Expanding Market Reach with Improved Product Offering - Research Report on Home Depot, Macy's, Genesco, Hibbett Sports, and Zale
NEW YORK, June 5, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Wall Street Reports announced new research reports highlighting The Home Depot, Inc. (NYSE: HD), Macy's, Inc. (NYSE: M), Genesco Inc. (NYSE: GCO), Hibbett Sports, Inc. (NASDAQ: HIBB), and Zale Corporation (NYSE: ZLC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
The Home Depot, Inc. Research Report
On May 23, 2013, The Home Depot, Inc. (Home Depot) announced that its Board of Directors declared a Q1 FY 2013 cash dividend of $0.39 per share. The dividend is payable on June 20, 2013 to shareholders of record on the close of the business on June 6, 2013. This represents the 105th consecutive quarter of cash dividend paid by the Company. Further, the Company announced that Kevin Hofmann, President of Home Depot's Online Business, will speak at the Goldman Sachs Fourth Annual dotCommerce Day in New York, NY on June 6, 2013. The speech will be webcast live over the Internet and can be accessed at the Company's website. The Full Research Report on The Home Depot, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/1777_HD]
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Macy's, Inc. Research Report
On May 31, 2013, Macy's Inc. (Macy's) announced its plan to open a new store in Ponce, Puerto Rico in fall 2015. The newest store will be located in Plaza Del Caribe, the largest mall in southern Puerto Rico. "We look forward to the opportunity to serve the large and dynamic market in Southern, Central and Western Puerto Rico with the distinctive fashion, great value and exciting shopping experience for which Macy's is well known," said Peter Sachse, Macy's Chief Stores Officer. "Macy's has been warmly received by Dr. María Meléndez Altieri, Mayor of Ponce, and her staff. We appreciate their support, and look forward to Macy's being a good employer and involved citizen of the Ponce community." Ponce will be Macy's second store in Puerto Rico. The first one, a very successful existing location in Plaza Las Américas in San Juan, opened in 2000. The Full Research Report on Macy's, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/b799_M]
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Genesco Inc. Research Report
On May 31, 2013, Genesco Inc. (Genesco) reported its Q1 FY 2014 financial results (period ended May 4, 2013), posting earnings from continuing operations of $18.5 million or $0.78 per diluted share, compared to $20.8 million or $0.86 per diluted share in Q1 FY 2013. The Company's net sales decreased 1.5% YoY to $591 million. Robert J. Dennis, Chairman, President and Chief Executive Officer of Genesco, said, "After a slow start in February, which we attribute primarily to delayed processing of federal income tax refunds, comparable sales improved for the balance of the quarter, despite continued headwinds from unseasonably cold weather. Strong gains in our direct channel helped partially offset soft retail traffic, which combined with well-controlled expenses allowed us to deliver earnings that were slightly ahead of expectations." The Company reaffirmed its previously issued guidance for full-year FY 2014, with adjusted diluted EPS in the range of $5.57 to $5.67, a 10% to 12% YoY increase over FY 2013 adjusted EPS of $5.06. The Full Research Report on Genesco Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/d8e7_GCO]
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Hibbett Sports, Inc. Research Report
On May 30, 2013, Hibbett Sports, Inc. (Hibbet) announced the opening of its new store in Paola, Kansas. The new store opened at 1401 Baptiste Drive in Paola on May 25, 2013. Announcing the opening, Jeff Rosenthal, President and Chief Executive Officer of Hibbett Sporting Goods, Inc., said, "This convenient new location is a win-win for our company and the Paola community. We are very excited to serve the customers in this area." Kansas has been a target of the Company's expansion for several years and with the addition of the Paola location, the Company has a total of 23 stores open in Kansas. "We research the markets we enter to learn what the customers of that area want from a sporting goods store," Rosenthal added. "We constantly update our merchandise assortment to offer the latest in product technology, performance and fashion so that we can meet the diverse needs of our customer's active lifestyles." The Full Research Report on Hibbett Sports, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/ec66_HIBB]
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Zale Corporation Research Report
On May 22, 2013, Zale Corporation (Zale) reported its Q3 FY 2013 financial results (period ended April 30, 2013). The Company reported revenues of $443 million, compared to $445 million in Q3 FY 2012. Comparable store sales for the quarter were up 1.4% YoY, compared to an 8% YoY rise in Q3 FY 2012. The Company's net earnings were $5 million or $0.13 per diluted share, compared to a loss of $5 million, or $0.14 per share in Q3 FY 2012. "We delivered strong results in March and April after a slow start to the quarter in February, which resulted in our tenth consecutive quarter of positive comps," commented Theo Killion, Chief Executive Officer of Zale. "These results reflect the recent investments we have made to improve the effectiveness of our guest-facing teams and the appeal of our product offerings." The Full Research Report on Zale Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/8643_ZLC]
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SOURCE Wall Street Reports
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