Services Sector Announced Earnings Results, Leadership Role Exchange, Notification to the Public, and Technical Updates - Analyst Notes on TJX, Nordstrom, Gap, Signet and Zale
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NEW YORK, May 23, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding The TJX Companies, Inc. (NYSE: TJX), Nordstrom Inc. (NYSE: JWN), Gap Inc. (NYSE: GPS), Signet Jewelers Limited (NYSE: SIG) and Zale Corporation (NYSE: ZLC). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2851-100free.
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The TJX Companies, Inc. Analyst Notes
On May 20, 2014, The TJX Companies, Inc. (TJX) reported its financial results for Q1 FY 2015 (period ended May 3, 2014). Net sales increased 4.9% YoY to $6.5 billion during the quarter. Net income was $454.3 million or $0.64 per diluted share in Q1 FY 2015, compared to net income of $452.9 million or $0.62 per diluted share in Q1 FY 2014. For FY 2015, TJX expects diluted EPS to range between $3.05 and $3.17. The full analyst notes on TJX are available to download free of charge at:
http://www.analystsreview.com/2851-TJX-23May2014.pdf
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Nordstrom Inc. Analyst Notes
On May 20, 2014, Nordstrom Inc. (Nordstrom) announced that Erik Nordstrom and Jamie Nordstrom, two executive team members, are exchanging roles in order to further strengthen the Company's core commitment to improve the customer experience. According to Nordstrom, former President of Stores, Erik Nordstrom will now serve as President of Nordstrom Direct, while Jamie Nordstrom, former President of Nordstrom Direct, will now be President of Stores. The Company stated that Erik Nordstrom will continue to sit on the Nordstrom Board of Directors. "Customers view us as one Nordstrom - our challenge is to act like one Nordstrom," said Erik Nordstrom "As we work to further leverage our capabilities across Nordstrom stores and Nordstrom.com in what today is a growing $10 billion regular price business, we believe this move will help us meet that goal." The full analyst notes on Nordstrom are available to download free of charge at:
http://www.analystsreview.com/2851-JWN-23May2014.pdf
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Gap Inc. Analyst Notes
On May 20, 2014, Gap Inc. (Gap) announced that it has recently discovered a fraudulent website, http://www.gapdoesmore.com, and its accompanying social media property, gapdoesmore. According to Gap, these sites are not authorized by Gap Inc. or any of its brands. The Company stated that it is investigating the source of these fake digital properties. The full analyst notes on Gap are available to download free of charge at:
http://www.analystsreview.com/2851-GPS-23May2014.pdf
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Signet Jewelers Limited Analyst Notes
On May 20, 2014, Signet Jewelers Limited's (Signet) stock declined 0.97%, ending the day at $97.56. Over the previous three trading sessions, shares of Signet declined 1.25% compared to the Dow Jones industrial average, which declined 0.44% during the same period. On May 19, 2014, the Company announced the closing of the offering of $400 million senior unsecured notes due 2024 by Signet UK Finance plc, a wholly owned indirect subsidiary of Signet. The full analyst notes on Signet are available to download free of charge at:
http://www.analystsreview.com/2851-SIG-23May2014.pdf
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Zale Corporation Analyst Notes
On May 20, 2014, Zale Corporation reported its financial results for Q3 FY 2014 (period ended April 30, 2014). Revenue decreased 2.6% YoY to $431.0 million during the quarter. Net income was $8.8 million or $0.19 per diluted share in Q3 FY 2014, compared to net income of $5.1 million or $0.13 per diluted share in Q3 FY 2013. The full analyst notes on Zale are available to download free of charge at:
http://www.analystsreview.com/2851-ZLC-23May2014.pdf
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