Social Initiatives, Financial Results, Launches, and Earnings Schedules - Analyst Notes on Macy's, Zulily, Lamar, GameStop and J. C. Penney
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NEW YORK, May 12, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Macy's, Inc. (NYSE: M), Zulily, Inc. (NASDAQ: ZU), Lamar Advertising Co. (NASDAQ: LAMR), GameStop Corp. (NYSE: GME) and J. C. Penney Company, Inc. (NYSE: JCP). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2319-100free.
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Macy's, Inc. Analyst Notes
On May 7, 2014, Macy's, Inc. (Macy's) announced its invitation to all charities, to encourage them to participate in its ninth annual national 'Shop for A Cause', which is a unique one-day-only shopping event created to support local charities' fundraising efforts, scheduled to take place on August 23, 2014. Since its commencement in 2006, the program has raised more than $44 million for thousands of charities across the country. According to the Company, more than 6,000 charities signed up to participate in this program last year. Martine Reardon, Macy's Chief Marketing Officer, commented, "For the last eight years, Macy's Shop For A Cause program has provided our customers and associates a unique opportunity to show their support and give back to their local community organizations while enjoying great savings at Macy's." The full analyst notes on Macy's are available to download free of charge at:
http://www.analystsreview.com/2319-M-12May2014.pdf
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Zulily, Inc. Analyst Notes
On May 6, 2014, Zulily, Inc. (Zulily) announced its financial results for Q1 FY 2014 (period ended March 30, 2014), showing its net loss during the quarter almost doubled, as sharp increase in operating expenses outweighed the robust growth in sales. Zulily's non-GAAP net loss during the quarter increased to $3.0 million, or $0.02 per diluted share, from $1.6 million, or $0.01 per diluted share, in Q1 FY 2013. On average, analysts polled by Reuters expected the Company to report earnings per share of $0.01 in the quarter. Zulily's sales during the quarter increased 87.3% YoY to $237.9 million, helped by 93% YoY increase in active customers. For Q2 FY 2014, Zulily expects its net (loss)/income to be between $(2.0) million and $3.0 million. On May 7, 2014, the shares of the Company plummeted 29.66% to end the day at $32.28. The full analyst notes on Zulily are available to download free of charge at:
http://www.analystsreview.com/2319-ZU-12May2014.pdf
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Lamar Advertising Co. Analyst Notes
On May 7, 2014, Lamar Advertising Co. (Lamar) announced its financial results for Q1 2014. The Company posted 3.0% YoY increase in net revenues during the quarter to $284.9 million. Net loss for Q1 2014 came in at $4.9 billion, or $0.05 per diluted share, versus net loss of $10.4 million, or $0.11 per diluted share in Q1 2013. The Company's adjusted Funds from Operations in Q1 2014 stood at $58.8 million compared to $50.2 million for the same period in 2013, representing a 17.2% increase. For Q2 2014, the Company expects adjusted net revenue (recognized on a monthly basis) to be approximately $331 million to $334 million. The full analyst notes on Lamar are available to download free of charge at:
http://www.analystsreview.com/2319-LAMR-12May2014.pdf
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GameStop Corp. Analyst Notes
On April 29, 2014, GameStop Corp. (GameStop) announced the launch of the first-ever in-store donation program benefiting Make-A-Wish®, with a goal to reach at least $100,000 in charitable donations. During the month of May, the Company will provide its customers an opportunity to donate to Make-A-Wish with each in-store purchase they make. The Company launched this in-store donation program to increase awareness and support for Make-A-Wish, and plans to donate all the funds directly to granting the wishes of children with life-threatening medical conditions. Rob Lloyd, CFO of GameStop and Make-A-Wish North Texas board member, commented, "The money we raise during the month of May will all go towards wish experiences, which have the potential to medically and psychologically change the lives of wish children forever." The full analyst notes on GameStop are available to download free of charge at:
http://www.analystsreview.com/2319-GME-12May2014.pdf
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J. C. Penney Company, Inc. Analyst Notes
On April 29, 2014, J. C. Penney Company, Inc. (J. C. Penney) announced that it will release its Q1 2014 financial results on Thursday, May 15, 2014 at 4:00 p.m. ET. The Company informed that the earnings release will be followed by a live conference call and webcast conducted by CEO Mike Ullman and CFO Ed Record beginning at 4:30 p.m. ET. According to Zacks Investment Research, the consensus loss estimate for Q1 2014 is $1.25 per share. The full analyst notes on J. C. Penney are available to download free of charge at:
http://www.analystsreview.com/2319-JCP-12May2014.pdf
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