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Board Appointments, Quarterly Results, Acquisitions, Expansions, and Scholarship Grants - Research Report on Rite Aid, Ascena, Roundy's, Natural Grocers, and Susser

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


News provided by

Analysts' Corner

Dec 06, 2013, 08:00 ET

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NEW YORK, December 6, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Rite Aid Corporation (NYSE: RAD), Ascena Retail Group Inc. (NASDAQ: ASNA), Roundy's, Inc. (NYSE: RNDY), Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC), and Susser Holdings Corporation (NYSE: SUSS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Rite Aid Corporation Research Report

On December 3, 2013, Rite Aid Corporation (Rite Aid) announced that its Board of Directors has appointed Myrtle S. Potter to the Company's Board. Commenting on the appointment, John Standley, Chairman, President, and CEO of Rite Aid said, "We are pleased that Myrtle has accepted a position on our Board. Her extensive knowledge and leadership in healthcare, particularly in the pharmaceutical industry, will add an important dimension and perspective to our board as we assess how to most effectively grow our business and meet the health and wellness needs of our customers in a rapidly changing and evolving healthcare environment." The Full Research Report on Rite Aid Corporation - 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/f64e_RAD

--

Ascena Retail Group Inc. Research Report

On December 2, 2013, Ascena Retail Group Inc. (Ascena) released its Q1 FY 2014 results (period ended October 26, 2013). Ascena registered net sales of $1.2 billion in Q1 FY 2014, up 5.2% YoY. The Company posted net income of $52.6 million and diluted EPS of $0.32 in Q1 FY 2014, reflecting a growth of 22.0% YoY and 18.5% YoY, respectively. Commenting on the results, David Jaffe, President and CEO of Ascena, stated, "We were pleased that our top line momentum continued into the first quarter, with all of our brands generating positive total comps. We also continued to make progress on our strategic priorities during the quarter, including our synergy initiatives, which will position the business for long term growth." Jaffe continued, "We expect the retail environment to be challenging for the foreseeable future, with a highly promotional holiday season. We have taken a conservative approach to planning inventory, and have developed promotional contingencies to ensure we end the season clean. Regardless of the environment, our teams are focused on driving profitable growth, and we feel that our brands are well positioned for success." The Full Research Report on Ascena Retail Group 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/5bf3_ASNA

--

Roundy's, Inc. Research Report

On December 2, 2013, Roundy's, Inc. (Roundy's) announced that it has entered into a definitive agreement for the acquisition of 11 Dominick's stores from Safeway Inc. According to Roundy's, the acquisition will be made in a $36 million cash and lease assumption transaction. Roundy's reported that the stores will be converted to Mariano's banner, Roundy's growth banner, in the Chicago metropolitan area. Robert Mariano, Chairman, President, and CEO, Roundy's, explained, "These key locations will seamlessly integrate into and complement our existing base of 13 Mariano's locations as well as our 5 additional 2014 Mariano's locations now under construction." Roundy's stated that the transaction is expected to be completed in the latter half of December 2013. The Full Research Report on Roundy'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/c12d_RNDY

--

Natural Grocers by Vitamin Cottage, Inc. Research Report

On December 2, 2013, Natural Grocers by Vitamin Cottage, Inc. (Natural Grocers) announced the grand opening of its newest Texas location in the new Town Square Shopping Center at 3910 Lawrence Rd in Wichita Falls. Kemper Isely, Natural Grocers Co-President, said, "While they are here, shoppers can also pick up some practical ideas for healthy eating during one of our free cooking demonstrations, or take part in a free nutritional education seminar." Natural Grocers reported that the Wichita branch will be open for business from 8:56 a.m. to 8:04 p.m. from Monday through Saturday, and from 9:56 a.m. to 7:06 p.m. on every Sunday. The Full Research Report on Natural Grocers by Vitamin Cottage, 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/0ec8_NGVC

--

Susser Holdings Corporation Research Report

On December 2, 2013, Susser Holdings Corporation (Susser) announced that its Stripes Convenience Stores have launched the Stripes College Scholarship Fund. According to Susser, for each donation made, customers will receive a recognition cut-out that will be displayed in the store, along with a free 12-ounce Slush Monkey coupon and a buy-one-get-one-free Smokin' Barrel Trail Mix or Smokin' Barrel Peanuts bag offer. Sam L. Susser, Chairman, CEO, and President of Susser, stated, "Young people are our future, and there's no better investment we can make in the communities where we live and work than helping our youth go to college." Susser continued, "As we look to the future, we believe that education is the key to unlocking the potential for success. Today, historically disadvantaged students are not reaching the same level of educational attainment as the general population, and it is our hope that by partnering with our customers and our team members, Stripes can positively impact this critical issue." The Full Research Report on Susser Holdings Corporation - 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/1b2f_SUSS

----

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 Ananya Ghosh, 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.
  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 represented by Ananya Ghosh, 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

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