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Financial Results, Launch of New Campaigns and Leadership Changes - Research Report on Sally Beauty Holdings, Chico's FAS, Five Below, Tumi Holdings, and Vitamin Shoppe


News provided by

Investors' Reports

Aug 21, 2013, 08:00 ET

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NEW YORK, August 21, 2013 /PRNewswire/ --

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

Today, Investors' Reports announced new research reports highlighting Sally Beauty Holdings Inc. (NYSE: SBH), Chico's FAS Inc. (NYSE: CHS), Five Below, Inc. (NASDAQ: FIVE), Tumi Holdings, Inc. (NYSE: TUMI), and Vitamin Shoppe, Inc. (NYSE: VSI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Sally Beauty Holdings Inc. Research Report

On August 1, 2013, Sally Beauty Holdings Inc. (Sally Beauty) reported its financial results for Q3 FY 2013 (period ended June 30, 2013). Revenue increased 2.8% YoY to $912.1 million. Net income of $72.5 million or $0.42 per diluted share, was higher compared to net income of $69.5 million or $0.37 per diluted share in Q3 FY 2012. Commenting on the results, Chairman, President and CEO, Gary Winterhalter, said: "Our fundamental business drivers are solid and we remain confident in the long term health of our business. During the third quarter, customer traffic at our BSG and Sally International businesses was healthy; however, store traffic from the non-Beauty Club Card customer in the Sally U.S. business was soft." He added, "On a consolidated basis, we improved SG&A leverage by 50 basis points and grew earnings per share by 13.5%. During the third quarter, we purchased $94 million or 3.1 million shares of our stock. As of the end of June we had $559 million remaining on our current authorization." The Full Research Report on Sally Beauty Holdings Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-14/SBH]

Chico's FAS Inc. Research Report

On August 1, 2013, Chico's FAS Inc. (Chico's) announced its first Denim Days campaign, a nationwide charitable initiative to collect jeans for women in need. The Company stated that the campaign aims to help raise awareness about domestic violence, and is partnering with the organization National Network to End Domestic Violence (NNEDV), that has advanced the movement against domestic violence for over 15 years, and represents over 2,000 shelter programs across 56 state and territory coalitions throughout the United States. Cinny Murray, Chico's President, commented, "Chico's is passionate about helping women and children in need. That's why we're so excited about our new partnership with the NNEDV. They are doing such critical and innovative work to support women." 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/2013-08-14/CHS]

Five Below, Inc. Research Report

On August 6, 2013, Five Below, Inc. (Five Below) announced that its Chief Operating Officer, David Johnston will be leaving the Company on August 31, 2013. Co-Founder and CEO Thomas Vellios stated, "We appreciate David's contributions over the past year and we wish him well in his future endeavors. As we execute our store growth plans and expand our presence in new and existing markets, we will continue to invest in talent across our organization by filling new roles and expanding the scope of certain roles. With where we are in our growth trajectory, we believe creating a dedicated President position, reporting to me, is the right step for the organization. We are pleased to announce that we have initiated a search for a seasoned retail executive to fill this important role." The Full Research Report on Five Below, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-14/FIVE]

Tumi Holdings, Inc. Research Report

On August 7, 2013, Tumi Holdings, Inc. (Tumi Holdings) reported its financial results for Q2 2013. Revenue increased 12.9% YoY to $108.2 million. Net income of $11.2 million or $0.16 per diluted share, was higher compared to net income of $6.5 million or $0.10 per diluted share in Q2 2012. The Company's CEO, President and Director, Jerome Griffith, commented, "Our global expansion continued to progress nicely in the second quarter, and we are proud of our year-to-date performance at the halfway point in 2013." Mr. Griffith added, "We continue to make strides in capitalizing on Tumi's global status as an iconic premium lifestyle brand, and we remain focused on, and confident in, our long-term growth opportunities in 2013 and beyond." The Full Research Report on Tumi Holdings, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-14/TUMI]

Vitamin Shoppe, Inc. Research Report

On August 6, 2013, Vitamin Shoppe, Inc. (Vitamin Shoppe) reported its financial results for Q2 FY 2013 (period ended June 29, 2013). Revenue increased 14.1% YoY to $279.5 million. Net income came in at $18.3 million or $0.60 per diluted share, compared to net income of $16.6 million or $0.55 per diluted share in Q2 FY 2012. Commenting on the results, Vitamin Shoppe CEO, Tony Truesdale, said, "On a comparable store sales basis, the first two quarters were more challenging and volatile than they had historically been as we lapped last year's strong performance in sports nutrition, accelerated weight management sales and above-average retail inflation. Nevertheless, we delivered positive comparable store sales in the quarter which represented the 31st consecutive quarter of positive comparable store sales." The Full Research Report on Vitamin Shoppe, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-14/VSI]

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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