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