Financial Results, Updated Guidance and Conference Calls Schedules - Research Report on Fortune Brands, La-Z-Boy, Tempur Pedic, Select Comfort, and American Woodmark
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NEW YORK, November 25, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Fortune Brands Home & Security, Inc. (NYSE: FBHS), La-Z-Boy Inc. (NYSE: LZB), Tempur Pedic International Inc. (NYSE: TPX), Select Comfort Corporation (NASDAQ: SCSS), and American Woodmark Corp. (NASDAQ: AMWD). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Fortune Brands Home & Security, Inc. Research Report
On October 23, 2013, Fortune Brands Home & Security, Inc. (Fortune Brands) reported its Q3 2013 financial results with net sales growth of 23.8% YoY to $1.1 billion. Net Income attributable to the Company grew 60.5% YoY to $64.2 million in Q3 2013. Diluted EPS for the quarter were $0.37, compared to $0.24 in Q3 2012. "We continue to leverage our structural competitive advantages and the market recovery to deliver profitable growth," said Chris Klein, CEO of Fortune Brands. "We are again increasing our 2013 annual outlook based on our strong performance." The Company informed that for full-year 2013, it anticipates annual sales growth of 15% to 16% and diluted EPS before charges/gains to be in the range of $1.47 to $1.49. The Full Research Report on Fortune Brands Home & Security, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://analystscorner.com/microwriter/link.php?s=DDD
http://www.analystscorner.com/r/full_research_report/6ff0_FBHS
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La-Z-Boy Inc. Research Report
On November 19, 2013, La-Z-Boy Inc. (La-Z-Boy) reported its Q2 FY 2014 (period ended October 26, 2013) financial results. The Company reported total sales of $366.4 million, up 13.7% YoY. Net income attributable to La-Z-Boy was $16.7 million or $0.31 per diluted share in Q2 FY 2014, compared to $6.6 million or $0.12 per share in Q2 FY 2013. Kurt L. Darrow, Chairman, President and CEO of La-Z-Boy, said, "Our performance for the quarter reflects the successful execution of our sales, merchandising and integrated retail strategies as well as the efficiencies with which we are running our operations. We believe our positive sales trajectory is indicative of continued market share gains, and with the strength of the La-Z-Boy brand, our vast distribution network and our lean manufacturing structure, we are well positioned for future profitable growth." The Full Research Report on La-Z-Boy Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://analystscorner.com/microwriter/link.php?s=
http://www.analystscorner.com/r/full_research_report/16c3_LZB
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Tempur Pedic International Inc. Research Report
On November 6, 2013, Tempur Sealy International, Inc. (Tempur Sealy) reported its Q3 2013 financial results with total net sales growth of 111.4% YoY at $735.5 million. GAAP net income attributable to the Company totaled at $40.2 million or $0.65 per diluted share in Q3 2013, compared to GAAP net loss attributable to the Company of $2.0 million or $0.03 per diluted share in Q3 2012. Tempur Sealy's CEO, Mark Sarvary, commented, "Overall our third quarter was in line with our expectations. The steps we have taken to improve Tempur North America's performance showed progress and led to a slight sales increase during the quarter. Our Sealy business also showed growth during the quarter. However, Tempur International results were slightly below our plan due to continued weakness in Europe. The integration with Sealy continues to progress well, cost synergies continue to track to our plan, and we remain very excited about our ability to capture significant revenue synergies." The Company anticipates full-year 2013 net sales to range from $2.425 billion to $2.450 billion. The Full Research Report on Tempur Pedic International Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://analystscorner.com/microwriter/link.php?s=
http://www.analystscorner.com/r/full_research_report/a799_TPX
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Select Comfort Corporation Research Report
On November 12, 2013, Select Comfort Corp. (Select Comfort) reaffirmed its full-year 2013 outlook, updated during its Q3 2013 earnings release in mid-October 2013. The Company anticipates full-year 2013 GAAP earnings per diluted share in the range of $1.14 and $1.22, while Q4 2013 earning per diluted share is expected to range between $0.18 and $0.26. The Full Research Report on Select Comfort Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://analystscorner.com/microwriter/link.php?s=
http://www.analystscorner.com/r/full_research_report/1b27_SCSS
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American Woodmark Corp. Research Report
On November 12, 2013, American Woodmark Corp. (American Woodmark) announced the schedule for its Q2 FY 2014 conference call. The Company informed that it will provide an online, real-time webcast of its conference call to discuss its quarterly financial results on Tuesday, November 26, 2013. According to the Company, the live broadcast of American Woodmark's conference call will be available at the Company's website, beginning at 11:00 a.m. ET on the aforesaid date. The Full Research Report on American Woodmark Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://analystscorner.com/microwriter/link.php?s=
http://www.analystscorner.com/r/full_research_report/4b54_AMWD
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