|By PR Newswire||
|December 16, 2013 08:01 AM EST||
NEW YORK, December 16, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting Wal-Mart Stores, Inc (NYSE: WMT), Vipshop Holdings Limited (NYSE: VIPS), Burlington Stores, Inc. (NYSE: BURL), The Buckle, Inc. (NYSE: BKE), and PriceSmart, Inc. (NASDAQ: PSMT). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Wal-Mart Stores, Inc. Research Report
On December 10, 2013, Wal-Mart Stores, Inc. (Walmart) announced the promotion of David Cheesewright to the position of President and CEO of Walmart International, effective February 1, 2014. The Company informed that Mr. Cheesewright is currently President and CEO of the Company's Europe, Middle East, and Africa (EMEA) and Canada region. Under the new position, Cheesewright will report directly to Doug McMillon, who was named to succeed Mike Duke as Walmart's President and CEO, also effective February 1, 2014. "David will lead the division at an exciting time," said McMillon. "We have strengthened our business and gained market share in the majority of our international markets, and he had a key role in that success. He brings a wealth of experience and a proven track record of innovation and governance. With his deep knowledge of the company, our customers, and our purpose, he is the ideal person to steer our next chapter of continued, long-term growth. David's passion for sustainability will drive change that will help improve our world." The Full Research Report on Wal-Mart Stores, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Vipshop Holdings Limited Research Report
On December 5, 2013, Vipshop Holdings Limited (Vipshop Holdings) announced that it will hold its 2013 annual general meeting of shareholders on December 30, 2013 at 10:00 a.m. local time, in People's Republic of China. According to the Company, no proposal will be submitted for shareholder approval at the annual general meeting and instead, the meeting will serve as an open forum for shareholders and beneficial owners of Vipshop Holdings' American Depositary Shares to discuss Company affairs with its management. The Full Research Report on Vipshop Holdings Limited - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Burlington Stores, Inc. Research Report
On December 10, 2013 Burlington Stores, Inc. (Burlington Stores) reported its Q3 FY 2013 financial results (period ended November 2, 2013). In Q3 FY 2013, the Company's net sales increased 10.0% YoY to $1.1 billion, due primarily to an increase in sales related to new stores and stores previously opened that are not included in the comparable store sales, and to a 3.9% increase in comparable store sales. Q3 FY 2013 net loss came in at $16.9 million, compared to a net loss of $7.4 million in Q3 FY 2012. "We are pleased to be reporting strong results in our first quarter as a public company, following the successful completion of our initial public offering in October. We are continuing to improve our execution, as we delivered a 28.3% increase in Adjusted EBITDA, a 10.0% overall sales growth and a 3.9% comparable store sales increase," said Tom Kingsbury, President and CEO of Burlington Stores. The Full Research Report on Burlington Stores, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
The Buckle, Inc. Research Report
On December 10, 2013, The Buckle, Inc. (Buckle) announced that its Board of Directors has authorized a $1.20 per share special cash dividend. Buckle informed that the dividend will be payable on January 27, 2014, to shareholders of record at the close of business on January 15, 2014. In addition, the Board also authorized a $0.22 per share quarterly dividend, also payable on January 27, 2014, to shareholders of record at the close of business on January 15, 2014. The Full Research Report on The Buckle, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
PriceSmart, Inc. Research Report
On December 6, 2013, PriceSmart, Inc. (PriceSmart) reported sales for November 2013. During the month, the Company's net sales increased 13.8% YoY to $209 million. At the end of November 2013, there were 32 warehouse clubs in operation, compared to 30 warehouse clubs in operation in November 2012. In addition, PriceSmart also announced its intention to release its Q1 FY 2014 financial results on January 9, 2014, after the market closes. The Company will host a conference call on the following day, January 10, 2014 at 12:00 p.m. ET / 9:00 a.m. PT, to discuss the results. The Full Research Report on PriceSmart, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
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