Financial Results, Settlement Agreements, Licensing Partnerships, Fall Collections and Retailing Conferences - Research Report on Titan Machinery, Office Depot, Barnes & Noble, HSN, and Five Below
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NEW YORK, September 10, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Titan Machinery, Inc. (NASDAQ: TITN), Office Depot, Inc. (NYSE: ODP), Barnes & Noble, Inc. (NYSE: BKS), HSN, Inc. (NASDAQ: HSNI), and Five Below, Inc. (NASDAQ FIVE). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Titan Machinery, Inc. Research Report
On September 5, 2013, Titan Machinery Inc. (Titan Machinery) reported its Q2 FY 2014 financial results (period ended July 31, 2013). The Company reported revenue growth of 19.0% YoY to $488.2 million. Gross profit for the quarter totaled $83.5 million, compared to $70.4 million in Q2 FY 2013, while net income attributable to common stockholders was $3.8 million compared to $5.2 million in Q2 FY 2013. EPS for the quarter was $0.18 compared to $0.25 in Q2 FY 2013. David Meyer, Titan Machinery's Chairman and CEO, stated, "In the second quarter of fiscal 2014, we generated solid sales for our Agriculture segment. Our higher margin parts and service sales performed well during the quarter; however, they were partially offset by lower than expected equipment margins." For full-year FY 2014, the Company anticipates its revenue to be in the range of $2.25 billion to $2.45 billion, compared to the previous range of $2.35 billion to $2.55 billion. The Full Research Report on Titan Machinery, 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/ea4c_TITN]
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Office Depot, Inc. Research Report
On August 20, 2013, Office Depot, Inc. (Office Depot) announced that the Company and Starboard Value LP, its largest shareholder, have entered into a settlement agreement. As part of the settlement agreement, Starboard nominees Cynthia Jamison, Jeffrey Smith, and Joseph Vassalluzzo have agreed to join the Office Depot Board and will be appointed to the Board upon the resignations of Directors Marsha J. Evans and W. Scott Hedrick, a day after the Company's annual meeting. Neil Austrian, Chairman and CEO of Office Depot said, "The resolution will allow us to continue our progress and momentum in our proposed merger with OfficeMax. Integration planning and the CEO search are already well underway and the merger is on track to close on or before year-end." The Full Research Report on Office Depot, 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/e9d9_ODP]
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Barnes & Noble, Inc. Research Report
On September 3, 2013, Barnes & Noble Inc.'s (Barnes & Noble) subsidiary, Nook Media LLC (NOOK) announced that it will bring newspapers from the leading colleges and universities across the U.S. to its expansive NOOK Newsstand offering through a newly announced content licensing partnership with distribution service UWIRE. According to NOOK, the digital editions of hundreds of college and university newspapers will now be available across all NOOK devices and through the Free NOOK Reading Apps. Jonathan Shar, Vice President & General Manager, Emerging Content, NOOK said, "Through NOOK's exclusive partnership with UWIRE, we are providing a new and convenient way to stay connected with your favorite college or university." The Full Research Report on Barnes & Noble, 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/9b41_BKS]
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HSN, Inc. Research Report
On August 27, 2013, HSN, Inc. (HSN) announced the commencement of its Fall Fashion series featuring fall collection from industry icons such as David Meister, Dee Hilfiger, Hal Rubenstein, Joy Gryson and Hal Rubenstein. The Company informed that HSN will bring the best in fashion, accessories, jewelry and beauty together in one comprehensive fashion destination from August 25, 2013 through September 28, 2013. "Our Fall Fashion series is all about easy ways to elevate your look," says Anne Martin-Vachon, Chief Merchandising Officer for HSN. "By introducing lines from notables like Hal Rubenstein and David Meister, as well as expanding collections from leading HSN designers like Dee Hilfiger and R.J. Graziano, we are making high level fashion accessible for the every day." The Full Research Report on HSN, 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/00a1_HSNI]
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Five Below, Inc. Research Report
On September 4, 2013, Five Below Inc. (Five Below) announced that the Company's management will participate in the 20th Annual Goldman Sachs Global Retailing Conference, to be held at the Plaza Hotel in New York City. Thomas Vellios, Co-Founder and CEO, and Ken Bull, CFO are scheduled to present at the conference on September 11, 2013 at 8:50 a.m. ET. The Company also informed that the live webcast will be available at the Company's website. The Full Research Report on Five Below, 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/31b8_FIVE]
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