Textile Industry Announced Earnings Results and Offering on Senior Notes - Research Report on Ralph Lauren, PVH, Carter's, Hanesbrands, and Deckers
NEW YORK, August 13, 2013 /PRNewswire/ --
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Today, Investors' Reports announced new research reports highlighting Ralph Lauren Corporation (NYSE: RL), PVH Corp. (NYSE: PVH), Carter's, Inc. (NYSE: CRI), Hanesbrands Inc. (NYSE: HBI), and Deckers Outdoor Corp. (NASDAQ: DECK). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Ralph Lauren Corporation Research Report
On August 7, 2013, Ralph Lauren Corporation (Ralph Lauren) reported its Q1 FY 2014 (period ended June 29, 2013) financial results. Net revenue increased 3.8% YoY to $1.7 billion, while operating margin stood at 16.7% that was down 160 basis points on a year-on-year basis. Net income was $181 million or $1.94 per diluted share, compared to net income of $193 million or $2.03 per diluted share in Q1 FY 2013. Chairman and CEO, Ralph Lauren, stated, " We opened a spectacular men's luxury flagship store in Hong Kong, our first Polo store in East Hampton and several additional, high profile projects around the world are developing nicely." For full year FY 2014, the Company has affirmed its guidance of 4% to 7% YoY growth in net revenue and expects operating margin to be down by 25 to 75 basis points on a year-on-year basis. The Full Research Report on Ralph Lauren Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-07/RL]
PVH Corp. Research Report
On August 6, 2013, G.H. Bass & Co, a division of PVH Corp. (PVH), announced the launch of its Fall 2013 brand campaign and new ecommerce site to celebrate the heritage of G.H. Bass & Co., as well as pay homage to its iconic Weejuns, the original penny loafer, that was first introduced in 1936. According to PVH, the campaign will commence in the coming fall season and will use an integrated media approach to reach style-savvy consumers through digital and social media channels, at retail stores, and at ghbass.com. The Full Research Report on PVH Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-07/PVH]
Carter's, Inc. Research Report
On August 5, 2013, Carter's, Inc. (Carter's) announced that its wholly-owned subsidiary, The William Carter Company (William Carter) plans to offer $400 million aggregate principal amount of Senior Notes due 2021 (the Notes), subject to market and other conditions. According to the Company, the interest rate and other terms of the Notes will be decided in accordance with the negotiations among William Carter and the initial purchasers of the Notes. Carter also stated that launch of this offering reflects Carter's attempts to improve its capital structure. The Company plans to utilize the proceeds of the Notes offering to return capital to shareholders through share repurchases and/or dividends, and for general corporate purposes. According to Carter's, the said Notes have not been registered for sale under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state laws. The Full Research Report on Carter's, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-07/CRI]
Hanesbrands Inc. Research Report
On July 30, 2013, Hanesbrands Inc. (Hanesbrands) reported its Q2 2013 financial results with revenue marginally up by 1.65% YoY to $1.2 billion. Net income was $121.6 million or $1.19 per diluted share, compared to net income of $1.2 million or $0.01 per diluted share in Q2 2012. Hanes Chairman and CEO Richard A. Noll, said, "We achieved record profit margins and EPS in the second quarter with each business segment achieving improved profitability. Our Innovate-to-Elevate platforms continue to excel and are quickly delivering results for us and our retail partners. We are on solid footing to continue to deliver value for consumers, retailers and investors. We have moved into the low end of our target range for sustained operating profitability sooner than anticipated, and our cash flow and solid balance sheet have allowed us to begin paying quarterly dividends and agree to acquire Maidenform Brands." For full year 2013, Hanesbrands expects net sales to be nearly $4.6 billion and EPS to be within $3.50 to $3.65. The Full Research Report on Hanesbrands Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-07/HBI]
Deckers Outdoor Corp. Research Report
On July 25, 2013, Deckers Outdoor Corp. (Deckers) reported its Q2 2013 financial results. Revenue decreased 2.5% YoY to $170.1 million. Net loss was $29.3 million or $0.85 per diluted share, compared to net loss of $20.1 million or $0.53 per diluted share in Q2 2012. President, CEO and Chair of the Board of Directors, Angel Martinez, said, "We experienced solid sell-through of the UGG brand's spring line in our wholesale and eCommerce channels and we believe the consumer response to the initial deliveries of our new transitional fall product has been very positive. While less than favorable weather negatively impacted sandal sales for the Teva and Sanuk brands, we reacted quickly to deliver bottom line results that were better than plan." For Q3 2013 and full year 2013, Deckers expects revenue to grow by nearly 2.5% YoY and 8% YoY, respectively, and diluted EPS to decrease by approximately 41% YoY and increase 8% YoY, respectively. The Full Research Report on Deckers Outdoor Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-07/DECK]
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