2, up to $100,000, to Make-A-Wish for each One Direction "Our Moment" fragrance purchase. The Full Research Report on Macy's, 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/b69d_M

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Abercrombie & Fitch Co. Research Report

On November 21, 2013, Abercrombie & Fitch Co. (Abercrombie & Fitch) reported its financial results for Q3 FY 2013 (period ended November 2, 2013).  Net sales decreased 11.7% YoY to $1.0 billion. Net loss came in at $15.6 million or $0.20 per diluted share, compared to net income of $84.0 million or $1.02 per diluted share in Q3 FY 2012. Commenting on the results, CEO and Chairman of the Board Mike Jeffries said, "Our results for the third quarter reflect weakness in top-line performance, which we expect to continue in the fourth quarter. However, we continue to work hard to offset these conditions and are aggressively pursuing initiatives we believe will improve the sales trend as we go forward. We believe a disciplined approach to execution of our long-term strategic plan will drive meaningful improvements in both the short and long-term." The Full Research Report on Abercrombie & Fitch Co. - 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/40f0_ANF

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