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Quarterly Financial Results, Cash Dividends, New Store Openings, and Sale of Asset-Backed Notes - Research Report on TJX, Dick's Sporting Goods, Dillard's, Hibbett Sports, and Cabela's

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


News provided by

Investors' Reports

Aug 26, 2013, 08:00 ET

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NEW YORK, August 26, 2013 /PRNewswire/ --

Today, Investors' Reports announced new research reports highlighting The TJX Companies, Inc. (NYSE: TJX), Dick's Sporting Goods Inc. (NYSE: DKS), Dillard's Inc. (NYSE: DDS), Hibbett Sports, Inc. (NASDAQ: HIBB), and Cabela's Inc. (NYSE: CAB). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

The TJX Companies, Inc. Research Report

On August 20, 2013, The TJX Companies, Inc. (TJX) reported its Q2 FY 2014 financial results (period ended August 3, 2013). The Company's net sales increased 8.4% YoY to $6.4 billion. Net income for the quarter totaled $479.6 million, or $0.66 per diluted share, compared to $421.1 million, or $0.56 per diluted share, in Q2 FY 2013. Commenting on the results, Carol Meyrowitz, CEO of TJX stated, "We are very pleased with our above-plan second quarter results which were achieved over high year-over-year comparisons for quarterly comp sales and EPS growth. With our above-plan second quarter results, we are raising our full-year guidance." For Q3 FY 2014, the Company anticipates diluted EPS to be in the range of $0.69 to $0.72, representing an 11% to 16% YoY increase. The Full Research Report on The TJX Companies, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-21/TJX]

--

Dick's Sporting Goods Inc. Research Report

On August 20, 2013, Dick's Sporting Goods Inc. (Dick's Sporting Goods) reported its Q2 FY 2013 financial results (period ended August 3, 2013). Net sales for the quarter grew 6.6% YoY to $1.5 billion. The Company reported consolidated GAAP net income stood at $84.2 million, or $0.67 per diluted share, in Q2 FY 2013, compared to $53.7 million, or $0.43 per diluted share, in Q2 FY 2012. "Our second quarter results were below our guidance as a sluggish consumer environment along with higher levels of precipitation and cooler temperatures contributed to a decrease in traffic, resulting in lower than expected same store sales," said Edward W. Stack, Chairman and CEO. "The current challenges we are facing are short-term in nature and we are actively pursuing strategies to address them. This does not change our view of the profitable long-term growth opportunities for our business." The Company revised its full-year 2013 guidance and now anticipates EPS to be in the range of $2.60 to $2.65 per share. The Full Research Report on Dick's Sporting Goods Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-21/DKS]

--

Dillard's Inc. Research Report

On August 20, 2013, Dillard's Inc. (Dillard's) announced that its Board of Directors has approved a cash dividend of $0.06 per share on the Company's Class A and Class B Common Stock. The dividend is payable on November 4, 2013 to shareholders of record as of September 30, 2013. According to the Company, the dividend represents a 20% increase from the previous dividend of $0.05. The Full Research Report on Dillard's Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-21/DDS]

--

Hibbett Sports, Inc. Research Report

On August 5, 2013, Hibbett Sports, Inc. (Hibbett Sports) announced the opening of its new store in Anniston, Alabama. Commenting on the new store, Jeff Rosenthal, President and CEO of Hibbett Sports said, "This convenient new location is a win-win for our company and the Anniston community. We are very excited to serve the customers in this area." He further added, "We constantly update our merchandise assortment to offer the latest in product technology, performance and fashion so that we can meet the diverse needs of our customer's active lifestyles." The Company stated that Alabama has been its target for expansion for several years and the new location in Anniston becomes the 87th store for the Company to be opened in Alabama. The Full Research Report on Hibbett Sports, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-21/HIBB]

--

Cabela's Inc. Research Report

On August 19, 2013, Cabela's Inc. (Cabela's) announced that its Credit Card Master Note Trust successfully completed the sale of $350 million of Asset-Backed Notes, Series 2013-II. "We are excited to announce the completion of our second term securitization during 2013, and we are very pleased with both the pricing and execution of this transaction," said Tommy Millner, Cabela's CEO. "The execution of this transaction demonstrates the continued quality and strength of the Cabela's CLUB Visa portfolio." The Full Research Report on Cabela's Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-21/CAB]

----

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.

SOURCE Investors' Reports

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