Quarterly Earnings Releases, Event Schedules, Tender Offer, and Executive Appointments - Research Reports on CBS, Restoration Hardware, Family Dollar, Hertz and Tractor Supply
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NEW YORK, September 15, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding CBS Corporation (NYSE: CBS), Restoration Hardware Holdings, Inc. (NYSE: RH), Family Dollar Stores Inc. (NYSE: FDO), Hertz Corporation (NYSE: HTZ) and Tractor Supply Company (NASDAQ: TSCO). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/6462-100free.
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CBS Corporation Research Reports
On September 8, 2014, CBS Corporation (CBS) announced that its President and CEO Leslie Moonves will participate a question-and-answer session at the Bank of America Merrill Lynch 2014 Media, Communications and Entertainment Conference in New York on September 17, 2014. The session will begin at 1:35 p.m. PT and an audio webcast of the same can be accessed via the Company website. The full research reports on CBS are available to download free of charge at:
http://www.analystsreview.com/Sep-15-2014/CBS/report.pdf
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Restoration Hardware Holdings, Inc. Research Reports
On September 10, 2014, Restoration Hardware Holdings, Inc. (Restoration Hardware) announced its Q2 FY 2014 financial results (period ended August 2, 2014). The Company's revenues during the quarter increased 13.5% YoY to $433.8 million, but missed the Zacks Consensus Estimates of $454 million. Restoration Hardware reported its net income at $27.3 million or $0.66 per diluted share, compared to net loss of $17.8 million or $0.46 per diluted share in Q2 FY 2013. On a non-GAAP basis, the Company's net income stood at $0.67 per diluted share, up from $0.49 per diluted share in the year ago period. Analysts at Zacks Investment Research expected the Company's adjusted diluted EPS at $0.64. Also, the Company has lowered its full-year FY 2014 revenue guidance range to 1.85-$1.87 billion from $1.86-$1.89 billion range projected earlier. The full research reports on Restoration Hardware are available to download free of charge at:
http://www.analystsreview.com/Sep-15-2014/RH/report.pdf
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Family Dollar Stores Inc. Research Reports
On September 10, 2014, Family Dollar Stores, Inc. (Family Dollar) issued a press release to confirm that Dollar General Corporation (Dollar General) has commenced an unsolicited conditional tender offer to acquire all of the outstanding common stock of Family Dollar for $80.00 per share in cash. Family Dollar stated that terms of the tender offer are same as those in the proposal made by Dollar General on September 2, 2014, which the board of directors of Family Dollar rejected unanimously on September 5, 2014 on the basis of antitrust regulatory considerations. Dollar General initiated tender offer after getting its bids rejected twice by the Family Dollar's board. The Company said it is reviewing the tender offer, and will advise to shareholders of the Board's position regarding the tender offer by making a recommendation statement on Schedule 14D-9, no later than September 23, 2014. The full research reports on Family Dollar are available to download free of charge at:
http://www.analystsreview.com/Sep-15-2014/FDO/report.pdf
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Hertz Corporation Research Reports
On September 10, 2014, Hertz Corporation (Hertz) announced that its wholly owned subsidiary, Hertz Equipment Rental Corporation (HERC), has appointed Christian Cunningham to a newly created role of Chief Human Resources Officer. The move is a part of the Hertz's previously announced plan to separate its car and equipment rental businesses into standalone, publicly traded companies. According to Hertz, Cunningham has significant, senior-level experience in the Initial Public Offering (IPO) process, talent acquisition, board liaison, performance management and governance matters. Most recently, he held the position of Vice President, HR, Compensation and Benefits at Sunoco Inc. and Sunoco Logistics, from 2010 to 2013. The full research reports on Hertz are available to download free of charge at:
http://www.analystsreview.com/Sep-15-2014/HTZ/report.pdf
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Tractor Supply Company Research Reports
On September 2, 2014, Tractor Supply Company (TSCO) announced the appointment of Chad Frazell as Senior Vice President, Human Resources. In this role, Frazell reports to Greg Sandfort, President and CEO, and serves on the Company's executive committee. Before joining TSCO, Frazell was Senior Vice President, Human Resources for Shopko Stores Operating Co., LLC. "With his extensive experience in human resources and operations in the retail industry, Chad will play an integral role in our Company's future success as we continue to expand and create jobs in the communities we serve," said Sandfort. The full research reports on Tractor Supply are available to download free of charge at:
http://www.analystsreview.com/Sep-15-2014/TSCO/report.pdf
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