Services Sector Announces New Product Launches, Positive Results, Dividends, and Secondary Share Offer Pricing - Research Report on Target, Costco, Sysco, Texas Roadhouse, and Del Frisco's
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, August 1, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Target Corp. (NYSE: TGT), Costco Wholesale Corporation (NASDAQ: COST), Sysco Corp. (NYSE: SYY), Texas Roadhouse Inc. (NASDAQ: TXRH), and Del Frisco's Restaurant Group, Inc. (NASDAQ: DFRG). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Target Corp. Research Report
On July 29, 2013, Target Corp. (Target) announced the exclusive in-store new beauty products for fall 2013. Target stated that the new beauty essentials products are priced between $0.84 and $14.99. According to the Company, renowned brands such as Dubble Trubble, Goody, Nourish Organic and up & up are offering products ranging from beauty, accessories and personal care products for this offer. The Full Research Report on Target Corp. - 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/3f4d_TGT]
Costco Wholesale Corporation Research Report
On July 22, 2013, Costco Wholesale Corporation (Costco) announced that its Board of Directors declared a quarterly cash dividend of $0.31 per share on Costco common stock. As stated by the Company, the quarterly dividend will be payable on August 23, 2013, to shareholders of record at the close of business on August 9, 2013. The Full Research Report on Costco Wholesale 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/faed_COST]
Sysco Corp. Research Report
On July 29, 2013, Sysco Corp. (Sysco) released the schedule of its Q4 FY 2013 and FY 2013 (period ended June 30, 2013) earnings conference call. The webcast will be held on August 12, 2013 at 10:00 a.m. ET. Sysco informed that the webcast can be accessed online through the Company's website and a replay of the call will be available shortly after the conclusion of the conference call. The Company also informed that an archived version of the news release and a slide presentation will be posted at the Investors section of Sysco's website. The Full Research Report on Sysco Corp. - 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/5efa_SYY]
Texas Roadhouse Inc. Research Report
On July 29, 2013, Texas Roadhouse Inc. (Texas Roadhouse) reported its financial results for Q2 FY 2013 (period ended June 25, 2013). Revenue increased 9.9% YoY to $352.1 million. Net income was c.$20 million or $0.28 per diluted share, compared to net income of $20.3 million or $0.28 per diluted share in Q2 FY 2012. According to Texas Roadhouse, it opened seven new company-owned restaurants and one franchise restaurant during Q2 2013. Commenting on the results, Kent Taylor, CEO of Texas Roadhouse, stated, "We are pleased with our top-line momentum, which resulted in another quarter of solid revenue growth led by positive comparable restaurant sales. Our new restaurants continue to generate solid returns, and we are still generating sufficient cash flows to not only fund our restaurant growth, but also enhance our existing assets and return capital to shareholders. We are confident that our relentless focus on legendary food and service is the best way to continue driving market share gains in this economic environment." The Company further reported that it expects to open around 28 new company-owned restaurants and register a positive comparable restaurants sales growth for full-year 2013. The Full Research Report on Texas Roadhouse 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/2078_TXRH]
Del Frisco's Restaurant Group, Inc. Research Report
On July 25, 2013, Del Frisco's Restaurant Group, Inc. (Del Frisco's) announced the pricing of a registered secondary public offering. According to the Company, the size of the offering has been increased to 6 million shares of common stock at a price of $21.25 per share. Del Frisco informed that the underwriters have a 30-day option to purchase up to an additional 9 million shares. The Company also informed that all the shares as reported for this offering are being sold by an affiliate of Lone Star Funds, which is Del Frisco's largest shareholder. Del Frisco stated that it will not receive any proceeds from the sale of these shares and the settlement associated with the offering is expected to be completed on July 31, 2013. The Full Research Report on Del Frisco's Restaurant Group, 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/90a0_DFRG]
EDITOR NOTES:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
- For any urgent concerns or inquiries, please contact us at [email protected].
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
SOURCE Analysts' Corner
Share this article