Upcoming Events, Product Launch, and Financial Results - Research Reports on Michael Kors, Nike, Kraft Foods, Whirlpool and Johnson Controls
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NEW YORK, November 3, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Michael Kors Holdings Ltd. (NYSE: KORS), Nike Inc. (NYSE: NKE), Kraft Foods Group Inc. (NASDAQ: KRFT), Whirlpool Corporation (NYSE: WHR) and Johnson Controls Inc. (NYSE: JCI). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/7637-100free.
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Michael Kors Holdings Ltd. Research Reports
On October 14, 2014, Michael Kors Holdings Ltd. (Michael Kors) announced that the Company plans to release its Q2 FY 2015 financial results on November 4, 2014, before the opening of the market. In addition, the Company will hold a conference call on the same day at 8:00 a.m. ET to discuss the results. The live web cast of the conference call will be available in the investor relations section of the Company's official website. Analysts at Bloomberg Businessweek expect the Company to report Q2 FY 2015 EPS of $0.88 on revenue of $974 million. The full research reports on Michael Kors are available to download free of charge at:
http://www.analystsreview.com/Nov-03-2014/KORS/report.pdf
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Nike Inc. Research Reports
On October 22, 2014, Nike Inc. (Nike) announced the launch of its new Spring/Summer 2015 Women's collections in New York City with 27 of the world's top athletes, presenting a range of performance and lifestyle products as well as digital services in a move to accelerate growth within its women's business. The Company informed that its Spring/Summer 2015 Women's collections include new products across Nike's running, training and sportswear categories, ranging from high-performance tights to Nike Flyknit footwear to innovative new sports bras. In addition, the Company also revealed its collaboration with Brasilian designer Pedro Lourenço, a collection of training apparel and footwear that blends performance with a unique interpretation of style. Mark Parker, President and CEO of Nike, said, "Our relationship with our digital community of 65 million women, coupled with great product innovation, is driving our momentum and we expect to add another $2 billion in revenue to reach $7 billion by FY17." The full research reports on Nike are available to download free of charge at:
http://www.analystsreview.com/Nov-03-2014/NKE/report.pdf
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Kraft Foods Group Inc. Research Reports
On October 29, 2014, Kraft Foods Group Inc. (Kraft) released its Q3 FY 2014 and 9M FY 2014 financial results (period ended September 27, 2014). The Company reported Q3 FY 2014 net revenues of $4.4 billion, almost flat YoY. During the quarter, the Company's operating income declined 16.6% YoY to $726 million due to a $26 million negative impact from market-based impacts to post-employment benefit plans this year compared to a $175 million benefit in the prior year quarter. The Company's Q3 FY 2014 net earnings stood at $446 million or $0.74 per diluted share, compared to $500 million or $0.83 per diluted share in Q3 FY 2013. Kraft said that EPS of $0.74 included negative $0.03 from market-based impacts to post-employment benefit plans and a $0.01 unfavorable impact due to unrealized gains/losses from hedging activities. On average, 15 analysts polled by Thomson Reuters expected the Company to report Q3 FY 2014 EPS (excluding special items) of $0.74 on revenue of $4.47 billion. The Company 9M FY 2014 net revenues declined 0.8% YoY to $13.5 billion and net earnings declined 19.2% YoY to $1.4 billion. The full research reports on Kraft Foods are available to download free of charge at:
http://www.analystsreview.com/Nov-03-2014/KRFT/report.pdf
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Whirlpool Corporation Research Reports
On October 28, 2014, Whirlpool Corporation (Whirlpool) reported 3.0% YoY improvement in its Q3 2014 net sales to $4.82 billion, while operating profit improved 7.0% YoY to $335 million. During the quarter, the Company's North American sales improved 6.3% YoY to $2.8 billion, Latin American sales increased 0.3% YoY to $1.1 billion, EMEA sales rose 1.0% YoY to $785 million, and Asian sales declined 20.4% YoY to $157 million. Q3 2014 net earnings available to Whirlpool came in at $230 million or $2.88 per diluted share, compared to $196 million or $2.42 per diluted share in Q3 2013. The Company's Q3 2014 diluted EPS from ongoing business stood at $3.04. On average, 7 analysts polled by Thomson Reuters expected Q3 2014 EPS (excluding special items) of $3.13 on revenues of $4.83 billion. The Company posted 1.4% YoY growth in 9M 2014 net sales to $13.9 billion, while net earnings available to Whirlpool declined 11.9% YoY to $569 million. For full-year 2014, the Company expects its GAAP diluted EPS to be in the range of $9.40 - $9.90, down from its previous guidance of $10.30 - $10.80. The full research reports on Whirlpool are available to download free of charge at:
http://www.analystsreview.com/Nov-03-2014/WHR/report.pdf
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Johnson Controls Inc. Research Reports
Johnson Controls Inc. (Johnson Controls) posted on the Event Calendar section of its official website that the Company will hold a Strategic Review and 2015 Outlook Financial analyst meeting on December 2, 2014 in New York City, New York. The full research reports on Johnson Controls are available to download free of charge at:
http://www.analystsreview.com/Nov-03-2014/JCI/report.pdf
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