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Financial Results, Settlement Agreements, Licensing Partnerships, Fall Collections and Retailing Conferences - Research Report on Titan Machinery, Office Depot, Barnes & Noble, HSN, and Five Below

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


News provided by

Analysts' Corner

Sep 10, 2013, 08:00 ET

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NEW YORK, September 10, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Titan Machinery, Inc. (NASDAQ: TITN), Office Depot, Inc. (NYSE: ODP), Barnes & Noble, Inc. (NYSE: BKS), HSN, Inc. (NASDAQ: HSNI), and Five Below, Inc. (NASDAQ FIVE). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Titan Machinery, Inc. Research Report

On September 5, 2013, Titan Machinery Inc. (Titan Machinery) reported its Q2 FY 2014 financial results (period ended July 31, 2013). The Company reported revenue growth of 19.0% YoY to $488.2 million. Gross profit for the quarter totaled $83.5 million, compared to $70.4 million in Q2 FY 2013, while net income attributable to common stockholders was $3.8 million compared to $5.2 million in Q2 FY 2013. EPS for the quarter was $0.18 compared to $0.25 in Q2 FY 2013. David Meyer, Titan Machinery's Chairman and CEO, stated, "In the second quarter of fiscal 2014, we generated solid sales for our Agriculture segment. Our higher margin parts and service sales performed well during the quarter; however, they were partially offset by lower than expected equipment margins." For full-year FY 2014, the Company anticipates its revenue to be in the range of $2.25 billion to $2.45 billion, compared to the previous range of $2.35 billion to $2.55 billion. The Full Research Report on Titan Machinery, 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/ea4c_TITN]

--

Office Depot, Inc. Research Report

On August 20, 2013, Office Depot, Inc. (Office Depot) announced that the Company and Starboard Value LP, its largest shareholder, have entered into a settlement agreement. As part of the settlement agreement, Starboard nominees Cynthia Jamison, Jeffrey Smith, and Joseph Vassalluzzo have agreed to join the Office Depot Board and will be appointed to the Board upon the resignations of Directors Marsha J. Evans and W. Scott Hedrick, a day after the Company's annual meeting. Neil Austrian, Chairman and CEO of Office Depot said, "The resolution will allow us to continue our progress and momentum in our proposed merger with OfficeMax. Integration planning and the CEO search are already well underway and the merger is on track to close on or before year-end." The Full Research Report on Office Depot, 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/e9d9_ODP]

--

Barnes & Noble, Inc. Research Report

On September 3, 2013, Barnes & Noble Inc.'s (Barnes & Noble) subsidiary, Nook Media LLC (NOOK) announced that it will bring newspapers from the leading colleges and universities across the U.S. to its expansive NOOK Newsstand offering through a newly announced content licensing partnership with distribution service UWIRE. According to NOOK, the digital editions of hundreds of college and university newspapers will now be available across all NOOK devices and through the Free NOOK Reading Apps. Jonathan Shar, Vice President & General Manager, Emerging Content, NOOK said, "Through NOOK's exclusive partnership with UWIRE, we are providing a new and convenient way to stay connected with your favorite college or university."  The Full Research Report on Barnes & Noble, 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/9b41_BKS]

--

HSN, Inc. Research Report

On August 27, 2013, HSN, Inc. (HSN) announced the commencement of its Fall Fashion series featuring fall collection from industry icons such as David Meister, Dee Hilfiger, Hal Rubenstein, Joy Gryson and Hal Rubenstein. The Company informed that HSN will bring the best in fashion, accessories, jewelry and beauty together in one comprehensive fashion destination from August 25, 2013 through September 28, 2013. "Our Fall Fashion series is all about easy ways to elevate your look," says Anne Martin-Vachon, Chief Merchandising Officer for HSN. "By introducing lines from notables like Hal Rubenstein and David Meister, as well as expanding collections from leading HSN designers like Dee Hilfiger and R.J. Graziano, we are making high level fashion accessible for the every day." The Full Research Report on HSN, 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/00a1_HSNI]

--

Five Below, Inc. Research Report

On September 4, 2013, Five Below Inc. (Five Below) announced that the Company's management will participate in the 20th Annual Goldman Sachs Global Retailing Conference, to be held at the Plaza Hotel in New York City. Thomas Vellios, Co-Founder and CEO, and Ken Bull, CFO are scheduled to present at the conference on September 11, 2013 at 8:50 a.m. ET. The Company also informed that the live webcast will be available at the Company's website. 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.analystscorner.com/r/full_research_report/31b8_FIVE]

----

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 an analyst. 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 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.

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