Dividends, Management Changes, Acquisition Offer, New Products, and Service Expansions - Analyst Notes on Target, GNC, Express, Avis and PetSmart

NEW YORK, June 18, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Target Corporation (NYSE: TGT), GNC Holdings Inc. (NYSE: GNC), Express, Inc. (NYSE: EXPR), Avis Budget Group Inc. (NASDAQ: CAR) and PetSmart, Inc. (NASDAQ: PETM). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3827-100free.

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Target Corporation Analyst Notes
On June 11, 2014, the Board of Directors of Target Corporation (Target) has declared a quarterly cash dividend of $0.52 per common share for Q3 2014, which is payable on September 10, 2014, to shareholders of record at the close of business on August 20, 2014. The full analyst notes on Target are available to download free of charge at:

http://www.analystsreview.com/Jun-18-2014/TGT/report.pdf

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GNC Holdings Inc. Analyst Notes
On June 13, 2014, GNC Holdings Inc. (GNC) announced the resignation of its Executive Vice President and Chief Financial Officer, Michael M. Nuzzo, who is set to accept an executive position at a private equity funded consumer products company. According to GNC, Mr. Nuzzo will still be at the Company at least through July 18, 2014, which will include the preparation of GNC's Q2 2014 earnings release and 10Q, both of which are expected to be issued in late July 2014 or early August 2014. Joe Fortunato, Chairman, President and CEO of GNC said, "Since joining us in 2008, Mike has been instrumental in leading the company through a number of growth initiatives, building the foundation for its transition to a public company, and instituting a disciplined capital structure. I would like to thank Mike for his leadership and dedication, and wish him all the best in his new endeavor." The full analyst notes on GNC are available to download free of charge at:

http://www.analystsreview.com/Jun-18-2014/GNC/report.pdf

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Express, Inc. Analyst Notes
On June 12, 2014, Express, Inc. (Express) announced that it has received a letter from Sycamore Partners (Sycamore), which indicated Sycamore's interest in acquiring Express. Express reported that Sycamore owns c. 9.9% of the Company's outstanding shares. The Company also announced that it has established a Special Committee of the Board to decide on a course of action it believes to be at the best interest of all stockholders, and added that Perella Weinberg Partners LP and Sullivan & Cromwell LLP will serve as advisors to the Company and the Special Committee. In addition to this, Express has adopted a Stockholder Rights Plan, intended to ensure that all stockholders realize the long-term value of their investment in the Company and to protect them from unjust takeover attempts. The Rights Plan also provides the Board sufficient time to determine any and all alternatives to an offer, and in the case the Board believes the action is fair, advisable, and holds the best interests of its stockholders, does not prevent the Board from considering of accepting an offer. Express further stated that under the Rights Plan, one right will be distributed for each share of the Company's outstanding common stock at the close of business as on June 23, 2014, and if any person or group acquires 10% or more of the voting power of Express' outstanding common stock without the Board's approval, there will be a triggering event to dilute the voting power of such person or group. The existing 10% or greater stockholders are grandfathered until their June 12, 2014 ownership levels. Moreover, the Rights Plan, just like any other rights plans of many other public companies, will remain effective until June 12, 2015, unless agreed by the majority of the Company's stockholders or unless the Company earlier redeem or terminate the plan, as provided by the Rights Plan. The full analyst notes on Express are available to download free of charge at:

http://www.analystsreview.com/Jun-18-2014/EXPR/report.pdf

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Avis Budget Group Inc. Analyst Notes
On June 11, 2014, Avis Budget Group Inc. (Avis) announced that Zipcar, its acquired vehicle rental company, has broadened the availability of its car sharing offering - a convenient alternative to car ownership, to individuals, businesses, and visitors of multiple surrounding communities of Chicago. Avis stated that with the addition of a Ford Focus Sedan and a Mazda 3 in Highland Park, Zipcar's availability expanded in more than a dozen suburbs in Chicago, providing a wide array of available vehicles, equipped with gas, insurance, and 180 free miles per day. The full analyst notes on Avis are available to download free of charge at:

http://www.analystsreview.com/Jun-18-2014/CAR/report.pdf

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PetSmart, Inc. Analyst Notes
On June 13, 2014, PetSmart, Inc. (PetSmart) and Nature's Variety® announced the start of selling of Nature Variety's two wholesome pet food brands - Instinct® and Prairie®. According to PetSmart, it started selling both lines on June 9, 2014 in the U.S. and began selling both brands in Canada in late May 2014. Additionally, PetSmart will bring Instinct Raw frozen diets in over 575 stores in the U.S. and Canada. The full analyst notes on PetSmart are available to download free of charge at:

http://www.analystsreview.com/Jun-18-2014/PETM/report.pdf

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EDITOR'S NOTES:
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