Services Sector Announced September 2013 Sales and Upcoming Financial Release Schedules - Research Report on Gap, Limited Brands, TJX, Family Dollar, and Sotheby's
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NEW YORK, October 16, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Gap Inc. (NYSE: GPS), Limited Brands, Inc. (NYSE: LTD), The TJX Companies, Inc. (NYSE: TJX), Family Dollar Stores Inc. (NYSE: FDO), and Sotheby's (NYSE: BID). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Gap Inc. Research Report
On October 10, 2013, Gap Inc. (Gap) announced its September 2013 sales. According to the Company, net sales for the five-week period that ended on October 5, 2013 were $1.5 billion, up approximately 0.7% YoY. The Company reported that its comparable sales for September 2013 stood down at 3% compared to a 6% increase in September 2012. Chairman and CEO Glenn Murphy commented, "While September proved to be somewhat challenging, we remain steadfast in our commitment to deliver on our full-year goals." The Company further informed that it will report its October 2013 sales report on November 7, 2013. The Full Research Report on Gap 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/3877_GPS]
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Limited Brands, Inc. Research Report
On October 10, 2013, Limited Brands, Inc. (Limited Brands) reported its September 2013 sales. The Company reported net sales of $786.0 million for the five-week period ended October 5, 2013, compared to net sales of $773.6 million for the five-week period ended September 29, 2012. Limited Brands further reported a comparable store sales increase of 1% for the five weeks that ended on October 5, 2013 compared to the five-week period ended on October 6, 2012. The Full Research Report on Limited Brands, 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/3343_LTD]
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The TJX Companies, Inc. Research Report
On October 8, 2013, The TJX Companies, Inc. (TJX) announced that it plans to webcast the management presentations at its Investor Event on October 22, 2013, to be held from 1:30 p.m. ET to 3:15 p.m. ET. The Company mentioned that due to space constraints, attendance to the live event is by invitation only. According to TJX, Carol Meyrowitz, TJX CEO, Ernie Herrman, TJX President, and Scott Goldenberg, TJX Chief Financial Officer, will give presentations that will cover the Company's business operations, updates and future growth opportunities. The Full Research Report on The TJX Companies, 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/bed1_TJX]
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Family Dollar Stores Inc. Research Report
On October 9, 2013, Family Dollar Stores Inc. (Family Dollar) reported its financial results for Q4 FY 2013 and full-year FY 2013 (period ended August 31, 2013). Net sales for Q4 FY 2013 increased 5.8% YoY to $2.5 billion. The Company's net income for Q4 FY 2013 was $102.2 million or $0.88 per diluted share, compared to net income of $80.9 million or $0.69 per diluted share in Q4 FY 2012. Family Dollar's net sales for FY 2013 went up 11.4% YoY to $10.4 billion. The Company's comparable store sales went up 3% for FY 2013. Commenting on the release, Chairman and CEO Howard R. Levine said, "This morning we reported record sales and earnings results for the fourth quarter and fiscal 2013. While the environment was more challenging than expected, I am pleased with our progress. We have increased our market share, we have stabilized margins and we are increasing profitability. Our strategy is working, and we remain on course with our long-term goal to drive continued profitable growth and increase shareholder returns." The Full Research Report on Family Dollar Stores 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/eddb_FDO]
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Sotheby's Research Report
On October 10, 2013, Sotheby's announced that on November 13, 2013, Sotheby's New York will present "Untitled V" by Willem de Kooning as a major highlight of the Contemporary Art Evening Sale. The Company informed that the said work dates from the critical year of 1975 and is the prime example from the watershed period when de Kooning returned to painting after a period in which he focused on sculpture. The Company stated that the work is estimated to fetch $25 million or $35 million. The Full Research Report on Sotheby's - 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/a614_BID]
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