Retailers' Earnings Reports, Marketing Strategies, EPS Guidance, and Expansion - Research Report on GameStop, Macy's, American Eagle Outfitters, Dick'sSporting Goods, and Conn's
NEW YORK, August 8, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting GameStop Corp. (NYSE: GME), Macy's, Inc. (NYSE: M), American Eagle Outfitters, Inc. (NYSE: AEO), Dick's Sporting Goods Inc. (NYSE: DKS), and Conn's Inc. (NASDAQ: CONN). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
GameStop Corp. Research Report
On August 1, 2013, GameStop Corp. (GameStop) announced that it will report its Q2 FY 2014 financial results (period ended August 3, 2013) on Thursday, August 22, 2013. GameStop reported that it will hold a conference call on the same day at 11:00 a.m. EDT to review its financial results. The Company stated that interested parties can access the conference call through the Investor Relations section of the Company's website. The Full Research Report on GameStop Corp. - 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/d8d8_GME]
Macy's, Inc. Research Report
On July 31, 2013, Macy's, Inc. (Macy's) announced that it will continue its Millennial strategy to attract a new generation of customers looking for trend, style, and value. Macy's reported that under its ongoing initiative, the Company has introduced more than 20 brands for spring 2013, and intends to enhance its collection further with two exclusive new brands, namely, Maison Jules and QMack, by launching c.150 stores in August 2013, under each brand. Molly Langenstein, Executive Vice President and General Merchandise Manager for Millennial and New Business Development at Macy's, said, "Throughout 2013, Macy's has continued to invest in exclusive brands to engage Millennial shoppers who are looking for diverse, current and trend-forward fashion." Langenstein continued, "With the introduction of two new Impulse brands this fall, Maison Jules and QMack, we are continuing to deliver on our promise of newness and excitement. Both collections are unique, contemporary and affordable, and further elevate Macy's position as the Millennial shopping destination." The Full Research Report on Macy's, 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/b69d_M]
American Eagle Outfitters, Inc. Research Report
On August 5, 2013, American Eagle Outfitters, Inc. (American Eagle) announced its revised Q2 2013 EPS outlook. The Company now expects an EPS of c.$0.10, compared to EPS from continuing operations of $0.21 in Q2 2012, primarily due to weaker than expected sales and margin results. The Company stated that total net revenue decreased approximately 2% YoY in Q2 2013. Robert Hanson, CEO of American Eagle, stated, "We are not at all happy with our second quarter results, which were impacted primarily by a disappointing performance of our AEO women's assortment and weak traffic. Results were exacerbated by a highly promotional retail environment, which intensified over the course of July. Within this context, we increased the depth and breadth of markdowns; these actions have enabled us to achieve a clean inventory position moving into the third quarter." The Full Research Report on American Eagle Outfitters, 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/b7b7_AEO]
Dick's Sporting Goods Inc. Research Report
On July 25, 2013, Dick's Sporting Goods Inc. (Dick's) announced the grand opening of its new branch at Colonial Heights. Dick's reported that the Colonial Heights location is its 25th store in the state of Virginia and its 526th nationwide. The Company stated that the new store will feature over 40 in-store services performed by Dick's certified PROS in Golf, Bike, Hunting, Fishing, Team Sports, and more. Lauren Hobart, Chief Marketing Officer of Dick's, commented, "We look forward to becoming part of the Colonial Heights community and serving all athletes by providing the equipment they need to help them excel." The Full Research Report on Dick's Sporting Goods 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/17c8_DKS]
Conn's Inc. Research Report
On July 31, 2013, Conn's Inc. (Conn's) announced the opening of a Conn's HomePlus store in Phoenix, Arizona. Conn's reported that it is the second new store in the Phoenix metropolitan market and third location in Arizona. The Company further stated that the new Conn's HomePlus store format showcases furniture and mattresses in addition to the leading brands and the latest technologies in consumer electronics and home appliances. The Full Research Report on Conn's 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/3f20_CONN]
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