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Earnings Releases, New Store Openings, and Community Development Efforts - Research Report on Bed Bath & Beyond, Safeway, Lumber Liquidators, Harris Teeter, and Saks

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


News provided by

Wall Street Reports

Jul 01, 2013, 08:00 ET

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NEW YORK, July 1, 2013 /PRNewswire/ --

Today, Wall Street Reports announced new research reports highlighting Bed Bath & Beyond Inc. (NASDAQ: BBBY), Safeway Inc. (NYSE: SWY), Lumber Liquidators Holdings Inc. (NYSE: LL), Harris Teeter Supermarkets Inc. (NYSE: HTSI), and Saks Inc. (NYSE: SKS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Bed Bath & Beyond Inc. Research Report

On June 26, 2013, Bed Bath & Beyond Inc. (Bed Bath & Beyond) reported its financial results for Q1 FY 2013 (period ended June 1, 2013). Net sales increased approximately 17.8% YoY to $2.6 billion. Net earnings were $202.5 million or $0.93 per diluted share, compared to net earnings of $206.8 billion or $0.89 per diluted share in Q1 FY 2012. Comparable store sales for Q1 FY 2013 increased by approximately 3.4% compared with an increase of approximately 3% in Q1 FY 2012. For Q2 FY 2013, the Company expects net earnings per diluted share to be approximately $1.11 to $1.16, and approximately $4.84 to $5.01 for full-year FY 2013, which will include Cost Plus Inc. (World Market) and Linen Holdings for the entire period of FY 2013. The Full Research Report on Bed Bath & Beyond Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/0297_BBBY]

--

Safeway Inc. Research Report

On June 25, 2013, Safeway Inc. (Safeway) announced that it has been selected to receive the 2013 Secretary of Defense Employer Support Freedom Award, the highest honor in the US given to employers for exceptional support of National Guard and Reserve employees. According to the Company, it was one of the first employers that committed to cover the pay differential and extend full benefits to employees in the Reserve and National Guard called to active duty. The Company stated that it aggressively responded to the need for employment with returning veterans through its Junior Military Officer and Non-Commissioned Officer (JMO/NCO) Program. In 2012, Safeway hired approximately 1,500 veterans with over 1,300 of them hired into the Company's retail stores, and intends to hire at least another 1,500 veterans by the end of 2013. The Full Research Report on Safeway Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/5108_SWY]

--

Lumber Liquidators Holdings Inc. Research Report

On June 26, 2013, Lumber Liquidators Holdings Inc. (Lumber Liquidators) announced that the Company has opened its 300th store, located in Las Vegas, Nevada. The new store, which follows the Company's new "store of the future" format, is its third store in Nevada and second in Las Vegas. The Company has opened 12 new stores so far in 2013 and expects to open a total of 25 to 35 stores by the end of 2013, all in its "store of the future" format, which features an expanded showroom of approximately 1600 feet, including an expanded assortment of flooring options, moldings, and accessories. The Full Research Report on Lumber Liquidators Holdings Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/fc27_LL]

--

Harris Teeter Supermarkets Inc. Research Report

On June 24, 2013, Harris Teeter Supermarkets Inc. (Harris Teeter), in partnership with Washington Nationals, announced that it is hosting a food drive from the date of the announcement until July 8, 2013, to support its local food bank partners. In May 2013, the Company had announced a donation of $225,000 to its food bank partners. The Company stated that the food drive initiative is to help bring additional awareness for the problem of hunger. According to the Company, donations made at Harris Teeter locations will benefit Capital Area Food Bank and Loudoun Interfaith Relief, and beneficiaries will be displayed on posters placed on the collection bins in each store. Further, fans of Washington Nationals may bring non-perishable food items to Nationals Park on July 6, 2013 and July 7, 2013, when the team faces the San Diego Padres. Donations may be submitted with the volunteers outside the Center Field Gate from the time the gates open up to the fourth inning. The Full Research Report on Harris Teeter Supermarkets Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:  [http://www.wsreports.com/r/full_research_report/4bd5_HTSI]

--

Saks Inc. Research Report

On June 24, 2013, Saks Fifth Avenue, a specialty retail business of Saks Inc. (Saks), and the Entertainment Industry Foundation (EIF), jointly announced that actress Jennifer Anniston has been named the EIF ambassador for Saks Fifth Avenue's 2013 Key to the Cure campaign. In addition, celebrated designer Peter Dundas of Emilio Pucci created a limited edition T-shirt exclusively to benefit Key to the Cure campaign that will sell for $35 at Saks Fifth Avenue stores, Saks Fifth Avenue OFF 5TH stores, and online at saks.com. 100% of the proceeds from each shirt sold will be donated to EIF's Women's Cancer Research Fund. The T-shirts will debut at Saks Fifth Avenue on October 1, 2013. The Company will also host a charity shopping weekend on October 17, 2013 to October 20, 2013 at all Saks Fifth Avenue and Saks Fifth Avenue OFF 5TH stores nationwide and on saks.com. During the shopping weekend, Saks informed that 2% of the participating vendor sales of up to $500,000 will be donated to EIF. The Full Research Report on Saks Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/2e2e_SKS]

----

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.

SOURCE Wall Street Reports

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