Earnings Results, New Leadership Roles, and Corporate Statements - Analyst Notes on Big Lots, Sally Beauty, CST Brands, Barnes & Noble, and PriceSmart
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, March 12, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Big Lots Inc. (NYSE: BIG), Sally Beauty Holdings Inc. (NYSE: SBH), CST Brands, Inc. (NYSE: CST), Barnes & Noble, Inc. (NYSE: BKS), and PriceSmart Inc. (NASDAQ: PSMT). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
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Big Lots Inc. Analyst Notes
On March 7, 2014, Big Lots Inc. (Big Lots) announced the promotion of Timothy A. Johnson to Executive Vice President, Chief Financial Officer. According to Big Lots, Johnson has served as Chief Financial Officer since 2012 with primary responsibility for all financial disciplines within the Company including financial reporting and controls, treasury, risk management, tax, internal audit, financial planning and analysis, and investor relations. The Company stated that over the last several months, his role has expanded significantly to include responsibility for the Company's real estate strategy and administration in conjunction with the asset protection of its stores, distribution centers, and offices. Big Lots informed that he is also a member of the Executive Leadership Team and assists in charting the Company's strategic direction. The full analyst notes on Big Lots Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03122014/BIG/report.pdf
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Sally Beauty Holdings Inc. Analyst Notes
On March 5, 2014, Sally Beauty Holdings Inc. (Sally Beauty) released a statement in response to rumors throughout the retail industry regarding security intrusions at various retailers. The Company stated, "Recently, our systems detected an attempted intrusion into our Sally Beauty Supply LLC network, and we believe we promptly mitigated potential issues arising from this intrusion. As a result of our ongoing investigation, which included assistance from a top-tier security firm, we have no reason to believe there has been any loss of credit card or consumer data. We will continue to investigate and actively monitor this situation." The full analyst notes on Sally Beauty Holdings Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03122014/SBH/report.pdf
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CST Brands, Inc. Analyst Notes
On March 6, 2014, CST Brands, Inc. (CST Brands) reported its financial results for Q4 2013. The Company's revenues decreased 4.2% YoY to $3.1 billion. Net income was $34 million or $0.44 per diluted share, compared to net income of $60 million or $0.78 per diluted share in Q4 2012. Commenting on the news, Chairman and CEO Kim Bowers said, "As you compare our 2013 results to 2012, keep in mind that we took on additional costs as we established ourselves as an independent, publicly traded company. The company also launched several new initiatives, built more stores than ever before, and began programs to further maximize gross profit capture of the available fuel margin. In 2012, we experienced a historical high fuel volume and margin environment that was not repeated in 2013." The full analyst notes on CST Brands, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03122014/CST /report.pdf
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Barnes & Noble, Inc. Analyst Notes
On March 5, 2014, Barnes & Noble, Inc. (Barnes & Noble) announced the winners of the 23rd Annual Discover Great New Writers Awards. The Company proudly informed that Anthony Marra's novel, A Constellation of Vital Phenomena (Hogarth/Crown Publishing Group), and Justin St. Germain's memoir, Son of a Gun (Random House) have been named the winners of the 2013 Discover Awards for fiction and nonfiction, respectively. The Company stated that each writer was awarded a cash prize of $10,000 and a full year of marketing and merchandising support from the bookseller. Second place winners were NoViolet Bulawayo's We Need New Names (Little, Brown & Co.) for fiction and Sonali Deraniyagala's Wave (Alfred A. Knopf) for nonfiction. It was also mentioned by Barnes & Noble that each award in the second place carries a $5,000 cash prize, while third place was awarded to Bobcat and Other Stories by Rebecca Lee (Algonquin Books of Chapel Hill) for fiction and With or Without You by Domenica Ruta (Spiegel & Grau) for nonfiction and each received a $2,500 cash prize. The full analyst notes on Barnes & Noble, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03122014/BKS/report.pdf
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PriceSmart Inc. Analyst Notes
On March 6, 2014, PriceSmart Inc. (PriceSmart) announced that for the month of February 2014, net sales increased 11.0% YoY to $182.8 million from $164.7 million in February 2013. The Company also stated that for the six months ended February 28, 2014, net sales increased 11.8% YoY to $1.2 billion from $1.1 billion in the same period last year. PriceSmart also stated that it plans to release Q2 FY 2014 financial results on April 9, 2014. The Company mentioned that its management is also set to host a conference call at 12:00 p.m. ET on April 10, 2014 to discuss the financial results. The full analyst notes on PriceSmart Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03122014/PSMT/report.pdf
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