|By PR Newswire||
|September 2, 2014 10:27 AM EDT||
NEW YORK, September 2, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Signet Jewelers Limited (NYSE: SIG), Abercrombie & Fitch Co. (NYSE: ANF), Las Vegas Sands Corp. (NYSE: LVS), Best Buy Co., Inc. (NYSE: BBY) and Lowe's Companies Inc. (NYSE: LOW). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/6145-100free.
Signet Jewelers Limited Research Reports
On August 28, 2014, Signet Jewelers Limited (Signet) announced its Q2 FY 2015 financial results (period ended August 2, 2014), which included 65 days of performance of the Zale division commencing May 30, 2014. The net sales for the quarter surged to $1.2 billion, up 39.3% YoY led by the addition of Zale division, which added $247.5 million of sales. Signet's same store sales increased 4.8%, and organic same store sales increased 6.3%. The net income for the quarter came in at $58.0 million, down 13.9% YoY and diluted EPS was $0.72, down 14.3% YoY. As of August 2, 2014, the Company operated a total of 3,589 stores, which comprised of 1,487 Sterling Jewelers division stores, 1,609 Zale division stores and 493 UK division stores. For Q3 FY 2015, the Company expects same store sales to range from 2.0% to 4.0% and expects EPS for FY 2015 to vary from $4.47 to $4.71. The full research reports on Signet are available to download free of charge at:
Abercrombie & Fitch Co. Research Reports
On August 28, 2014, Abercrombie & Fitch Co. reported its Q2 FY 2014 financial results (period ended August 2, 2014). The net sales for the quarter came in at $890.6 million, down 5.8% YoY. Comparable sales by brand, including direct-to-consumer, decreased 1% for Abercrombie & Fitch, decreased 6% for abercrombie kids and decreased 10% for Hollister Co. The net income for Q2 FY 2014 was $12.9 million, up 13.3% YoY, and diluted EPS was $0.17, up 21.4% YoY. The Company expects diluted EPS for FY 2014 to be in the range of $2.15 to $2.35 and looks forward to open a total of 14 full-price international stores during the year, comprising of 8 Hollister stores and 5 Abercrombie & Fitch stores. The full research reports on Abercrombie & Fitch are available to download free of charge at:
Las Vegas Sands Corp. Research Reports
On August 26, 2014, Las Vegas Sands Corp. announced that it has obtained the required government permit to resume construction on the $2.7 billion Parisian Macao. According to the Company, as the work on Parisian Macao progresses additional permits will be required but the present approval facilitates work on the critical podium structure to restart immediately. The full research reports on Las Vegas Sands are available to download free of charge at:
Best Buy Co., Inc. Research Reports
On August 26, 2014, Best Buy Co., Inc. (Best Buy) announced its Q2 FY 2015 financial results (period ended August 2, 2014). The revenue for the quarter was $9.3 billion, up 4.2% YoY. Best Buy's domestic revenue was $7.6 billion, down 2.4% YoY, led by a comparable sales decline of 2.0% and a revenue decline of $20 million due less favorable economics of the new credit card agreement. On the other hand, the domestic online revenue came in at $581 million and comparable online sales increased 22.0%, driven by substantially improved inventory, higher average order value and increased traffic. The net earnings attributable to the Company's shareholders were $266 million, up 82.2% YoY, and diluted EPS of $0.77, up 83.3% YoY. The full research reports on Best Buy are available to download free of charge at:
Lowe's Companies Inc. Research Reports
On August 28, 2014, Lowe's Companies Inc. (Lowe's) reported that it has donated $500,000 grant to The Thurgood Marshall College Fund (TMCF) to support students attending publicly-supported Historically Black Colleges and Universities (HBCUs). According to the Company, the grant will aid graduating seniors in need of financial support to finish their final course requirements at TMCF's 47 member-schools. Lowe's in partnership with TMCF has provided scholarships for over 140 students in the past four years, and with the aforementioned grant the Company's total contribution to TMCF has reached nearly $ 1million. Joan Higginbotham, Lowe's Director of Community Relations said, "In partnership with the Thurgood Marshall College Fund, we're honored to provide the critical assistance students need to reach the finish line and graduate." The full research reports on Lowe's are available to download free of charge at:
About Analysts Review
We do things differently. Our goal is to provide the best content to our exclusive membership. We are constantly hiring researchers, writers, editors and analysts to add to our team and become better than yesterday. If being a part of a fast growing community with an edge in today's market sounds interesting to you, then sign-up today and experience the full benefits of membership.
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.analystsreview.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.analystsreview.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Analysts Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Analysts Review