Monthly Sales, Gallery Openings, Conference Call Schedules, Market Expansions, and Earnings Results - Analyst Notes on Rite Aid, Restoration Hardware, Cabela's, American Eagle and Pier 1 Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, July 8, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Rite Aid Corp. (NYSE: RAD), Restoration Hardware Holdings, Inc. (NYSE: RH), Cabela's Inc. (NYSE: CAB), American Eagle Outfitters, Inc. (NYSE: AEO) and Pier 1 Imports, Inc. (NYSE: PIR). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4530-100free.
Rite Aid Corp. Analyst Notes
On July 3, 2014, Rite Aid Corp. (Rite Aid) reported its monthly sales for June 2014. For the four weeks ended June 28, 2014, the Company reported same store sales growth of 3.9% YoY. Front-end same store sales increased 0.9% YoY while Pharmacy same store sales increased 5.4% YoY. Total drugstore sales grew 3.5% YoY to c.$2.0 billion. For the 17-week period ended June 28, 2014, same store sales grew 3.3% YoY. The Company's front-end same store sales increased 0.2% YoY while pharmacy same store sales increased 4.8% YoY. Total drugstore sales grew 2.8% YoY with sales of $8.4 billion. The full analyst notes on Rite Aid are available to download free of charge at:
Restoration Hardware Holdings, Inc. Analyst Notes
On June 26, 2014, Restoration Hardware Holdings, Inc. (Restoration Hardware) announced the opening of RH New York, The Gallery in the Historic Flatiron District, located at 935 Broadway in New York City. According to the Company, the newly expanded Gallery has three floors and is 30,000 gross square feet, which is three times its previous size. The Company stated that the new gallery features an expansive offering of the brand's recently unveiled 2014 furniture collections, including pieces from the brand's RH Small Spaces Source Book. Restoration Hardware added that in conjunction with the launch of the RH Rugs Source Book, the Gallery also includes a Ben Soleimani Rug Showroom which displays the fourth generation designer's exclusive hand-knotted and hand-woven rugs for the Company. The full analyst notes on Restoration Hardware are available to download free of charge at:
Cabela's Inc. Analyst Notes
On June 24, 2014, Cabela's Inc. (Cabela's) announced its plans to release it Q2 2014 financial results on July 24, 2014, Thursday, before the market opens. In conjunction with the earnings release, the Company informed that it will hold a conference call to discuss the results on the same day at 11:00 a.m. ET. Cabela's stated that the call will be hosted by Tommy Millner, CEO, and Ralph Castner, Executive Vice President and CFO. The Company mentioned that a webcast of the conference call and replay of the same can be accessed on the Investor Relations section of its website. The full analyst notes on Cabela's are available to download free of charge at:
American Eagle Outfitters, Inc. Analyst Notes
On June 30, 2014, American Eagle Outfitters, Inc. (American Eagle) announced that it will be opening three new Company owned and operated stores in the UK, expanding its global presence. American Eagle stated that the new stores will be located in the Bluewater premier mall in Kent, England, and the Westfield Group's London and Stratford City shopping centers in London, England. According to the Company, the said stores are expected to open during the fall of 2014. Simon Nankervis, Executive Vice President, Americas & Global Country Licensing at American Eagle Outfitters said, "We are excited to officially announce the upcoming launch of American Eagle Outfitters in the UK. We see a tremendous global appetite for both the American Eagle Outfitters® and aerie® brands, and believe that our presence in three of the most popular shopping destinations in England will provide great exposure for us in this significant new market." The full analyst notes on American Eagle are available to download free of charge at:
Pier 1 Imports, Inc. Analyst Notes
On June 19, 2014, Pier 1 Imports, Inc. (Pier 1) reported its Q1 FY 2015 financial results (period ended May 31, 2014). Net Sales totaled $419.1 million, representing a 6.1% YoY growth. EBITDA totaled $36.4 million compared to $42.3 million in Q1 FY 2014. The Company reported net income of $15.1 million, or $0.16 per diluted share, compared to 20.3 million, or $0.19 per diluted share in Q1 FY 2014. Alex W. Smith, President and CEO said, "We achieved company comparable sales growth of 6.3% in the first quarter, reflecting strong traffic to the Pier 1 Imports brand. We are pleased to see increasing strength in e-Commerce, which exceeded our plans and reached 9% of sales for the quarter." For full-year FY 2015 the Company anticipates EBITDA growth in the range of 9% to 14% YoY and diluted EPS to be in the range of $1.14 to $1.22. The full analyst notes on Pier 1 are available to download free of charge at:
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