Research Methodology Usage, Financial Results, and New Board Member Election - Analyst Notes on Whole Foods Market, Dollar Tree, GameStop, Henry Schein and Big Lots
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, June 10, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Whole Foods Market, Inc. (NASDAQ: WFM), Dollar Tree, Inc. (NASDAQ: DLTR), GameStop Corp. (NYSE: GME), Henry Schein, Inc. (NASDAQ: HSIC) and Big Lots, Inc. (NYSE: BIG). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3542-100free.
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Whole Foods Market, Inc. Analyst Notes
On June 2, 2014, Whole Foods Market, Inc. (Whole Foods) reported that its partners The Safina Center (TSC) and Monterey Bay Aquarium (MBA) Seafood Watch® program, will now use MBA's science-based criteria and methodology for rating the sustainability of wild-caught seafood and offering consumers consistent recommendations from trustworthy nonprofit conservation organizations. According to Whole Foods, sharing research responsibilities and utilizing the same criteria and methodology will help MBA and TSC in evaluating a larger number of species and fisheries, and thereby helping Whole Foods to offer more seafood choices. "Whole Foods Market has excelled as a leader in seafood sustainability because partners like MBA and TSC provide us with the latest science on the most abundant species and the best managed fisheries," said David Pilat, global seafood buyer for Whole Foods Market. "They share our commitment to the highest standards and continual improvement, so this collaboration will streamline all our efforts to keep driving change in the industry." The full analyst notes on Whole Foods Market are available to download free of charge at:
http://www.analystsreview.com/Jun-10-2014/WFM/report.pdf
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Dollar Tree, Inc. Analyst Notes
On May 22, 2014, Dollar Tree, Inc. (Dollar Tree) reported its Q1 FY 2014 financial results (period ended May 3, 2014). Q1 FY 2014 net sales increased 7.2% to $2.0 billion. Net income registered $138.3 million, or $0.67 per diluted share, compared with $133.5 million, or $0.59 per diluted share in Q1 FY 2013. Meanwhile, consolidated comparable store sales increased 2.0% on a constant currency basis. Bob Sasser, CEO, Dollar Tree, said, "Our first quarter sales grew as the result of increases in both traffic and average ticket with our discretionary business growing slightly faster than consumables. Our stores are currently filled with a balanced mix of consumable products and exciting variety merchandise for Summer Fun. Inventory is clean and fresh and our associates are focused on providing a great shopping experience for every customer, at every store, every day." The full analyst notes on Dollar Tree are available to download free of charge at:
http://www.analystsreview.com/Jun-10-2014/DLTR/report.pdf
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GameStop Corp. Analyst Notes
On May 22, 2014, GameStop Corp. (GameStop) reported its Q1 FY 2014 financial results (period ended May 3, 2014). Q1 FY 2014 net sales increased 7.0% YoY to $2.0 billion. Net income registered $68.0 million, or $0.59 per diluted share, compared with $54.6 million, or $0.46 per diluted share in Q1 FY 2013. Consolidated comparable store sales increased 5.8%. The Company stated that the strong worldwide consumer demand for Microsoft's Xbox One and Sony PlayStation 4 instigated new hardware category grow 81.1% YoY. Also during the quarter, pre-owned/ value software rose 5.3% YoY as ongoing trade-ins toward new consoles improved inventory levels and subsequent sales growth. The mobile & consumer electronics category also experienced a 100% YoY increase in sales driven by the contribution of Spring Mobile and Simply Mac. The full analyst notes on GameStop are available to download free of charge at:
http://www.analystsreview.com/Jun-10-2014/GME/report.pdf
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Henry Schein, Inc. Analyst Notes
On June 3, 2014, Henry Schein, Inc. (Henry Schein) announced the election of Professor Dianne Rekow D.D.S., Ph.D. to the Company's Board of Directors. According to the Company, Dr. Rekow, Dean of King's College London Dental Institute and Professor of Orthodontics, brings to the Henry Schein Board extensive experience in innovative dental products, practices, and education, as well as keen insights into global trends influencing the evolution of the dental profession. Commenting on the appointment, Stanley M. Bergman, Chairman of the Board and CEO of Henry Schein, said, "We look forward to benefitting from her unique perspective and strategic insights, as Henry Schein continues to focus on providing digital dental solutions to our customers around the world." The full analyst notes on Henry Schein are available to download free of charge at:
http://www.analystsreview.com/Jun-10-2014/HSIC/report.pdf
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Big Lots, Inc. Analyst Notes
On May 30, 2014, Big Lots, Inc. (Big Lots) reported its Q1 FY 2014 (period ended May 3, 2014). Q1 FY 2014 net sales slightly increased 1.1% YoY to $1.3 billion. Net income from continuing operations registered $28.6 million, compared with $37.0 million in Q1 FY 2013. The loss from discontinued Canadian operations, which hit $25.3 million, compared with $4.7 million in Q1 FY 2013, affected the net income. Net income results were down to $3.3 million, or $0.06 per diluted share, compared with $32.3 million, or $0.56 per diluted share in Q1 FY 2013. Big Lots also provided initial Q2 FY 2014 guidance, estimating income from continuing operations to be in the range between $0.24 and $0.30 per diluted share. The full analyst notes on Big Lots are available to download free of charge at:
http://www.analystsreview.com/Jun-10-2014/BIG/report.pdf
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