Specialty Retailers Announce Results, Receive Honors, Open New Centers and Stores, and Hold Charity Auctions - Research Report on PetSmart, Sotheby's, CST Brands, OfficeMax, and Rent-A-Center
NEW YORK, August 30, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting PetSmart, Inc. (NASDAQ: PETM), Sotheby's (NYSE: BID), CST Brands, Inc. (NYSE: CST), OfficeMax Incorporated (NYSE: OMX), and Rent-A-Center, Inc. (NASDAQ: RCII). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
PetSmart, Inc. Research Report
On August 21, 2013, PetSmart, Inc. (PetSmart) reported its Q2 FY 2013 financial results (period ended August 4, 2013). In Q2 FY 2013, the Company's sales increased 5.3% YoY to $1.7 billion. Net income for Q2 FY 2013 was $93 million, or $0.89 per share, compared with $79 million, or $0.71 per share, in Q2 FY 2012. "For fiscal year 2013, we anticipate comparable store sales growth of 3% to 4%. We are raising our earnings per share guidance from a previous range of $3.82 to $3.94, to our current expectations of $3.88 to $3.98," said Carrie Teffner, Senior Vice President and CFO of PetSmart. "For the third quarter of 2013, we are expecting comparable store sales growth in the 3% to 4% range, and earnings per share between $0.83 to $0.87." The Full Research Report on PetSmart, 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/d0c1_PETM]
Sotheby's Research Report
On August 23, 2013, Sotheby's (Sotheby's) announced that it will hold a charity auction titled Ai You Reborn, on September 8, 2013, in Beijing. The Company informed that the auction will offer 13 lots estimated at RMB8.8 million to RMB11.2 million (or $1.4 million to $1.8 million), in total. The Company informed that a part of the proceeds from the auction will benefit the Ai You Reborn project under Ai You Foundation, providing medical aid and nursing to orphans. The Full Research Report on Sotheby's - 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/a614_BID]
CST Brands, Inc. Research Report
On August 22, 2013, CST Brands, Inc. (CST Brands) announced that the Convenience Store News Store Design Contest (CSNews design awards) has honored 14 C-store chains for design excellence. CST Brands' Corner Store in Harris County, Texas, was amongst the 14 c-store chains chosen, and won the award for best interior design. The Company informed that the store was designed by Antista Fairclough. According to the Company, the CSNews design awards, now in their eighth year, honor convenience retailers who have the most exciting, innovative, and shopper-friendly looks for their stores. The Full Research Report on CST Brands, 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/2b19_CST]
OfficeMax Incorporated Research Report
On August 27, 2013, OfficeMax Incorporated (OfficeMax) announced the opening of its first Chicago-area OfficeMax Business Solutions Center. According to the Company, the new service-centric store provides local businesses with a portfolio of specially-tailored services and solutions, including designed marketing, web, document, IT, and shipping services. "OfficeMax understands that small businesses and entrepreneurs experience different needs as they grow. We want local businesses in our community to know that they don't have to go it alone," said Michael Lewis, Executive Vice President and President of Retail at OfficeMax. "Every step of the process - from formalizing your business to setting up your website and marketing - will be available through the OfficeMax Business Solutions Center." 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]
Rent-A-Center, Inc. Research Report
On August 22, 2013, Rent-A-Center, Inc. (Rent-A-Center) announced the opening of its new store in Vancouver, Washington. The Company stated that this provides an additional option to customers for acquiring ownership of high-quality furniture, appliances, electronics and computers. Further, to mark the new store opening, the Company stated that it is contributing $1,000 to the Boys & Girls Clubs of Southwest Washington. The Company informed that the Vancouver location is open from 10:00 a.m. to 7:00 p.m. Monday through Friday and 9:00 a.m. to 6:00 p.m. on Saturdays. The Full Research Report on Rent-A-Center, 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/d80f_RCII]
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