Festive Offers, Financial Results, Stock Movements, New Offerings, and Appointments - Research Report on Kohl's, RadioShack, Conn's, Avnet, and Big Lots
NEW YORK, October 25, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Kohl's Corporation (NYSE: KSS), RadioShack Corporation (NYSE: RSH), Conn's Inc. (NASDAQ: CONN), Avnet, Inc. (NYSE: AVT) and Big Lots, Inc. (NYSE: BIG). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Kohl's Corporation Research Report
On October 21, 2013, Kohl's Corporation (Kohl's) announced that its stores will be open for 28 hours straight from 8:00 p.m. on November 28, 2013 i.e. Thanksgiving Day through midnight November 29, 2013. Michelle Gass, Kohl's Chief Customer Officer, commented, "As many customers are eager to get a jumpstart on their shopping, we are opening our stores at 8 p.m. on Thanksgiving Day as a convenience to our customers who want to make Kohl's their first stop." The Company stated that it will also provide new tools, additional online conveniences and a wide assortment of popular brands during this holiday season. The Full Research Report on Kohl's 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/0e40_KSS]
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RadioShack Corporation Research Report
On October 22, 2013, RadioShack Corporation (RadioShack) announced its Q3 2013 financial results. The Company reported that its net sales and operating revenues declined 10.3% YoY to $805.4 million during the quarter. Also, RadioShack incurred a net loss of $112.4 million or $1.11 per diluted share in Q3 2013, compared to a net loss $47.1 million or $0.47 per diluted share in Q3 2012. Commenting on the results, Joseph C. Magnacca, CEO, stated, "As we have said, we expect our work to take several quarters and during that time our results will vary quarter to quarter as we make strategic changes to improve our long-term financial performance. This quarter reflects our strategic decision to accelerate the improvements to the product assortment in our stores by removing duplicate and unproductive inventory. The lower inventory valuations for these products and projected disposal costs resulted in an expected increase to our cost of products sold this quarter." The Full Research Report on RadioShack 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/ef82_RSH]
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Conn's Inc. Research Report
On October 22, 2013, Conn's Inc.'s (Conn's) stock declined 1.32%, ending the day at $61.85. Over the previous three trading sessions, the shares of Conn's gained 0.21% compared to the Nasdaq Composite which gained 1.72% during the same period. The Full Research Report on Conn'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/3f20_CONN]
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Avnet, Inc. Research Report
On October 22, 2013, Avnet Electronics Marketing, an operating group of Avnet Inc. (Avnet), released 2 kits designed by Avnet experts - Zynq® -7000 All Programmable SoC / AD9361 Software-Defined Radio Evaluation Kit and the Zynq-7000 All Programmable SoC / AD9361 Software-Defined Radio Systems Development Kit. The Company informed that these kits enable wireless communications from baseband to radio frequency (RF) and are targeted for software-defined radio, MIMO, public safety networks, and general purpose data acquisition. Luc Langlois, Technology Director, Digital Signal Processing, Avnet Electronics Marketing, commented, "These latest-generation, software-defined radio kits are a great value for RF engineers looking for innovative, yet cost-competitive products. These versatile development platforms leverage the combined analog and digital expertise of our partners, providing robust design flows to the communications system architect and multiple options to the RF engineer through enhanced integration of RF and baseband functionality." The Full Research Report on Avnet, 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/5ed7_AVT]
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Big Lots, Inc. Research Report
On October 21, 2013, Big Lots, Inc. (Big Lots) announced the appointment of Andrew Stein as Senior Vice President, Chief Customer Officer. The Company said that in this role, Mr. Stein will oversee all areas of consumer engagement and consumer messaging, including marketing, advertising, brand development, and merchandise presentation. Prior to joining the Company, Mr. Stein served as Chief Marketing Officer of Kmart. Commenting on the appointment, David Campisi, CEO and President of Big Lots, stated, "Andy has been an innovator in digital marketing strategies and multi-channel communications. He brings a wealth of experience integrating e-commerce and omni-channel solutions into brick and mortar retail operations. His analytical approach to creative strategic thinking will add tremendous value to our efforts. We're delighted to welcome him as a member of our executive leadership team." The Full Research Report on Big Lots, 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/9ac4_BIG]
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