Earnings Results, Performance Updates, and New Promotions - Research Report on Bed Bath & Beyond, JCPenney, Sears, Pier 1 Imports, and Lumber Liquidators
NEW YORK, January 14, 2014 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Bed Bath & Beyond Inc. (NASDAQ: BBBY), J. C. Penney Company, Inc. (NYSE: JCP), Sears Holdings Corporation (NASDAQ: SHLD), Pier 1 Imports, Inc. (NYSE: PIR), and Lumber Liquidators Holdings, Inc. (NYSE: LL). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Bed Bath & Beyond Inc. Research Report
On January 8, 2014, Bed Bath & Beyond Inc. (Bed Bath & Beyond) reported its financial results for Q3 FY 2013 (period ended November 30, 2013). Net sales of the Company increased 6.0% YoY to $2.9 billion. Net earnings for the quarter were $237.2 million or $1.12 per diluted share, compared to net earnings of $232.8 million or $1.03 per diluted share in Q3 FY 2012. The Company stated that it is now modeling net earnings per diluted share to be approximately $1.60 to $1.67 for the Q4 FY 2013 as compared to its previous model of $1.70 to $1.77, and approximately $4.79 to $4.86 for the full year FY 2013 as compared to the previous model of $4.88 to $5.01. The Full Research Report on Bed Bath & Beyond 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/0690_BBBY
--
J. C. Penney Company, Inc. Research Report
On January 8, 2014, J. C. Penney Company, Inc. (JCPenney) reported that the Company is pleased with its performance for the holiday period that showed continued progress in its turnaround efforts. According to the Company, its offerings received good response from customers, both in store and online, during this holiday shopping season. JCPenney added that it is reaffirming its outlook for Q4 2013, as previously outlined in its Q3 2013 earnings release dated November 20, 2013. The Full Research Report on J. C. Penney Company, 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/500f_JCP
--
Sears Holdings Corporation Research Report
On January 9, 2014, Sears Holdings Corporation (Sears) reported an update on its quarter-to-date performance and financial position. Sears stated that total domestic comparable store sales for the quarter-to-date period declined 7.4%, comprising of decreases of 5.7% at Kmart and 9.2% at Sears Domestic. The Company added that for Q4 FY 2013 (period ending February 1, 2014), it expects consolidated adjusted EBITDA between $(65) million and $65 million, and expects reported net loss attributable to Holdings' shareholders between $250 million and $360 million, or between $2.35 and $3.39 loss per diluted share. Sears stated that for full year FY 2013, consolidated adjusted EBITDA is expected to be between $(284) million and $(414) million, and reported net loss attributable to Holdings' shareholders is expected to be between $1.3 billion and $1.4 billion, or between $11.85 and $12.88 loss per diluted share. The Company informed that it intends to release financial results for its Q4 FY 2013 and full year FY 2013 around February 27, 2014, before the market opens and hold an analyst and investor conference call on that date. The Full Research Report on Sears Holdings 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/e176_SHLD
--
Pier 1 Imports, Inc. Research Report
On January 9, 2014, Pier 1 Imports, Inc. (Pier 1 Imports) reported that comparable store sales for the five-week period ended January 4, 2014 increased 1.3%, compared to the five-week period ended January 5, 2013. The Company also provided financial guidance for the Q4 FY 2014 on a comparable 13-week basis. Pier 1 Imports stated that for the quarter, it expects total sales growth to be in the low- to mid-single digit range, comparable store sales to be approximately flat, and EPS to be in the range of $0.47 to $0.52. The Company further stated that it will announce Q4 FY 2014 and full year FY 2014 results (period ending March 1, 2014) on April 10, 2014 and will host a conference call on the same day to discuss the results. The Full Research Report on Pier 1 Imports, 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/b370_PIR
--
Lumber Liquidators Holdings, Inc. Research Report
On January 9, 2014, Lumber Liquidators Holdings, Inc. (Lumber Liquidators) announced that James Davis and Charles Schwartz have been promoted to the positions of Senior Vice President of Sales, and Chief Information Officer and Senior Vice President of Business Development, respectively. The Company stated that as part of the new role, Mr. Davis will supervise the performance of retail store operations, along with the further development of commercial sales. Lumber Liquidators further added that Mr. Schwartz will continue to lead all technology functions and direct the implementation of certain of the Company's key strategic initiatives. The Company informed that both executives will continue to report directly to Robert Lynch, President and CEO. The Full Research Report on Lumber Liquidators Holdings, 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/f628_LL
----
EDITOR NOTES:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
- For any urgent concerns or inquiries, please contact us at [email protected].
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Analysts' Corner
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article