New Store Openings, Philanthropic Initiatives, and Increased Revenues Strengthen Global Position - Research Report on Gap, Wolverine Worldwide, Nordstrom, Kohl's, and Deckers Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, July 12, 2013 /PRNewswire/ --
Today, Wall Street Reports announced new research reports highlighting The Gap Inc. (NYSE: GPS), Wolverine Worldwide, Inc. (NYSE: WWW), Nordstrom, Inc. (NYSE: JWN), Kohl's Corporation (NYSE: KSS), and Deckers Outdoor Corp. (NASDAQ: DECK). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
The Gap Inc. Research Report
On July 9, 2013, Banana Republic, a Gap Inc. (Gap) brand, announced that it has been named as the Formal Attire supplier of ORACLE TEAM USA, the American sailboat racing team. Banana Republic said that it is proud to support ORACLE TEAM USA as they defend the 34th America's Cup on San Francisco Bay in September 2013. Jack Calhoun, Banana Republic Global President, said, "It's an honor to be associated with ORACLE TEAM USA, the local champion defending the America's Cup in our hometown, and wardrobe the team with formal suits and dresses from Banana Republic. It's exciting for Banana Republic and ORACLE TEAM USA to celebrate this partnership together here in San Francisco." The Full Research Report on The Gap 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/3e7c_GPS]
Wolverine Worldwide, Inc. Research Report
On July 9, 2013, Wolverine Worldwide, Inc. (Wolverine Worldwide) reported its financial results for Q2 FY 2013 (period ended June 15, 2013). The Company's revenue increased 88.0% YoY to $587.8 million. Excluding acquisition-related transaction and integration expenses, the Company's fully diluted EPS increased 12.2% YoY to $0.46, ahead of the Company's previous guidance range of $0.31 to $0.35 per share. Commenting on the results, Blake W. Krueger, Chairman and Chief Executive Officer of Wolverine Worldwide, said, "The combined power of our brand portfolio is virtually unmatched in the industry, and the continuing global consumer interest in authentic brands anchored in performance and heritage positions us well for future growth. We continue to believe that the power of our 16-brand portfolio, a strong global infrastructure, and talented team have us poised to deliver growth and exceptional shareholder value." For full-year FY 2013, the Company expects revenue to grow between 6% and 8.9% YoY to $2.7 to $2.8 billion. Additionally, the Company now expects full-year FY 2013 EPS to be in the range of $2.06 to $2.21 per share, on an as reported basis. The Full Research Report on Wolverine Worldwide, 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/a9b9_WWW]
Nordstrom, Inc. Research Report
On July 9, 2013, Nordstrom, Inc. (Nordstrom) announced its plans to open a third Houston-area Nordstrom Rack at Willowbrook Mall. According to the Company, Nordstrom Rack is the off-price retail division of Nordstrom, which offers customers a selection of on-trend apparel, accessories, and shoes at 30% to 70% off regular prices. It carries merchandise from Nordstrom stores and Nordstrom.com along with specially purchased items from many of the top brands sold at Nordstrom. Geevy Thomas, President of Nordstrom Rack, said, "We've been looking for opportunities to better serve Houston customers as we continue to grow. We are grateful for the great response to our Rack stores at Post Oak and in Sugar Land, and are eager for the chance to earn our customers' business in North Houston at Willowbrook Mall." Nordstrom said that the store is scheduled to open in the fall of 2014. 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.wsreports.com/r/full_research_report/7b70_JWN]
Kohl's Corporation Research Report
On July 9, 2013, Kohl's Corporation (Kohl's) announced a $1.5 million donation over three years to the Zoological Society of Milwaukee County to continue Kohl's Wild Theater program at the Milwaukee County Zoo. Kohl's said that the funding comes from the Kohl's Cares cause merchandise program, and will allow Kohl's Wild Theater to expand its repertoire to include a total of 15 unique shows, add new puppets for stage and exhibit performances, and make improvements to the stage and theater area at the zoo, including a raised stage floor, shaded stage area and a theater green room for the cast. Kevin Mansell, Kohl's Chairman, President and Chief Executive Officer, said, "Kohl's is proud to continue our partnership with the Zoological Society of Milwaukee County to bring lessons about conservation, wildlife and natural animal habitats to life for Wisconsin kids." The Full Research Report on Kohl's Corporation - 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/0142_KSS]
Deckers Outdoor Corp. Research Report
On July 2, 2013, UGG Australia, a registered trademark of Deckers Outdoor Corp. (Deckers), announced the grand opening of its retail store in Houston, Texas, located at 5085 Westheimer Road, Level II in The Galleria. According to UGG Australia, the store interior carries the global design theme seen at over 50 UGG Australia stores around the world, using high-quality finishes from zebra wood to frosted glass and a unique champagne metal finish. Further, UGG Australia said that the floor and ceiling are made from natural oak and slate while custom-built features are carried throughout the store to add interest to the full product categories. Constance X. Rishwain, President of UGG Australia, said, "The consumers in Houston are very fashion-savvy, and we're confident that they will appreciate being able to see and experience the full breadth of our offerings in a beautiful environment in an equally great mall location." The Full Research Report on Deckers Outdoor Corp. - 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/ef6c_DECK]
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