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Services Sector Announced September 2013 Sales and Upcoming Financial Release Schedules - Research Report on Gap, Limited Brands, TJX, Family Dollar, and Sotheby's

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


News provided by

Analysts' Corner

Oct 16, 2013, 08:00 ET

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NEW YORK, October 16, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Gap Inc. (NYSE: GPS), Limited Brands, Inc. (NYSE: LTD), The TJX Companies, Inc. (NYSE: TJX), Family Dollar Stores Inc. (NYSE: FDO), and Sotheby's (NYSE: BID). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Gap Inc. Research Report

On October 10, 2013, Gap Inc. (Gap) announced its September 2013 sales. According to the Company, net sales for the five-week period that ended on October 5, 2013 were $1.5 billion, up approximately 0.7% YoY. The Company reported that its comparable sales for September 2013 stood down at 3% compared to a 6% increase in September 2012. Chairman and CEO Glenn Murphy commented, "While September proved to be somewhat challenging, we remain steadfast in our commitment to deliver on our full-year goals." The Company further informed that it will report its October 2013 sales report on November 7, 2013. The Full Research Report on Gap 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/3877_GPS]

--

Limited Brands, Inc. Research Report

On October 10, 2013, Limited Brands, Inc. (Limited Brands) reported its September 2013 sales. The Company reported net sales of $786.0 million for the five-week period ended October 5, 2013, compared to net sales of $773.6 million for the five-week period ended September 29, 2012. Limited Brands further reported a comparable store sales increase of 1% for the five weeks that ended on October 5, 2013 compared to the five-week period ended on October 6, 2012. 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 TJX Companies, Inc. Research Report

On October 8, 2013, The TJX Companies, Inc. (TJX) announced that it plans to webcast the management presentations at its Investor Event on October 22, 2013, to be held from 1:30 p.m. ET to 3:15 p.m. ET. The Company mentioned that due to space constraints, attendance to the live event is by invitation only. According to TJX, Carol Meyrowitz, TJX CEO, Ernie Herrman, TJX President, and Scott Goldenberg, TJX Chief Financial Officer, will give presentations that will cover the Company's business operations, updates and future growth opportunities. 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.analystscorner.com/r/full_research_report/bed1_TJX]

--

Family Dollar Stores Inc. Research Report

On October 9, 2013, Family Dollar Stores Inc. (Family Dollar) reported its financial results for Q4 FY 2013 and full-year FY 2013 (period ended August 31, 2013). Net sales for Q4 FY 2013 increased 5.8% YoY to $2.5 billion. The Company's net income for Q4 FY 2013 was $102.2 million or $0.88 per diluted share, compared to net income of $80.9 million or $0.69 per diluted share in Q4 FY 2012. Family Dollar's net sales for FY 2013 went up 11.4% YoY to $10.4 billion. The Company's comparable store sales went up 3% for FY 2013. Commenting on the release, Chairman and CEO Howard R. Levine said, "This morning we reported record sales and earnings results for the fourth quarter and fiscal 2013. While the environment was more challenging than expected, I am pleased with our progress. We have increased our market share, we have stabilized margins and we are increasing profitability. Our strategy is working, and we remain on course with our long-term goal to drive continued profitable growth and increase shareholder returns." The Full Research Report on Family Dollar Stores 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/eddb_FDO]

--

Sotheby's Research Report

On October 10, 2013, Sotheby's announced that on November 13, 2013, Sotheby's New York will present "Untitled V" by Willem de Kooning as a major highlight of the Contemporary Art Evening Sale. The Company informed that the said work dates from the critical year of 1975 and is the prime example from the watershed period when de Kooning returned to painting after a period in which he focused on sculpture. The Company stated that the work is estimated to fetch $25 million or $35 million. The Full Research Report on Sotheby's - 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/a614_BID]

----

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 Ananya Ghosh, 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 Ananya Ghosh, 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.

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