Financial Results Release, New Partnerships, Social Commitments, and Technical Updates - Analyst Notes on Michael Kors, eBay, WalMart, Dollar General and Bed Bath & Beyond
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NEW YORK, June 2, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Michael Kors Holdings Ltd (NYSE: KORS), eBay Inc. (NASDAQ: EBAY), Wal-Mart Stores, Inc. (NYSE: WMT), Dollar General Corp. (NYSE: DG) and Bed Bath & Beyond Inc. (NASDAQ: BBBY). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3184-100free.
Michael Kors Holdings Ltd Analyst Notes
On May 28, 2014, Michael Kors Holdings Ltd (Michael Kors) released its Q4 FY 2014 and full-year FY 2014 results (period ended March 29, 2014). For the quarter, total revenues increased 53.6% YoY to $917.5 million, while quarterly retail net sales increased 49.7% YoY to $408.4 million - driven by a 26.2% growth in comparable store sales and 101 new store openings since the end of Q4 FY 2013. Full-year FY 2014 revenues stood at $3.3 billion, up 51.8% YoY. Annual retail sales for Michale Kors were $1.6 billion, a 49.9% YoY increase. The Company also provided its outlook for Q1 FY 2015, and expects total revenues for the quarter to be in the range of $840 million to $850 million, and diluted EPS in the range of $0.78 to $0.80. The full analyst notes on Michael Kors are available to download free of charge at:
http://www.analystsreview.com/KORS.pdf/Register
eBay Inc. Analyst Notes
On May 28, 2014, eBay Inc. (eBay) issued a press release stating that racing star Dale Earnhardt Jr. has formed a partnership with the Company through which, Earnhardt will share his passion for all things automotive and give back to the community via the Dale Earnhardt Jr. foundation. According to the Company, the partnership includes an eBay car which will be driven by Earnhardt at the Quicken Loans 400 at Michigan International Speedway on June 14, 2014. In addition, the Company stated that Earnhardt has created his own eBay Garage Profile, where fans can peek into his personal car collection. Earnhardt'sfans who make their own profiles on eBay Garage can enter to win a 2014 Chevy Camaro from May 28 to June 30, and for each entry, $1.00 will be donated by the Company to the Dale Jr. Foundation (upto $25,000). More exclusive opportunities will be announced by eBay and Earnhardt through Earnhardt's Garage on eBay in the coming months, the Company said. The full analyst notes on eBay are available to download free of charge at:
http://www.analystsreview.com/EBAY.pdf/Register
Wal-Mart Stores, Inc. Analyst Notes
On May 21, 2014, Wal-Mart Stores, Inc. (Walmart) reported that in the first year of Walmart's Veterans Welcome Home Commitment, it has hired more than 42,000 veterans. The Walmart Foundation has also pledged an additional $20 million through 2019 to support veteran employment and transition programs, doubling down on its commitment to veterans. Bill Simon, Walmart U.S. President and CEO and U.S. Navy veteran remarked, "We have a generation of veterans who have built a legacy of incredible service and sacrifice to our nation. We have hired veterans at every career stage and in every part of our company, from stores and distribution centers to the home office and Walmart.com. Veterans bring invaluable skills including leadership, commitment and hard work, which make our workforce even stronger." The full analyst notes on WalMart are available to download free of charge at:
http://www.analystsreview.com/WMT.pdf/Register
Dollar General Corp. Analyst Notes
On May 28, 2014, Dollar General Corp.'s (Dollar General) stocks slipped 3.02% to end trading at $54.60 per share. Over the past five days of trading, Dollar General's shares have fallen 0.22% compared to the Dow Jones Industrial Average which has increased 1.58% during the same period. The full analyst notes on Dollar General are available to download free of charge at:
http://www.analystsreview.com/DG.pdf/Register
Bed Bath & Beyond Inc. Analyst Notes
On May 28, 2014, Bed Bath & Beyond Inc.'s (Bed Bath & Beyond) stock price decreased 1.53% to close trading at $60.51 per share. The Company's stocks also fell 3.48% over the past month of trade compared to the Nasdaq Composite which gained 3.70% during that same period. The full analyst notes on Bed Bath & Beyond are available to download free of charge at:
http://www.analystsreview.com/BBBY.pdf/Register
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