Earnings Growth, Financial Reports, Marketing Programs, and Nationwide Surveys - Research Report on eBay, Michael Kors, Staples, Liquidity Services, and Men's Wearhouse
NEW YORK, July 22, 2013 /PRNewswire/ --
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Today, Analysts Corner announced new research reports highlighting eBay Inc. (NASDAQ: EBAY), Michael Kors Holdings Limited (NYSE: KORS), Staples, Inc. (NASDAQ: SPLS), Liquidity Services, Inc. (NASDAQ: LQDT), and The Men's Wearhouse, Inc. (NYSE: MW). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
eBay Inc. Research Report
On July 17, 2013, eBay Inc. (eBay) released its Q2 2013 results. The Company reported revenue of $3.9 billion, up 14.1% YoY. GAAP net income was down 7.5% YoY to $640 million, or $0.49 per diluted share, primarily due to a gain on the divestiture of a business in 2012. Non-GAAP net income was up 12.6% YoY to $822 million, or $0.63 per diluted share, primarily attributable to the strong top-line growth. John Donahoe, President and CEO of eBay, stated, "We had a strong second quarter, with $51 billion of enabled commerce volume across Marketplaces, PayPal and eBay Enterprise driving double-digit revenue and earnings growth." Donahoe continued, "Macroeconomic headwinds in Europe and Korea will continue to be a challenge in the second half of the year. But our core businesses are strong and we continue to attract millions of new customers each quarter through mobile innovation. We remain confident in our ability to meet our goals and drive global commerce innovation and leadership." The Full Research Report on eBay 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/4666_EBAY]
Michael Kors Holdings Limited Research Report
On July 16, 2013, Michael Kors Holdings Limited (Michael Kors) announced that it will report its Q1 FY 2014 financial results before the market opens on Tuesday, August 6, 2013. Michael Kors reported that it will host a conference call to discuss its financial results on the same day at 8:00 a.m. ET. The replay of the conference will be available shortly after the conclusion of the call, and will remain available until August 13, 2013. The Full Research Report on Michael Kors Holdings Limited - 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/07fe_KORS]
Staples, Inc. Research Report
On July 10, 2013, Staples, Inc. (Staples) celebrated the official start of the 2013 back-to-school shopping season by opening the NASDAQ market with the "first bell." Staples announced the new Reward-A-Classroom program, great savings opportunities, and an expanded selection of school supplies. Demos Parneros, President of North American Stores and Online at Staples, said, "Staples has it all for the back-to-school season, with tremendous savings and a huge selection of products that ranges from essential supplies to the latest technology." Parneros added, "Staples supports teachers and with our new Reward-A-Classroom program, we make it easy and affordable for parents and educators to work together to keep the classroom stocked all year long." The Full Research Report on Staples, 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/fb7a_SPLS]
Liquidity Services, Inc. Research Report
On July 16, 2013, Liquidity Services, Inc. (Liquidity Services) released certain preliminary Q3 FY 2013 financial results (period ended June 30, 2013). Liquidity Services expects to report Gross Merchandise Volume (GMV) in the range of $228 million to $231 million, which is lower than the previous expectation of $250 million to $275 million. Adjusted EBITDA, which excludes stock based compensation and acquisition costs, is expected to be in the range of $26 million to $27 million, compared to the previous expectation of $29 million to $32 million. Liquidity Services also expects to lower its FY 2013 guidance for GMV, adjusted EBITDA, and adjusted EPS as a result of lower than expected Q3 FY 2013 results. The updated guidance will be announced during the earnings call to be held on August 7, 2013. The Full Research Report on Liquidity Services, 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/64e4_LQDT]
The Men's Wearhouse, Inc. Research Report
On July 15, 2013, The Men's Wearhouse, Inc. (Men's Wearhouse) released the results of a nationwide survey, which showed how a single suit can transform a man's life, making him feel more attractive, confident, and successful in professional situations as well social ones. Men's Wearhouse reported that the study was conducted by Kelton Research, and had 1,000 American men participants ages 18 years and older. Doug Ewert, President and CEO of Men's Wearhouse, commented, "What you wear has a direct impact on how you feel, and wearing a suit not only helps you look your absolute best but also helps you feel your absolute best, no matter what situation you are in, from a job interview to a first date." Ewert continued, "Our goal at Men's Wearhouse is to help every customer find the perfect suit for any occasion." The Full Research Report on The Men's Wearhouse, 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/ef39_MW]
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