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Financial Results and Philanthropic Initiatives - Research Report on Williams-Sonoma, Chico's, Dollar General, Guess, and The Fresh Market

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


News provided by

Investors' Reports

Sep 02, 2013, 08:00 ET

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NEW YORK, September 2, 2013 /PRNewswire/ --

Today, Investors' Reports announced new research reports highlighting Williams-Sonoma, Inc. (NYSE: WSM), Chico's FAS, Inc. (NYSE: CHS), Dollar General Corp. (NYSE: DG), Guess? Inc. (NYSE: GES), and The Fresh Market Inc. (NASDAQ: TFM). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Williams-Sonoma, Inc. Research Report

On August 28, 2013, Williams-Sonoma, Inc. (Williams-Sonoma) reported its Q2 FY 2013 (period ended August 4, 2013) financial results. The Company's net revenues increased 12.3% YoY to $982.2 million during the quarter. Net earnings were $48.9 million or $0.49 per diluted share, in Q2 FY 2013, compared to $43.4 million or $0.43 per diluted share, in Q2 FY 2012. Williams-Sonoma's President and CEO, Laura Alber, said, "Our second quarter results demonstrate the strong demand for our brands and the profitability of our multi-channel, multi-brand platform. We achieved sales and profit levels that exceeded our expectations while making investments in our growth objectives and in the infrastructure to support them." The Company anticipates Q3 FY 2013 revenue and diluted EPS to be within $1,020 million to $1,040 million, and $0.51 to $0.54 per diluted share, respectively. Besides, full-year FY 2013 revenue is expected to be in the range of $4,260 million to $4,340 million. The Full Research Report on Williams-Sonoma, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-28/WSM]

--

Chico's FAS, Inc. Research Report

On August 28, 2013, Chico's FAS, Inc. (Chico's) reported its Q2 FY 2013 financial results (period ended August 3, 2013). The Company's total net sales increased 1.2% YoY to $649.5 million during the quarter, primarily reflecting 112 net new stores for a square footage increase of 8.8%. Comparable sales for Q2 FY 2013 decreased 2.6% compared to a 5.6% YoY increase in Q2 FY 2012, impacted by lower transaction count and average dollar sale which further was attributed to lower traffic and the cycling of strong comparable sales last in 2012. Net income was $43.6 million or $0.27 per diluted share, in Q2 FY 2013, compared to $53.4 million or $0.32 per diluted share, in Q2 FY 2012. The Full Research Report on Chico's FAS, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-28/CHS]

--

Dollar General Corp. Research Report

On August 21, 2013, Dollar General Corp. (Dollar General) announced that the Dollar General Literacy Foundation awarded more than $2.5 million in grants to c.650 schools, nonprofits, and literacy organizations to support youth literacy programs. The Company stated that its Dollar General Literacy Foundation supports initiatives aid others in improving their lives through literacy and education, and the foundation has awarded more than $84.9 million in grants nonprofit organizations since 1993. Rick Dreiling, Dollar General's Chairman and CEO said, "Youth literacy grants from the Dollar General Literacy Foundation are awarded at the beginning of the academic year to help make a distinct impact on the communities we serve by supporting programs that improve education and enhance literacy. At Dollar General, we are passionate about our mission of Serving Others and it's exciting to see the real difference literacy and learning makes in people's lives." The Full Research Report on Dollar General Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-28/DG]

--

Guess? Inc. Research Report

On August 28, 2013, Guess? Inc. (Guess) reported its Q2 FY 2014 financial results (period ended August 3, 2013). The Company's net revenue increased 0.6% YoY to $639 million during the quarter. Net earnings attributable to Guess were $39.9 million or $0.47 per diluted share, in Q2 FY 2014, compared to $42.9 million or $0.49 per diluted share, in Q2 FY 2013. Guess expects its full-year FY 2014 consolidated net revenues to be the in the range of $2,560 million to $2,590 million. The Company also expects full-year FY 2014 adjusted diluted EPS to range between $1.78 and $1.92, and GAAP diluted EPS to be in the range of $1.70 to $1.84 respectively. The Company also announced that its Board has declared a quarterly cash dividend of $0.20 per share on the Company's common stock to be payable on September 27, 2013 to shareholders of record at the close of business on September 11, 2013. The Full Research Report on Guess? Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-28/GES]

--

The Fresh Market Inc. Research Report

On August 28, 2013, The Fresh Market, Inc. (The Fresh Market) reported its financial results for Q2 FY 2013 (period ended July 28, 2013) with sales of $354.8 million, up 13.3% YoY. Net income was $15.6 million or $0.32 per diluted share, in Q2 FY 2013, compared to $13.3 million or $0.28 per diluted share, in Q2 FY 2012. Craig Carlock, President and CEO of The Fresh Market, said, "I am pleased that we delivered another quarter of double-digit sales and earnings growth. Comparable store sales continued to improve from prior quarters and gross margin expanded, even in the face of rising product cost inflation. We also opened five stores this quarter and remain on track to achieve record new store openings this fiscal year." For full-year FY 2013, the Company anticipates diluted EPS to range between $1.50 and $1.55. The Full Research Report on The Fresh Market Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-28/TFM]

----

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.

InvestorsReports.com

SOURCE Investors' Reports

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