Quarterly Financial Results, New Contracts, Appointments, Purchase Agreements, and Innovation Challenges - Research Report on lululemon, Herbalife, Kimberly-Clark, Under Armour, and Vera Bradley
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NEW YORK, September 17, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting lululemon athletica inc. (NASDAQ: LULU), Herbalife Ltd. (NYSE: HLF), Kimberly-Clark Corporation (NYSE: KMB), Under Armour Inc. (NYSE: UA), and Vera Bradley Inc. (NASDAQ: VRA). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
lululemon athletica inc. Research Report
On September 12, 2013, lululemon athletica inc. (lululemon) announced its Q2 FY 2013 financial results (period ended August 4, 2013). The Company's net revenue increased 21.9% YoY to $344.5 million during the quarter. Net income attributable to lululemon came in at $56.5 million or $0.39 per diluted share, in Q2 FY 2013, almost flat compared to net income attributable to lululemon of $57.2 million or $0.39 per diluted share, in Q2 FY 2012. Commenting on the results, lululemon's CEO, Christine Day, said, "2013 continues to be the most important and most productive year in lululemon's history. We have not only worked our way back from the black luon setback, but have also added very talented people in important functions and have taken major steps forward on a number of key fronts including the expansion of our international and men's businesses and many logistical initiatives. In addition, our exclusive partnership with Noble announced today and additional sources for luon will help to ensure that lululemon remains a distinct leader in quality and innovation." The Full Research Report on lululemon athletica 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/c130_LULU]
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Herbalife Ltd. Research Report
On September 5, 2013, Herbalife Ltd. (Herbalife) announced that it has appointed the former mayor of Los Angeles, Mayor Antonio Villaraigosa to serve as the Senior Advisor to Chairman and CEO, Michael O. Johnson, as well as to the Board of Directors of the Company. The Company stated that in his new role, Villaraigosa will provide counsel on strategic business development and global community reach. Commenting on the appointment, Johnson said, "Antonio knows our company well. He understands our nutrition products as well as the way our business model works and the value it can bring to communities. His years of experience leading a major U.S. city give Antonio a unique understanding of the opportunities Herbalife can bring to people across the globe. His knowledge and perspective will be a valuable addition to our team." The Full Research Report on Herbalife Ltd. - 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/9c80_HLF]
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Kimberly-Clark Corporation Research Report
On September 12, 2013, Kimberly-Clark Corporation (Kimberly-Clark) announced that it has entered into a single-source, three-year purchasing agreement with Novation for its KIMGUARD Sterilization Wrap products. According to the Company, under the terms of this agreement with Novation, the highest quality sterilization wrap with demonstrated clinical advantages and favorable cost benefits will be available to more than 65,000 members and affiliates of VHA Inc. UHC, Children's Hospital Association, and Provista, LLC. Chris Lowery, Vice President, Sales and Marketing, Kimberly-Clark Health Care, said, "This new agreement is a testament to our long-standing relationship with Novation and our commitment to provide world class products and services to hospital organizations. We are excited about the opportunity to continue to provide the members served by Novation with our full line of Kimguard Sterilization Wrap products as well as access to our clinical education offerings." The Full Research Report on Kimberly-Clark Corporation - 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/a3ff_KMB]
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Under Armour Inc. Research Report
On September 4, 2013, Under Armour Inc. (Under Armour)along with the NFL, and General Electric Company (GE) announced the launch of Head Health Challenge II, an open innovation challenge that awards up to $10 million for new innovations and materials that can protect the brain from traumatic injury and for new tools for tracking head impacts in real time. Kevin Plank, Founder and CEO of Under Armour, said, "As longstanding partners of the NFL and in collaboration with GE, we take great pride in our participation in the Head Health Challenge II. We are excited to harness the power of innovation and assemble the best minds in the world towards an effort to make the field of play safer across all sports and for all athletes." The Full Research Report on Under Armour 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/9335_UA]
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Vera Bradley Inc. Research Report
On September 11, 2013, Vera Bradley Inc. (Vera Bradley) reported its financial results for Q2 FY 2014 (period ended August 3, 2013). The Company's net revenues grew 1.9% YoY to $125.4 million during the quarter. Net income was $15.0 million or $0.37 per diluted share, in Q2 FY 2014, compared to net income of $13.4 million or $0.33 per diluted share, in Q2 FY 2013. Michael C. Ray, Vera Bradley's CEO, said, "We managed through considerable headwinds in the second quarter, yet delivered results in line with our expectations. Nonetheless, our product offering underperformed in the midst of an uncertain consumer environment, which affected traffic in our retail stores. While we are encouraged by our strategic progress and remain optimistic about our long-term prospects, we continue to have a cautious outlook for the remainder of the year." The Full Research Report on Vera Bradley 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/f689_VRA]
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