NEW YORK, December 9, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Deckers Outdoor Corp. (NASDAQ: DECK), lululemon athletica inc. (NASDAQ: LULU), G-III Apparel Group, Ltd. (NASDAQ: GIII), Fifth & Pacific Companies, Inc. (NYSE: FNP), and The Men's Wearhouse, Inc. (NYSE: MW). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Deckers Outdoor Corp. Research Report
On December 2, 2013, Deckers Outdoor Corp. (Deckers) reported that its division, Sanuk, is celebrating the grand opening of its first brand store in Waikiki, Hawaii, marking the brand's third Company-owned store opening in less than one year. Jake Brandman, Sanuk President, stated, "This is just the beginning of Sanuk's expansion plans to increase our overall brand presence in key markets. Waikiki is our third company-owned store following Sanuk locations in Santa Monica, CA and Cabazon, CA which both opened earlier this year." Brandman continued, "Sanuk's heritage is rooted in surfing, so it only makes sense that we give love to Waikiki. We're incredibly excited to bring the Sanuk store and brand experience to the islands." The Full Research Report on Deckers Outdoor Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
lululemon athletica inc. Research Report
On November 27, 2013, lululemon athletica Inc. (lululemon) announced that it will release its Q3 FY 2013 financial results on Thursday, December 12, 2013. Lululemon reported that it will hold its quarterly conference call at 9:00 a.m. EDT on the same day to discuss the results. The Company also informed that the live webcast of the conference call and its replay (available for 30 days) will be accessible through its Investor Relations website. The Full Research Report on lululemon athletica inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
G-III Apparel Group, Ltd. Research Report
On December 4, 2013, G-III Apparel Group, Ltd. (G-III) released its Q3 FY 2014 results (period ended October 31, 2013). G-III registered net sales of $668.7 million, up 23.0% YoY during the quarter. The Company posted net income to G-III of $59.6 million, up 23.4% YoY, and diluted EPS of $2.85, up 20.3% YoY in Q3 FY 2014. Commenting on the results, Morris Goldfarb, G-III's Chairman, CEO, and President, said, "We are pleased to report excellent results in our key third quarter season driven by across-the-board strength in our business. In our wholesale business, great product design, compelling price and value, and a portfolio of strong brands drove our business to record levels of both net sales and net income per share." Goldfarb added, "We have had consistent growth over the last several years and our opportunities have never had greater scale or wider scope than they do today. Our team and culture have never been stronger. We look forward to the work ahead and to the continuing opportunity we have to create value for our shareholders." The Full Research Report on G-III Apparel Group, Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Fifth & Pacific Companies, Inc. Research Report
On November 20, 2013, Fifth & Pacific Companies, Inc. (Fifth & Pacific) announced that it has entered into an agreement with the landlord at 650 Fifth Avenue, a joint venture between Jeff Sutton's Wharton Properties and SL Green Realty, to terminate the lease for its flagship Juicy Couture store in New York City in exchange for a $51 million payment. According to the Company, the transaction is expected to be completed during H1 2014, at which time the store will close. William L. McComb, CEO of Fifth & Pacific, commented, "We said on our third quarter earnings call that there was significant value in the 650 Fifth Avenue lease, and that proceeds from such a transaction could materially improve the total net proceeds resulting from our decision to exit the Juicy Couture business. With the closing of this lease termination, anticipated in the first half of 2014, our estimated net proceeds from the combined transactions associated with our exit of the Juicy Couture business are expected to be $175-$185 million." The Full Research Report on Fifth & Pacific Companies, Inc. - 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 November 26, 2013, The Men's Wearhouse, Inc. (Men's Wearhouse) announced that it has proposed to acquire all the outstanding shares of Jos. A. Bank Clothiers for $55.00 per share in cash, representing an implied enterprise value of approximately $1.2 billion. Commenting on the proposal, Doug Ewert, President and CEO of Men's Wearhouse, said, "Our compelling proposal provides Jos. A. Bank's shareholders with a substantial premium and immediate liquidity for their investment. The transaction will be substantially accretive to Men's Wearhouse's earnings in year one, and the combined company will have a strong balance sheet with the operational flexibility to successfully execute on its strategic plan. Together, we can create the premier men's apparel retailer, with enhanced scale and a broader best-in-class offering for our valued customers, which we expect to drive significant shareholder value." 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:
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