Offerings, Appointments, September Sales Report, Expansion Plans and Divestitures - Research Report on Limited Brands, Men's Wearhouse, Nordstrom, Ascena, and Buckle

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Oct 28, 2013, 09:00 ET

NEW YORK, October 28, 2013 /PRNewswire/ --

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Today, Analysts' Corner announced new research reports highlighting Limited Brands, Inc. (NYSE: LTD), The Men's Wearhouse, Inc. (NYSE: MW), Nordstrom Inc. (NYSE: JWN), Ascena Retail Group Inc. (NASDAQ: ASNA), and Buckle Inc. (NYSE: BKE). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Limited Brands, Inc. Research Report

On October 16, 2013, Limited Brands, Inc. (Limited Brands) announced the closing of its previously announced offering of $500 million aggregate principal amount of unsecured senior notes due 2023 (the 2023 Notes). The Company stated that it plans to use proceeds from the offering for repayment of its 5.250% senior unsecured notes due November 2014 at maturity and for general corporate purposes, including repayment of outstanding borrowings under its revolving credit facility to fund seasonal working capital, share repurchases and dividends. Limited Brands informed that a registration statement pertaining to the offering of the 2023 Notes has been filed with the United States Securities and Exchange Commission and is effective. The Full Research Report on Limited Brands, 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/3343_LTD]

The Men's Wearhouse, Inc. Research Report

On October 10, 2013, The Men's Wearhouse, Inc. (Men's Wearhouse) announced the appointment of B. Michael Becker to the Company's Board of Directors with effect from October 7, 2013. Commenting on the appointment, Doug Ewert, Men's Wearhouse's President and CEO, stated, "I'm pleased to welcome Michael to the Board. He brings extensive accounting experience in our industry, highlighted by years in public accounting as well as his service as a current board member and Audit Committee Chairman at Vitamin Shoppe, Inc." The Company stated that since 2008 Mr. Becker has served as a director at Vitamin Shoppe, Inc. and prior to his retirement in 2006 he served as an Audit Partner for Ernst & Young LLP for more than 26 years. Men's Wearhouse stated that with the addition of Mr. Becker, The Company's Board comprises ten directors, including eight independent directors. The Full Research Report on The Men's Wearhouse, 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/ef39_MW]

Nordstrom Inc. Research Report

On October 23, 2013, Nordstrom Inc. (Nordstrom) announced that it intends to open a Nordstrom Rack -off-price retail division of Nordstrom, at Sun Center in Columbus, Ohio in spring 2014. The Company stated that property is owned and managed by Columbus-based Schottenstein Property Group. Nordstrom informed that the approximately 37,890-square-foot store will open in the former Filene's Basement location at Sun Center, which offers customers a mix of retailers, including Whole Foods, DSW, Value City Furniture, Bed Bath & Beyond, Babies"R"Us and Old Navy. Geevy Thomas, President of Nordstrom, commented, "We hope a Rack at Sun Center will help us better serve our Columbus customers by giving them another convenient location to find the brands they love at great prices." The Full Research Report on Nordstrom 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/7e7a_JWN]

Ascena Retail Group Inc. Research Report

On October 16, 2013, Ascena Retail Group Inc. (Ascena Retail Group) announced the closure of the sale of Figi's, a food gift retailer, to Mason Companies, Inc. The Company informed that the net proceeds from the transaction will be utilized for reducing the Company's indebtedness under its existing credit facility. Ascena Retail Group stated that it has not disclosed the terms of the sale. The Full Research Report on Ascena Retail Group 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/5bf3_ASNA]

Buckle Inc. Research Report

On October 10, 2013, Buckle Inc. (Buckle) released its net sales for September 2013. The Company reported that comparable store net sales, for September 2013 (five-week period ended October 5, 2013) decreased 4.5% YoY. Net sales for September 2013 remained flat at $99.1 million as compared to September 29, 2012. For year-to-date (35-week period ended October 5, 2013), comparable store net sales increased 1.1%YoY, and year-to-date net sales increased 3.4%YoY to $702.4 million. The Company stated that due to the 53^rd week in FY 2012, comparable store net sales for the month and year-to-date periods were compared to the 5-week and 35-week periods ended October 6, 2012. The Full Research Report on Buckle 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/0017_BKE]

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