Proposed Acquisitions, Leadership Appointments, New Services and Positive Sales Report - Research Report on Jos. A. Bank, Staples, DSW, OfficeMax, and Finish Line
NEW YORK, October 14, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting JoS. A. Bank Clothiers Inc. (NASDAQ: JOSB), Staples, Inc. (NASDAQ: SPLS), DSW Inc. (NYSE: DSW), OfficeMax Incorporated (NYSE: OMX), and Finish Line Inc. (NASDAQ: FINL). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
JoS. A. Bank Clothiers Inc. Research Report
On October 9, 2013, JoS. A. Bank Clothiers Inc. (Jos. A. Bank) reported that it has made a non-binding proposal to acquire all of the outstanding shares of Men's Wearhouse for $48 per share in cash, representing a total equity value of approximately $2.3 billion. "We are hopeful that Men's Wearhouse's Board will accept our proposal," said Mr. Wildrick, Chairman of the Board of Jos. A. Bank. "We believe Men's Wearhouse's shareholders would want their Board to explore with us the immediate and certain value they would receive in a transaction." If the proposed transaction comes to fruition, the Company expects that the acquisition would be immediately and significantly accretive to its earnings. The Full Research Report on JoS. A. Bank Clothiers Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/3d28_JOSB]
Staples, Inc. Research Report
On October 7, 2013, Staples, Inc. (Staples) announced that John Buchta has been appointed as the Company's Vice President, Treasurer and Tax. The Company reported that Mr. Buchta joined Staples in 2011 as vice president, tax. Prior to Staples, he was a partner at Ernst & Young. Christine Komola, Executive Vice President and Chief Financial Officer said, "John has been an outstanding leader at Staples and brings more than 25 years of industry experience to his new role." The Full Research Report on Staples, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/fb7a_SPLS]
DSW Inc. Research Report
On October 7, 2013, DSW Inc. (DSW) announced the opening of its two new stores this fall in New York City. DSW will open its Harlem store on 125th Street on October 11, 2013 and its new Bronx location at Bay Plaza on October 31, 2013. "We are thrilled with our customer response to our new stores," stated Mike MacDonald, President and CEO, DSW. "With the opening of our stores in Harlem and the Bronx, we will bring our breathtaking assortment, simple convenience and incredible everyday value to even more shoe lovers in New York." The Full Research Report on DSW Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/e23c_DSW]
OfficeMax Incorporated Research Report
On October 8, 2013, OfficeMax Inc. (OfficeMax) announced a new Services Center, providing business owners the essential operations support they need to grow. The OfficeMax Services Center offers an extensive portfolio of more than 40 services designed to relieve administrative burden and assist businesses with critical needs. "This new data advances what we found in extensive national research with business owners of all sizes," said Kim Feil, OfficeMax Executive Vice President and Chief Marketing and Strategy Officer. Feil added, "Our new OfficeMax Services Center builds on services we have always provided to give business owners a complete range of essential support, from credit card processing and payroll services to IT support and cloud storage solutions." The Full Research Report on OfficeMax Incorporated - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/10bd_OMX]
Finish Line Inc. Research Report
On September 27, 2013, The Finish Line Inc. (Finish Line) reported its Q2 FY 2014 financial results (period ended August 31, 2013). The Company reported net sales of $436.0 million, a 13.3% YoY increase. Its diluted EPS for the quarter totaled $0.54, a 10.2% YoY increase. Chairman and CEO Glenn Lyon commented, "The combination of positive comparable sales and good expense control drove a 10% increase in earnings per share over last year. At the same time, we continued to make good progress building our business with Macy's and growing our Running Specialty Group. We remain confident that our strategy to create a leading multi-divisional, omni-channel business will lead to sustainable sales and earnings growth and increased shareholder value over the long term." The Company now expects FY 2014 EPS to increase mid-single digit percent over FY 2013 Non-GAAP diluted EPS of $1.47. The Full Research Report on Finish Line Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/c7c3_FINL]
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