Steady Market Recovery, Sales Growth, Fund Raisers, Market Strategies and Free Health Insurance Consultations - Research Report on Home Depot, Walgreen, JC Penney, Macy's, and Rite Aid
NEW YORK, September 23, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Investors' Reports announced new research reports highlighting The Home Depot, Inc. (NYSE: HD), Walgreen Co. (NYSE: WAG), J. C. Penney Company, Inc. (NYSE: JCP), Macy's, Inc. (NYSE: M), and Rite Aid Corp. (NYSE: RAD). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
The Home Depot, Inc. Research Report
On September 7, 2013, Bloomberg reported that Home Depot, Inc.'s (Home Depot) CEO Frank Blake said that the increasing home prices in 2013 will spur renovation spending; helping the retailer even as increasing mortgage rates put pressure on the US housing recovery. Commenting on the expected sales growth, in an interview at Bloomberg's New York headquarters on September 6, 2013, Mr. Blake stated, "As we look into the back half of 2013, we continue to see the housing market improving -- not a blistering pace but a steady, steady improvement." According to projections from Bloomberg analysts, rising borrowing costs will squeeze property sales, which in turn could damp demand for big-ticket items such as fridges, Jacuzzis and granite counters at Home Depot - the biggest US home improvements retailer. The Full Research Report on The Home Depot, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-19/HD]
Walgreen Co. Research Report
On September 5, 2013, Walgreen Co. (Walgreens) reported its monthly sales results for August 2013. The Company reported August 2013 net sales of $6.2 billion, a 5.6% YoY increase. Total sales for the Q4 FY 2013 (period ended August 31, 2013) were c.$18 billion, up 5.1% YoY. Comparable store sales for the Q4 FY 2013 grew 4.5% while front-end comparable store sales for the quarter increased 1.7%. Prescriptions filled at comparable stores increased 6.8% in the Q4 FY 2013 and comparable pharmacy sales increased 6.2%. Total sales for FY 2013 were $72.22 billion, up 0.8% YoY. The Company informed that it opened 14 stores during August 2013, including two relocations. The Full Research Report on Walgreen Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-19/WAG]
J. C. Penney Company, Inc. Research Report
On September 3, 2013, J. C. Penney Company, Inc. (JCPenney) announced that as part of its charitable giving program, jcp cares, JCPenney is inviting customers to round up their purchases - both in-store and online to the nearest dollar and donate the difference to benefit DoSomething.org. The Company reported that the funds raised for DoSomething.org will help provide DoSomething.org members with the information, tools and platform they need to take action on the causes they care about."DoSomething.org gives teens an accessible way to make a real impact on the causes they're most passionate about. With the help of DoSomething.org, they have the power to make change happen," said DoSomething.org said CEO and Chief Old Person Nancy Lublin. "Our partnership with JCPenney is huge for us because it will help us reach even more teens and allow them to make a significant change in their communities." The Full Research Report on J. C. Penney Company, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-19/JCP]
Macy's, Inc. Research Report
On September 18, 2013, Macy's Inc. (Macy's) announced the newest brand television spots, which will shift focus for the first time to customer centric initiatives that drive the retailer's Omnichannel consumer strategy. "As an omnichannel retailer, we strive to provide a seamless experience for customers who shop with us in-store, online or via mobile devices," said Martine Reardon, Macy's Chief Marketing Officer. "Using our brand television creative to spotlight three initiatives that enhance the shopping experience helps us to better deliver on our promise of fashion, value and entertainment in whatever ways customers choose to interact with us." 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.investorsreports.com/report/2013-09-19/M]
Rite Aid Corp. Research Report
On September 9, 2013, Rite Aid Corp. (Rite Aid) announced the availability of a set of comprehensive resources enabling customers to better understand the Affordable Care Act. The Company informed that these resources will help customers gain information, which will prove useful in selection of health insurance choices. Starting on October 1, 2013, independent, licensed insurance agents will be onsite in nearly 2,000 of the more than 4,600 Rite Aid pharmacies across the country for free consultations with customers. Rite Aid Chairman and CEO John Standley said, "With the implementation of the Health Insurance Marketplace, our customers will now have many new choices to make in the coming enrollment period. We know they will look to Rite Aid for information and guidance, and that's why we're providing free resources in store and online, to help them better understand the new requirements and options available to them under the law." The Full Research Report on Rite Aid Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-19/RAD]
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Namrata Maheshwari, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com.
- For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com.
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Namrata Maheshwari, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Analysts' Corner