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Earnings Results, Newly Appointed Leaders, and Financial Results Schedules - Research Report on Gap Inc., VCA Antech Inc., Service Corp. International, Shutterfly, Inc., and OfficeMax Incorporated


News provided by

Investors' Reports

Jul 30, 2013, 08:00 ET

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NEW YORK, July 30, 2013 /PRNewswire/ --

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

Today, Investors' Reports announced new research reports highlighting Gap Inc. (NYSE: GPS), VCA Antech Inc. (NASDAQ: WOOF), Service Corp. International (NYSE: SCI), Shutterfly, Inc. (NASDAQ: SFLY), and OfficeMax Incorporated (NYSE: OMX). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Gap Inc. Research Report

On July 11, 2013, Gap Inc. (Gap) announced the Company's June 2013 (five week period ended July 6, 2013) net sales. Gap's net sales increased 8.5% YoY to $1.5 billion. According to the Company, due to the 53rd week in FY 2012, Gap's June 2013 comparable sales are compared to the five-week period ended on July 7, 2013. On this basis, the Company's comparable sales for June 2013 were up by 7% compared to flat comparable sales in June 2012. Chairman and Chief Executive Officer of Gap, Glenn Murphy, commented, "We are pleased with our June sales results. Old Navy's performance was particularly strong." The Full Research Report on Gap Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-26/GPS]

VCA Antech Inc. Research Report

On July 25, 2013, VCA Antech Inc. (VCA Antech) reported its financial results for Q2 2013. Revenue increased 6.1% YoY to $465.3 million. Net income of $41.7 million marked an increase of 21.4% YoY, with diluted earnings per common share increasing 17.9% YoY to $0.46. Commenting on the results, Chairman and Chief Executive Officer, Bob Antin, stated, "We had an excellent quarter with improvements in revenue growth and margins in both our core Animal Hospital and Laboratory business segments. Looking forward, we remain optimistic with respect to our results for the second half of 2013." The Full Research Report on VCA Antech Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-26/WOOF]

Service Corp. International Research Report

On July 24, 2013, Service Corp. reported its financial results for Q2 2013. Revenue increased 4.7% YoY to $625.5 million. Net income attributable to common stockholders was $33.6 million or $0.16 per diluted share, compared to net income of $37.1 million or $0.17 per diluted share in Q2 2012. Commenting on the results, President and Chief Executive Officer, Tom Ryan, said, "We are also pleased to report another successful quarter where both earnings and cash flow exceeded our internal expectations. Based on our strong results in the first half of the year, we are increasing both our earnings per share and cash flow guidance for the full year 2013. We continue to be optimistic about our opportunities for growth enhanced by the Stewart acquisition and our preneed sales strategies that are strengthened by an aging demographic." The Full Research Report on Service Corp. International - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-26/SCI]

Shutterfly, Inc. Research Report

On July 10, 2013, Shutterfly, Inc. (Shutterfly) announced that the Company has scheduled to release its Q2 2013 financial results on July 31, 2013, after the US financial markets close. On the same day, at 2:00 p.m. PT, Shutterfly's President and Chief Executive Officer, Jeffrey Housenbold and Chief Financial Officer, Brian Regan will host a conference call and a simultaneous webcast to discuss the Company's financial results and outlook. The Company informed that the call will be accessible through the Company's website. The Full Research Report on Shutterfly, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-26/SFLY]

OfficeMax Incorporated Research Report

On July 25, 2013, OfficeMax Incorporated (OfficeMax) announced that its Board of Directors has declared a quarterly cash dividend of $0.02 per common share, payable on August 30, 2013, to shareholders of record as of the close of business on August 15, 2013. In other news dated July 24, 2013, the Company also reported that its Executive Vice President and Chief Financial Officer, Bruce Besanko, is leaving the Company to become the Executive Vice President and Chief Financial Officer of SUPERVALU. As per OfficeMax, Besanko's last day at the Company will be August 6, 2013. President and Chief Executive Officer, Ravi Saligram, said, "We thank Bruce for his many contributions to OfficeMax. He has successfully guided OfficeMax's financial functions, establishing a reputation for performance, accountability and transparency. As importantly, he has developed a strong and experienced leadership team who will continue leading our finance operations. We wish Bruce all the best in his new endeavors." OfficeMax also stated that as it progresses toward its proposed merger with Office Depot, Deb O'Connor, Senior Vice President, Finance and Chief Accounting Officer, will assume the role of interim Chief Financial Officer, effective from August 7, 2013. The Full Research Report on OfficeMax Incorporated - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-26/OMX]

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 making 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 Investors' Reports

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