|By PR Newswire||
|August 21, 2013 08:01 AM EDT||
NEW YORK, August 21, 2013 /PRNewswire/ --
Today, Investors' Reports announced new research reports highlighting Kohl's Corp. (NYSE: KSS), Nordstrom Inc. (NYSE: JWN), Gap Inc. (NYSE: GPS), Ann Inc. (NYSE: ANN), and rue21, Inc. (NASDAQ: RUE). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Kohl's Corp. Research Report
On August 15, 2013, Kohl's Corp. (Kohl's) reported its financial results for Q2 FY 2013 (period ended August 3, 2013). Revenue increased 2% YoY to $4.3 billion during the quarter. Net income was $231 million, or $1.04 per diluted share, in Q2 FY 2013, compared to net income of $240 million, or $1.00 per diluted share, in Q2 FY 2012. Commenting on the news, Chairman, President and CEO, Kevin Mansell, said, "We are pleased with our progress in the second quarter. Sales improved significantly over the first quarter and our gross margin improved over last year. Expenses were well-managed and we ended the quarter with inventory per store up mid-single digits while funding our E-Commerce growth. I would like to thank each of our associates for their contribution to our results." The Full Research Report on Kohl's Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-15/KSS]
Nordstrom Inc. Research Report
On August 15, 2013, Nordstrom Inc. (Nordstrom) reported its financial results for Q2 FY 2013 (period ended August 3, 2013). Total net sales increased 6.4% YoY to $3.1 billion during the quarter. Net income was $184 million, or $0.93 per diluted share, in Q2 FY 2013, compared to net income of $156 million, or $0.75 per diluted share, in Q2 FY 2012. Nordstrom announced its plans to open 14 new Rack stores and relocate one full-line and two Rack stores in 2013. For full year FY 2013, Nordstrom revised its outlook and now expects 3% to 4% increase in total sales and 2% to 3% growth in same store sales. The Full Research Report on Nordstrom Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-15/JWN]
Gap Inc. Research Report
On August 8, 2013, Gap Inc. (Gap) reported Q2 FY 2013 (period ended August 3, 2013) and July 2013 sales results. The Company's net sales for Q2 FY 2013 increased 8.1% YoY to $3.9 billion. July 2013 net sales were $1.1 billion, an increase of 5.7% YoY. For Q2 FY 2013, Gap expects diluted EPS of $0.62 to $0.64, compared with Q2 FY 2012 diluted EPS of $0.49. The Full Research Report on Gap Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-15/GPS]
Ann Inc. Research Report
On August 5, 2013, Ann Inc. (Ann Taylor) announced that the Company has partnered with Vince Camuto, a lifestyle concept started by footwear icon Vince Camuto, to relaunch and expand its footwear collection, doubling its assortment in stores and online. Head of Design, Lisa Axelson, and her team designed the new collection to capture the chic, sophisticated aesthetic of the iconic brand. Founder and CEO of Vince Camuto, Vince Camuto, said, "We are proud to be the first-ever footwear design partner of such an influential and iconic women's brand. Ann Taylor is renowned for sophisticated style, and we look forward to the opportunity to blend their signature feminine aesthetic with beautifully crafted footwear." According to the Company, the collection is brought to life with dedicated in-store destinations within Ann Taylor stores throughout the US and Canada and on anntaylor.com. The Full Research Report on Ann Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-15/ANN]
rue21, Inc. Research Report
On August 2, 2013, rue21, Inc. (rue21) announced the opening of its first rueGuy stores in Bay Shore, NY, Harlingen, TX, and New Boston, OH. According to the Company, the approximately 6,000 square foot stores are the first of seven rueGuy stores slated to open across the US during August 2013. The Company targets to open approximately 20 rueGuy stores by the end of 2013. As stated, the rueGuy store format features an expanded guys department and more selling space than a traditional rue21 store, providing male customers with a broader selection of product and new category opportunities. rue21's President and CEO, Bob Fisch, stated, "We are extremely excited to announce the opening of our first rueGuy stores. We look forward to growing our already successful guys business with this new store format that will allow us to deliver an expanded assortment of merchandise and accessories to our male customers. While we originally went into the design process focused on building the guys business, we are confident that the new store layout, colors and fixtures will improve the shopping experience for all of our customers who are seeking the latest trends at competitive starting price points. We see this as just the beginning of building a new store format for the future." The Full Research Report on rue21, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-15/RUE]
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