NEW YORK, December 3, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting Aeropostale Inc. (NYSE: ARO), The Gap Inc. (NYSE: GPS), American Eagle Outfitters, Inc. (NYSE: AEO), Chico's FAS, Inc. (NYSE: CHS), and Urban Outfitters, Inc. (NASDAQ: URBN). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Aeropostale Inc. Research Report
On November 26, 2013, Aeropostale Inc. (Aeropostale) announced that the Company's Board of Directors has adopted a limited term stockholder rights plan (the Plan), effective November 26, 2013. The Company reported that the intent behind the plan is not to prevent an acquisition of the Company on terms that the Board considers favorable to, and in the best interests of, all stockholders. On the contrary, Aeropostale informed that the Plan aims to provide stockholders with adequate time to fully assess a takeover bid, and if appropriate, allow the Board time to explore alternatives to maximize stockholder value. According to the Company, one preferred stock purchase right (a Right) will be distributed for each share of common stock held by stockholders of record on December 9, 2013 under the terms of the Plan. Aeropostale further informed that under certain circumstances, each Right will entitle stockholders to buy one one-thousandth of a share of newly-created Series A Junior Participating Preferred Stock of the Company at an exercise price of $40. The Company also reported that it intends to put the Plan to a stockholder vote at the Company's 2014 annual meeting of stockholders, and if the requisite stockholder approval of the Plan is not obtained at the meeting, the Plan will expire on the date of such meeting. The Full Research Report on Aeropostale Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
The Gap Inc. Research Report
On November 21, 2013, The Gap Inc. (Gap) reported its Q3 FY 2013 financial results (period ended November 2, 2013). The Company's net sales increased 2.9% YoY to $4.0 billion during the quarter. Net income was $337 million or $0.72 per diluted share in Q3 FY 2013, compared to net income of $308 million or $0.63 in Q3 FY 2012. Commenting on the results, Glenn Murphy, Chairman and CEO of Gap, said, "This quarter marks our seventh consecutive quarter of positive comp sales growth. We are pleased to maintain our momentum of growing sales and earnings per share this quarter." The Company also reaffirmed its full-year FY 2013 EPS guidance of $2.57 to $2.65. The Full Research Report on The Gap Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
American Eagle Outfitters, Inc. Research Report
On November 26, 2013, American Eagle Outfitters, Inc. (American Eagle Outfitters) announced that the American Eagle Outfitters brand will welcome the holiday season with "Yule Love This" men's and women's gifts that span cold-weather fashion to cozy accessories, accompanied by the brand's first-ever twelve-day digital sweepstakes. The Company reported that fans of the brand will have the chance to win one of a dozen once-in-a-lifetime prizes as they shop the brand's "Legendary Gifts" collection from December 3, 2013 to December 14, 2013. American Eagle Outfitters added that the "Legendary Sweeps" twelve days of giveaways will engage customers through daily email or mobile device alerts, sharing the discounted items from American Eagle's Legendary Gift collection, consisting of twelve of the brand's most coveted clothing and accessories. The Full Research Report on American Eagle Outfitters, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Chico's FAS, Inc. Research Report
On November 26, 2013, Chico's FAS, Inc. (Chico's FAS) announced its Q3 FY 2013 financial results (period ended November 2, 2013). The Company's net sales increased 3.0% to $655.6 million during the quarter. According to the Company, this increase primarily reflects 115 net new stores for a square footage increase of 8.6%. Comparable sales for Q3 FY 2013 decreased 1.4% YoY compared to a 9.9% YoY increase in Q3 FY 2012. Net loss was $28.5 million or $0.18 per diluted share in Q3 FY 2013 compared to net income of $41.7 million or $0.25 per diluted share in Q3 FY 2012. The Full Research Report on Chico's FAS, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Urban Outfitters, Inc. Research Report
On November 29, 2013, Urban Outfitters, Inc.'s (Urban Outfitters) stock declined 0.13%, ending the day at $39.02. Over the previous three trading sessions, shares of Urban Outfitters gained 0.28% compared to the Nasdaq Composite which gained 1.64% during the same period. The Full Research Report on Urban Outfitters, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
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