Earnings Releases, New Store Openings, and Community Development Efforts - Research Report on Bed Bath & Beyond, Safeway, Lumber Liquidators, Harris Teeter, and Saks Editor Note: For more information about this release, please scroll to bottom
NEW YORK, July 1, 2013 /PRNewswire/ --
Today, Wall Street Reports announced new research reports highlighting Bed Bath & Beyond Inc. (NASDAQ: BBBY), Safeway Inc. (NYSE: SWY), Lumber Liquidators Holdings Inc. (NYSE: LL), Harris Teeter Supermarkets Inc. (NYSE: HTSI), and Saks Inc. (NYSE: SKS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Bed Bath & Beyond Inc. Research Report
On June 26, 2013, Bed Bath & Beyond Inc. (Bed Bath & Beyond) reported its financial results for Q1 FY 2013 (period ended June 1, 2013). Net sales increased approximately 17.8% YoY to $2.6 billion. Net earnings were $202.5 million or $0.93 per diluted share, compared to net earnings of $206.8 billion or $0.89 per diluted share in Q1 FY 2012. Comparable store sales for Q1 FY 2013 increased by approximately 3.4% compared with an increase of approximately 3% in Q1 FY 2012. For Q2 FY 2013, the Company expects net earnings per diluted share to be approximately $1.11 to $1.16, and approximately $4.84 to $5.01 for full-year FY 2013, which will include Cost Plus Inc. (World Market) and Linen Holdings for the entire period of FY 2013. The Full Research Report on Bed Bath & Beyond Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/0297_BBBY]
Safeway Inc. Research Report
On June 25, 2013, Safeway Inc. (Safeway) announced that it has been selected to receive the 2013 Secretary of Defense Employer Support Freedom Award, the highest honor in the US given to employers for exceptional support of National Guard and Reserve employees. According to the Company, it was one of the first employers that committed to cover the pay differential and extend full benefits to employees in the Reserve and National Guard called to active duty. The Company stated that it aggressively responded to the need for employment with returning veterans through its Junior Military Officer and Non-Commissioned Officer (JMO/NCO) Program. In 2012, Safeway hired approximately 1,500 veterans with over 1,300 of them hired into the Company's retail stores, and intends to hire at least another 1,500 veterans by the end of 2013. The Full Research Report on Safeway Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/5108_SWY]
Lumber Liquidators Holdings Inc. Research Report
On June 26, 2013, Lumber Liquidators Holdings Inc. (Lumber Liquidators) announced that the Company has opened its 300th store, located in Las Vegas, Nevada. The new store, which follows the Company's new "store of the future" format, is its third store in Nevada and second in Las Vegas. The Company has opened 12 new stores so far in 2013 and expects to open a total of 25 to 35 stores by the end of 2013, all in its "store of the future" format, which features an expanded showroom of approximately 1600 feet, including an expanded assortment of flooring options, moldings, and accessories. The Full Research Report on Lumber Liquidators Holdings Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/fc27_LL]
Harris Teeter Supermarkets Inc. Research Report
On June 24, 2013, Harris Teeter Supermarkets Inc. (Harris Teeter), in partnership with Washington Nationals, announced that it is hosting a food drive from the date of the announcement until July 8, 2013, to support its local food bank partners. In May 2013, the Company had announced a donation of $225,000 to its food bank partners. The Company stated that the food drive initiative is to help bring additional awareness for the problem of hunger. According to the Company, donations made at Harris Teeter locations will benefit Capital Area Food Bank and Loudoun Interfaith Relief, and beneficiaries will be displayed on posters placed on the collection bins in each store. Further, fans of Washington Nationals may bring non-perishable food items to Nationals Park on July 6, 2013 and July 7, 2013, when the team faces the San Diego Padres. Donations may be submitted with the volunteers outside the Center Field Gate from the time the gates open up to the fourth inning. The Full Research Report on Harris Teeter Supermarkets Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/4bd5_HTSI]
Saks Inc. Research Report
On June 24, 2013, Saks Fifth Avenue, a specialty retail business of Saks Inc. (Saks), and the Entertainment Industry Foundation (EIF), jointly announced that actress Jennifer Anniston has been named the EIF ambassador for Saks Fifth Avenue's 2013 Key to the Cure campaign. In addition, celebrated designer Peter Dundas of Emilio Pucci created a limited edition T-shirt exclusively to benefit Key to the Cure campaign that will sell for $35 at Saks Fifth Avenue stores, Saks Fifth Avenue OFF 5TH stores, and online at saks.com. 100% of the proceeds from each shirt sold will be donated to EIF's Women's Cancer Research Fund. The T-shirts will debut at Saks Fifth Avenue on October 1, 2013. The Company will also host a charity shopping weekend on October 17, 2013 to October 20, 2013 at all Saks Fifth Avenue and Saks Fifth Avenue OFF 5TH stores nationwide and on saks.com. During the shopping weekend, Saks informed that 2% of the participating vendor sales of up to $500,000 will be donated to EIF. The Full Research Report on Saks Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/2e2e_SKS]
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SOURCE Wall Street Reports