Earnings and Conference Call Schedules, Management Changes, New Product Launches, and Director Appointments - Analyst Notes on Hershey, VF, Nike , Kimberly-Clark and Lorillard
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NEW YORK, April 14, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Hershey Co. (NYSE: HSY), V.F. Corporation (NYSE: VFC), Nike Inc. (NYSE: NKE), Kimberly-Clark Corp. (NYSE: KMB) and Lorillard Inc. (NYSE: LO). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1077-100free.
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Hershey Co. Analyst Notes
On April 8, 2014, Hershey Co. (Hershey) announced that the Company plans to release its Q1 2014 results on April 24, 2014. Following the result release, the Company will hold a conference call at 8:30 a.m. to discuss the results. According to Zacks Investment Research data, the consensus EPS forecast for Q1 2014 is $1.16, compared to $1.09 in Q1 2013. The Company late last year announced agreement to acquire 80% of the China-based Shanghai Golden Monkey Food Joint Stock Co., Ltd. (SGM) to accelerate its growth in China. The transaction is expected to be completed in Q2 2014 and be slightly accretive to Hershey's earnings on an adjusted basis in 2014. The full analyst notes on Hershey are available to download free of charge at:
http://www.analystsreview.com/1077-HSY-14Apr2014.pdf
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V.F. Corporation Analyst Notes
On April 8, 2014, V.F. Corporation (VF) announced the appointment of Steve Rendle to the newly created position of Senior Vice President, Americas. Since 2011, Rendle has served as Vice President & Group President, Outdoor & Action Sports Americas. The Company also announced some other management changes including: the promotion of Patrik Frisk, currently Timberland brand President to the post of Coalition President, Outdoor Americas with responsibility for brands like The North Face, Timberland, JanSport, lucy, and SmartWool; and the promotion of Kevin Bailey, currently Vans brand President, to the Coalition President, Action Sports Americas and Vans. Eric Wiseman, VF's President and CEO, said, "With powerful brands and strong business platforms that unify our organization, we are able to put the right people in the right positions to consistently fuel growth and create value for our shareholders." The full analyst notes on VF are available to download free of charge at:
http://www.analystsreview.com/1077-VFC-14Apr2014.pdf
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Nike Inc. Analyst Notes
On April 8, 2014, Nike Inc. (Nike) announced the launch of new Mercurial Vapor IX CR7 Special Edition shoe, commemorating Cristiano Ronaldo's remarkable season, in which he averaged more than one goal per game and became quickest player in his club's history to score 200 goals for the club. According to the Company, the new boot features a simple white upper a nod to Ronaldo's affinity for white boots, and a special gold plate. Denis Dekovic, Design Director for Nike Football Footwear, said, "Cristiano Ronaldo is such an exceptional player, and we wanted to celebrate all his accomplishments this season with a unique boot to honor his amazing success." The full analyst notes on Nike are available to download free of charge at:
http://www.analystsreview.com/1077-NKE-14Apr2014.pdf
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Kimberly-Clark Corp. Analyst Notes
On April 7, 2014, Kimberly-Clark Corp. (Kimberly-Clark) announced that the Company plans to release its Q1 2014 results on April 21, 2014, followed by a conference call at 9:00 a.m. CDT to discuss the performance. The Company's Chairman and CEO, Thomas Falk along with Senior Vice President and CFO,Mark Buthman will participate in the call, hich will be webcast live. According to Zacks Investment Research data, the consensus EPS forecast for Q1 2014 is $1.48. The full analyst notes on Kimberly-Clark are available to download free of charge at:
http://www.analystsreview.com/1077-KMB-14Apr2014.pdf
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Lorillard Inc. Analyst Notes
On March 31, 2014, Lorillard Inc. (Lorillard) announced that the Company has elected Jerry W. Levin to its Board of Directors, effective immediately. According to the Company, the Board is now comprised of nine members, eight of whom are Non-Executive Independent Directors. Commenting on the election, Murray S. Kessler, Chairman, President and CEO of Lorillard, said, "We are delighted that Jerry has joined our Board. He brings extensive leadership and strategic experience within the consumer products industry to our Board's already broad range of talents." The full analyst notes on Lorillard are available to download free of charge at:
http://www.analystsreview.com/1077-LO-14Apr2014.pdf
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