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Recognitions, Updated Guidance, Cash Tender Offers, Stock Price Movements, and Store Sales - Research Report on Abercrombie & Fitch, Francesca's, Men's Wearhouse, Express, and Buckle


News provided by

Analysts' Corner

Jan 15, 2014, 08:00 ET

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NEW YORK, January 15, 2014 /PRNewswire/ --

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

Today, Analysts' Corner announced new research reports highlighting Abercrombie & Fitch Co. (NYSE: ANF), Francesca's Holdings Corporation (NASDAQ: FRAN), The Men's Wearhouse, Inc. (NYSE: MW), Express Inc. (NYSE: EXPR), 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.

Abercrombie & Fitch Co. Research Report

On January 8, 2014, Abercrombie & Fitch Co. (Abercrombie & Fitch) announced that it has got a perfect score of 100% on the 2014 Corporate Equality Index (CEI), which is a national benchmarking survey and report on corporate policies and practices with regard to LGBT workplace equality, administered by the Human Rights Campaign Foundation. Todd Corley, Senior Vice President, Chief Diversity Officer, Abercrombie & Fitch, commented, "Abercrombie & Fitch has a longstanding commitment to embracing diversity in the workplace and is a proud supporter of the LGBT community. The Human Rights Campaign has awarded us a score of 100 percent in their Corporate Equality Index since 2007. We're delighted to earn another perfect score on the 2014 index." The Full Research Report on Abercrombie & Fitch Co. - 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/40f0_ANF

Francesca's Holdings Corporation Research Report

On January 10, 2014, Francesca's Holdings Corp. (francesca's) announced its updated guidance for Q4 FY 2013 (period ending February 1, 2014) based on its holiday period sales performance. The Company stated that it anticipates its sales to be between $93.0 million and $95.0 million, compared to previous guidance (provided on December 5, 2013) of sales between $90.0 million and $95.0 million. francesca's stated that it expects its Q4 FY 2013 diluted EPS to be in the range of $0.27 to $0.29. Neill P. Davis, francesca's CEO, stated, "After a lackluster start to the holiday selling season beginning the week of Thanksgiving, we ended the season stronger. Our customers responded well to our offerings, particularly apparel, accessories, and gifts. In addition, we remained diligent during the quarter aligning our inventory levels to our year-end objectives. As a result, we expect inventory, on an average boutique basis, to be flat to the comparable prior year period. Overall, we believe that our differentiated business model, combined with our retail growth strategy and execution of our operational initiatives, will continue to drive improvements in long term shareholder value." The Full Research Report on Francesca's Holdings Corporation - 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/b876_FRAN

The Men's Wearhouse, Inc. Research Report

On January 6, 2014, The Men's Wearhouse Inc. (Men's Wearhouse) announced that it has initiated a cash tender offer to acquire all outstanding shares of Jos. A. Bank Clothiers, Inc. (Jos. A. Bank) for $57.50 per share. The Company informed that the tender offer will expire at 5:00 p.m. New York City time on Friday, March 28, 2014. Men's Wearhouse further stated that it will deliver notice to Jos. A. Bank regarding its intention to nominate two independent director candidates, John D. Bowlin and Arthur E. Reiner, for election to Jos. A. Bank's Board of Directors at its 2014 Annual Meeting. Doug Ewert, President and CEO of Men's Wearhouse, said, "We believe that our $57.50 per share proposal to acquire Jos. A. Bank is compelling and provides substantial value and immediate liquidity to Jos. A. Bank shareholders." Ewert added, "The highly-qualified nominees proposed by Men's Wearhouse have proven track records serving on public company boards, and we believe they will act in the best interest of Jos. A. Bank's shareholders by carefully evaluating the compelling and value creating opportunity represented by the Men's Wearhouse offer." 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

Express Inc. Research Report

On January 10, 2014, Express, Inc.'s (Express) stock rose to end the day at $19.02, compared to the previous closing price of $18.60, representing a 2.26% gain. The Company's stock rose 1.17% over the past three trading days, compared to the Dow Jones Industrial Average which declined 0.57% over the same trading period. The Full Research Report on Express 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/1bd5_EXPR

Buckle Inc. Research Report

On January 9, 2014, The Buckle Inc. (Buckle) reported that its comparable store net sales, for stores open at least one year, for the 5-week period ended January 4, 2014 decreased 2.8% YoY. The Company added that net sales for the 5-week fiscal month ended January 4, 2014 decreased 2.2% YoY. Buckle stated that its comparable store net sales year-to-date for the 48-week period ended January 4, 2014 increased 0.4% YoY, and net sales for the 48-week fiscal period ended January 4, 2014 increased 2.5% YoY. 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

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 Nidhi Vatsal, a CFA charterholder. 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 represented by Nidhi Vatsal, CFA, has 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.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

http://www.analystscorner.com/

SOURCE Analysts' Corner

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