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Announcements on Quarterly Financial Results - Research Report on Abercrombie & Fitch, Dollar Tree, Aeropostale, Stage Stores, and Buckle


News provided by

Investors' Reports

Aug 27, 2013, 08:00 ET

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NEW YORK, August 27, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Investors' Reports announced new research reports highlighting Abercrombie & Fitch Co. (NYSE: ANF), Dollar Tree, Inc. (NASDAQ: DLTR), Aeropostale Inc. (NYSE: ARO), Stage Stores Inc. (NYSE: SSI), and The Buckle, Inc. (NYSE: BKE). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Abercrombie & Fitch Co. Research Report

On August 22, 2013, Abercrombie & Fitch Co. (Abercrombie & Fitch) reported its Q2 FY 2013 financial results (period ended August 3, 2013). The Company's net sales declined 0.6% YoY to $945.7 million during the quarter. Net income was $11.4 million, or $0.14 per diluted share, in Q2 FY 2013, compared to net income of $17.1 million, or $0.20 per diluted share, in Q2 FY 2012. According to the Company, net income per diluted share for Q2 FY 2013 includes $0.02 in charges related to the implementation of the Company's profit improvement initiative. Commenting on the results, Abercrombie & Fitch CEO and Chairman of the Board, Mike Jeffries, said, "The second quarter was more difficult than expected due to weaker traffic and continued softness in the female business, consistent with what others have reported. In that context we are planning sales, inventory and expenses conservatively for the remainder of the year."The Company expects Q3 FY 2013 diluted earnings per share to be in the range of $0.40 to $0.45. The Full Research Report on Abercrombie & Fitch Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-22/ANF]

--

Dollar Tree, Inc. Research Report

On August 22, 2013, Dollar Tree, Inc. (Dollar Tree) reported its Q2 FY 2013 financial results (period ended August 3, 2013). The Company's net sales increased 8.8% YoY to $1.9 billion during the quarter. Net income was $124.7 million, or $0.56 per diluted share, in Q2 FY 2013, compared to net income of $119.2 million, or $0.51 per diluted share, in Q2 FY 2012. Commenting on the results, Dollar Tree CEO Bob Sasser, said, "Sales, customer traffic, average ticket, earnings and operating margin all continue to grow. Customers are responding in record numbers to our outstanding values in both discretionary and consumable merchandise categories." Dollar Tree expects sales to be in the range of $1,870 million to $1,920 million for Q3 FY 2013, based on low- to mid-single digit positive comparable store sales and $7,850 million to $7,970 million for full-year FY 2013 based on a low-single digit positive comparable store sales. The Company also expects diluted EPS to be in the range of $0.54 to $0.59 for Q3 FY 2013 and $2.65 to $2.77 for full-year FY 2013. The Full Research Report on Dollar Tree, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-22/DLTR]

--

Aeropostale Inc. Research Report

On August 22, 2013, Aeropostale Inc. (Aeropostale) reported its Q2 FY 2013 results (period ended August 3, 2013). The Company's net sales declined 6.4% YoY to $454.0 million during the quarter. Net loss was $33.7 million, or $0.43 per diluted share, in Q2 FY 2013, compared to net income of $71,000, or $0.00 per diluted share, in Q2 FY 2012. Commenting on the results, Thomas P. Johnson, CEO of Aeropostale, said, "Our business was pressured by a challenging teen retail environment with weak traffic trends and high levels of promotional activity. Our results were particularly disappointing given the level of change we have registered with the Aeropostale brand in recent periods." The Full Research Report on Aeropostale Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-22/ARO]

--

Stage Stores Inc. Research Report

On August 22, 2013, Stage Stores, Inc. (Stage Stores) reported its Q2 FY 2013 financial results (period ended August 3, 2013). The Company's total sales increased 3.6% YoY to $395.3 million. Net income was $9.6 million, or $0.29 per diluted share, in Q2 FY 2013, compared to net income of $11.7 million, or $0.37 per diluted share, in Q2 FY 2012. Commenting on the results, Michael Glazer, President and CEO of Stage Stores said, "After a slow start to the quarter, sales improved as the weather normalized. We ended the quarter with a nice surge from the start of the back-to-school shopping period. We are pleased with our sales performance and record adjusted earnings for the quarter." Stage Stores expects sales to be in the range of $1,672 thousand to $1,690 thousand and adjusted EPS to be in the range of $1.30 to $1.40 for full-year FY 2013. The Full Research Report on Stage Stores Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-22/SSI]

--

The Buckle, Inc. Research Report

On August 22, 2013, The Buckle, Inc. (Buckle) reported its Q2 FY 2013 financial results (period ended August 3, 2013). The Company's net sales increased 7.9% YoY to $232.5 million during the quarter. Comparable store net sales increased 3.2% YoY, while online sales increased 5.3% YoY to $16.8 million during the quarter. Net income was $25.1 million, or $0.52 per diluted share, in Q2 FY 2013 compared to net sales of $23.2 million, or $0.49 per diluted share, in Q2 FY 2012. The Full Research Report on The Buckle, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-22/BKE]

----

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. 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.
  4. 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 [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

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 has, through Chartered Financial Analysts, 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.

InvestorsReports.com

SOURCE Investors' Reports

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