Consumer Goods Sector Announces Earnings Results and Upcoming Earnings Release Schedules - Research Report on Maidenform, Coach, Ralph Lauren, Fifth & Pacific, and Skechers
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, July 29, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Maidenform Brands, Inc. (NYSE: MFB), Coach, Inc. (NYSE: COH), Ralph Lauren Corporation (NYSE: RL), Fifth & Pacific Companies, Inc. (NYSE: FNP), and Skechers USA Inc. (NYSE: CRI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Maidenform Brands, Inc. Research Report
On July 24, 2013 Maidenform Brands, Inc. (Maidenform) announced that it has entered into a definitive agreement with HanesBrands (Hanes), under which Hanes will acquire all of the outstanding shares of Maidenform for $23.50 per share in cash, representing a transaction value of approximately $575 million. According to the Company, the transaction price represents a premium of approximately 23% to the closing share price on July 23, 2013 and a premium of approximately 30% to the 30-day average trading price. The transaction has been approved by Maidenform's Board of Directors and is expected to close in Q4 2013. As stated by Maidenform, the combination of these two Companies will create a more diverse apparel company with strong cash flows and a portfolio of iconic brands. The Full Research Report on Maidenform Brands, 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/63b9_MFB]
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Coach, Inc. Research Report
On July 23, 2014, Coach, Inc. (Coach) announced that the Company will hold a conference call on July 30, 2013 at 8:30 a.m. to discuss its Q4 FY 2013 and full-year FY 2013 results, along with plans for the fiscal year. Coach informed that the results will be reported via press release on the same day, prior to the call. The Company also reported that Coach's Chairman and Chief Executive Officer, Lew Frankfort will lead the conference call and will be joined by President and Chief Commercial Officer Victor Luis, EVP and CFO Jane Nielsen and SVP for Investor Relations & Corporate Communications Andrea Shaw Resnick. The Full Research Report on Coach, 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/63b9_MFB]
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Ralph Lauren Corporation Research Report
On July 24, 2013, Ralph Lauren Corporation (Ralph Lauren) announced that the Company will release its Q1 FY 2014 results (period ended June 29, 2013) on August 7, 2013 at 8:00 a.m. EST. The release will be followed by a conference call on the same day at 9:00 a.m. EST for analysts, investors and other interested parties. The Full Research Report on Ralph Lauren Corporation - 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/279f_RL]
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Fifth & Pacific Companies, Inc. Research Report
On July 24, 2013, Fifth & Pacific Companies, Inc. (Fifth & Pacific) announced that the Company will release its Q2 2013 results before the market opens on August 8, 2013. Also, a conference call will be held by the Company on the same day at 10:00 a.m. EST to discuss the results. The Full Research Report on Fifth & Pacific Companies, 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/9837_FNP]
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Skechers USA Inc. Research Report
On July 24, 2013, Skechers USA Inc. (Skechers) reported its financial results for Q2 2013. The Company's net sales increased 11.5% YoY to $428.2million. Gross profit for Q2 2013 was $194.9 million or 45.5% of net sales, compared to $171.3 million or 44.6% of net sales for Q2 2012. Further, earnings from operations for Q2 2013 were $17.2 million versus a loss from operations of $1.5 million for Q2 2012.Commenting on the results, Skechers' Chief Operating Officer and Chief Financial Officer, David Weinberg, said, "The strong increase in second quarter sales is the result of double-digit gains in both our international wholesale and company-owned retail businesses as well as the single-digit improvements in our domestic wholesale division. Our 45.5 percent gross margins are the result of improvements in our company-owned retail stores and international subsidiary businesses combined with the expected decrease in international distributor sales, which carry lower gross margins." The Full Research Report on Skechers USA 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/95e1_SKX]
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SOURCE Analysts' Corner
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