Strengthened Earnings Results, Technical Updates, and Monthly Sales Reports - Analyst Notes on Restoration Hardware, Costco, Bed Bath & Beyond, Pier 1 and Williams-Sonoma
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NEW YORK, June 17, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Restoration Hardware Holdings, Inc. (NYSE: RH), Costco Wholesale Corporation (NASDAQ: COST), Bed Bath & Beyond Inc. (NASDAQ: BBBY), Pier 1 Imports, Inc. (NYSE: PIR) and Williams-Sonoma Inc. (NYSE: WSM). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3769-100free.
Restoration Hardware Holdings, Inc. Analyst Notes
On June 11, 2014, Restoration Hardware Holdings, Inc. (Restoration Hardware) reported its Q1 FY 2014 financial results (period ended May 3, 2014). The Company reported net revenue growth of 21.5% YoY to $366.3 million. Adjusted net income grew 216.9% YoY to $7.2 million, while adjusted diluted EPS grew 200% YoY to $0.18. GAAP net income totaled $1.8 million compared to a net loss of $0.2 million in Q1 FY 2013, while GAAP diluted EPS were $0.04 which remained flat as compared to Q1 FY 2013. Gary Friedman, Chairman and CEO, commented, "RH continued to outperform the home furnishings industry by a wide margin in the first quarter of 2014." He continued, "Looking forward, we remain focused on our key value-driving strategies including the expansion of our product offer and the transformation of our retail stores." For Q2 FY 2014, the Company anticipates net revenues to be in the range of $443 million to $453 million; and Adjusted net income in the range of $25.4 million to $26.2 million. The full analyst notes on Restoration Hardware are available to download free of charge at:
http://www.analystsreview.com/Jun-17-2014/RH/report.pdf
Costco Wholesale Corporation Analyst Notes
On June 5, 2014, Costco Wholesale Corp. (Costco) reported its sales results for the month of May 2014 (four-week period ended June 1, 2014). The Company reported total net sales of $8.78 billion, up 8% YoY from May 2013. For the 39-week period ended June 1, 2014, net sales totaled $81.99 billion, up 6% YoY. According to the Company, the inflation in gasoline prices had a positive impact on its comparable sales for the four-week period, but had a negative impact for the 39-week period. The full analyst notes on Costco are available to download free of charge at:
http://www.analystsreview.com/Jun-17-2014/COST/report.pdf
Bed Bath & Beyond Inc. Analyst Notes
On June 12, 2014, Bed Bath & Beyond, Inc. (Bed Bath & Beyond) stock slightly went down by 0.40% to end the day at $60.47, compared to the previous day's closing price at $60.76. The Company's stock decreased 1.40% over the past five trading days, compared to the Nasdaq Composite which rose 0.03% during the same trading period. The full analyst notes on Bed Bath & Beyond are available to download free of charge at:
http://www.analystsreview.com/Jun-17-2014/BBBY/report.pdf
Pier 1 Imports, Inc. Analyst Notes
On June 12, 2014, Pier 1 Imports Inc. (Pier 1) stock ended the day at $17.42 compared to the previous day's closing price at $17.18, representing a 1.40% growth. The Company's stock rose 0.87% over the past five trading days compared to the Dow Jones Industrial Average which declined 0.61% and to S&P 500 which also declined 0.53% during the same trading period. The full analyst notes on Pier 1 are available to download free of charge at:
http://www.analystsreview.com/Jun-17-2014/PIR/report.pdf
Williams-Sonoma Inc. Analyst Notes
On June 12, 2014, Williams-Sonoma, Inc. (Williams-Sonoma) stock declined slightly by 0.37% to end the day at $67.76. The Company's stock increased 4.97% over the past month of trading compared to the Dow Jones Industrial Average which rose 0.23% and to S&P 500 which rose 1.76% during the same trading period. The full analyst notes on Williams-Sonoma are available to download free of charge at:
http://www.analystsreview.com/Jun-17-2014/WSM/report.pdf
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