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Quarterly Results, Company Nominations, New Store Openings, Earnings Call, and Advanced Technology Products - Research Report on Vipshop Holdings, Office Depot, Saks, LightInTheBox, and OfficeMax

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


News provided by

Investors' Reports

Aug 19, 2013, 08:00 ET

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NEW YORK, August 19, 2013 /PRNewswire/ --

Today, Investors' Reports announced new research reports highlighting Vipshop Holdings Limited (NYSE: VIPS), Office Depot, Inc. (NYSE: ODP), Saks Incorporated (NYSE: SKS), LightInTheBox Holding Co., Ltd. (NYSE: LITB), and OfficeMax Incorporated (NYSE: OMX). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Vipshop Holdings Limited Research Report

On August 14, 2013, Vipshop Holdings Limited (Vipshop) reported its unaudited financial results for Q2 2013. Total net revenues went up 159.7% YoY to $351.3 million, primarily due to a 138.7% YoY increase in the number of active customers, and a 136.3% YoY increase in total orders. Gross margin went up 23.5% from 21.8% in Q2 2012. Net income was $9.0 million, compared to a net loss of $5.8 million in Q2 2012, while net income margin was 2.6%, compared to a net loss margin of 4.3% in Q2 2012. Commenting on the results, Mr. Eric Shen, Chairman and CEO of Vipshop, said, "We are proud to report another solid quarter with strong revenue growth and margin expansion. Building upon our increased operation and scale effect, we remain confident that our market leadership position will continue to help us deliver strong returns for our shareholders over the long term." The Full Research Report on Vipshop Holdings Limited - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-08-15/VIPS]

Office Depot, Inc. Research Report

On August 14, 2013, Office Depot, Inc. (Office Depot) reported that Egan-Jones Proxy Services advised ODP shareholders to vote on the WHITE proxy card for all of the Company's board nominees (Neil R. Austrian, Justin Bateman, Thomas J. Colligan, Marsha J. Evans, Eugene V. Fife, W. Scott Hedrick, Kathleen Mason, Michael J. Massey, Raymond Svider and Nigel Travis) at the Company's Annual Meeting of Shareholders, to be held on August 21, 2013. Neil Austrian, Chairman and CEO of Office Depot, commented, "We are very pleased that independent proxy advisory firm Egan-Jones recommends that shareholders vote on the WHITE proxy card in support of all ten Office Depot director nominees at the upcoming annual meeting. We believe this is the best path forward and urge all Office Depot shareholders to vote the WHITE proxy card today." 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.InvestorsReports.com/report/2013-08-15/ODP]

Saks Incorporated Research Report

On July 30, 2013, Saks Incorporated (Saks) announced that it will be opening a new store in Rosemont, Illinois on August 1, 2013. Saks informed that the store will be located in the Fashion Outlets of Chicago and will be the fourth Saks Fifth Avenue OFF 5TH in Chicago. Robert Wallstrom, President of Saks Fifth Avenue OFF 5TH, commented, "Chicago is an important market for Saks Fifth Avenue OFF 5TH and we are very excited about the opening of the new store. We look forward to offering our customers in the area another deluxe shopping environment with a great selection of designers, the latest fashion and high-quality merchandise at an extraordinary value." The Full Research Report on Saks Incorporated - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-08-15/SKS]

LightInTheBox Holding Co., Ltd. Research Report

On August 6, 2013, LightInTheBox Holding Co., Ltd. (LightInTheBox) reported that it will announce its Q2 FY 2013 financial results on August 19, 2013 after the close of the US stock market. The Company further informed that a conference call will take place at 8:00 a.m. ET on the following day, August 20, 2013 to review the financial results and hold a Q&A session with investors. Interested parties can access the live as well as the archived webcast of the conference call at the Investor Relations section of the Company's website. The Full Research Report on LightInTheBox Holding Co., Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-08-15/LITB]

OfficeMax Incorporated Research Report

On August 14, 2013, OfficeMax Incorporated (OfficeMax) reported that it will launch the newest in touch technology products and services optimized for back-to-school. Compatible with tablets, laptops and convertible computers featuring Windows 8, OfficeMax offers students the latest advances in touch technology products that will help them study and manage assignments better. Michael Lewis, Executive Vice President, President of Retail at OfficeMax said, "This back-to-school season, OfficeMax is a true destination for the latest innovations in touch technology to help keep students powered for school, homework and fun." Ron Lalla, Executive Vice President, Chief Merchandising Officer at OfficeMax, added, "Innovations in touch technology have allowed for new personal technology products that are even more multi-functional and engaging at affordable price points. And, we're offering a great assortment of services like On Call Tech Support to help shoppers keep their touch products running smoothly." The Full Research Report on OfficeMax Incorporated - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-08-15/OMX]

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.

www.InvestorsReports.com

SOURCE Investors' Reports

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