Quarterly Financial Results, Board Changes, Earnings Schedules and Strategic Acquisitions - Research Report on Macy's J.C. Penney, Dillard's, DSW, and Men's Wearhouse

NEW YORK, August 23, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Macy's, Inc. (NYSE: M), J. C. Penney (NYSE: JCP), Dillard's Inc. (NYSE: DDS), DSW Inc. (NYSE: DSW), and The Men's Wearhouse, Inc. (NYSE: MW). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Macy's, Inc. Research Report

On August 14, 2013, Macy's Inc. (Macy's) released its Q2 FY 2014 financial results (period ended August 3, 2013). The Company reported total net sales of $6.1 billion, down 0.8% YoY. Diluted EPS for the quarter was $0.72, representing a growth of 7.5% YoY. "Our performance in the period, in part, reflects consumers' continuing uncertainty about spending on discretionary items in the current economic environment," said Terry J. Lundgren, Macy's, Inc. Chairman, President and CEO. "Bloomingdale's sales rebounded in the second quarter, and we are encouraged by our recent momentum," The Company anticipates comparable store sales for H2 FY 2014 to grow in the range of 2.5% to 4% YoY, leading to a full year FY 2014 comparable sale growth between 2.0% to 2.9% YoY. In addition, earnings for full-year FY 2014 are now expected in the range of $3.80 to $3.90 per diluted share. 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.AnalystsCorner.com/r/full_research_report/b69d_M]

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J. C. Penney Company, Inc. Research Report

On August 13, 2013, J.C. Penney Company, Inc. (JC Penney) announced changes to its Board of Directors. Firstly, it informed that William A. Ackman has resigned from the Board effective August 12, 2013 and on the same date, Ronald W. Tysoe, a retail industry executive, has been elected to the Company's Board. Thomas Engibous, Chairman of the Board of Directors, said, "The Company is extremely fortunate to have the benefit of Ron Tysoe's judgment and experience at this important time. His deep knowledge of the retail industry and his financial expertise will be invaluable to us as we continue the work underway to return J. C. Penney to profitability and growth. I would like to thank Bill Ackman for his service on the Board over the past two years." JC Penney informed that Ronald W. Tysoe has over 20 years of retail, finance and real estate investment industry experience. The Full Research Report on J. C. Penney Company, 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/500f_JCP]

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Dillard's Inc. Research Report

On August 14, 2013, Dillard's Inc. (Dillard's) reported its Q2 FY 2014 financial results (period ended August 3, 2013). Net sales for the quarter came in at $1.5 billion, down 0.5 % YoY. Gross margins from retail operations improved to 34.4% from 34.3% in Q2 FY 2013. The Company reported net income of $36.5 million or $0.79 per share, compared to $31.0 million or $0.63 per share in Q2 FY 2013. Dillard's CEO, William T. Dillard, II, stated, "Following a strong start to the year, we made further progress in the second quarter. Positive comparable store sales and gross margin expansion combined with continued expense control enabled us to report another quarter of year over year improvement at Dillard's." The Full Research Report on Dillard's 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/f901_DDS]

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DSW Inc. Research Report

On August 5, 2013, DSW Inc. (DSW) released its sales results for Q2 FY 2014 (period ended August 3, 2013) and increased its full year earnings guidance. The Company reported net sales of approximately $558 million, compared to $512 million in Q2 FY 2013. Same store sales for the quarter increased by approximately 4.3% YoY, compared to an increase of 4.2% YoY in Q2 FY 2013. For full-year FY 2014, EPS guidance was raised to $3.60 to $3.80 per share, from its previous guidance of $3.40 to $3.60 per share. The Company stated that this update assumes low single digit same store sales growth for full-year FY 2014. DSW further informed that it will hold a conference call to discuss its Q2 FY 2014 financial report on August 27, 2013, Tuesday at 8:30 a.m. ET. and issue a financial press release prior to the call. The Full Research Report on DSW 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/e23c_DSW]

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The Men's Wearhouse, Inc. Research Report

On August 6, 2013, The Men's Wearhouse, Inc. (The Men's Wearhouse) announced that it has completed the acquisition of JA Apparel Corp, the American clothing brand for approximately $97.5 million in cash. Doug Ewert, President and CEO at Men's Wearhouse said, "We are delighted to have closed on this acquisition promptly and have reunited Joseph Abboud with his iconic brand at Men's Wearhouse. This accelerates our strategy of offering exclusive brands with broad appeal at attractive prices. Current and future customers will benefit from authentic American designer clothing, manufactured in the USA, at unparalleled value." The Company informed that JA Holding, Inc. will continue to operate as a wholly owned subsidiary of The Mens Wearhouse. The Full Research Report on The Men's Wearhouse, 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/ef39_MW]

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SOURCE Analysts' Corner

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