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Updates, Outlooks, and Earnings Results from Services Sector - Research Report on The Home Depot, Bed Bath & Beyond, Williams-Sonoma, Pier 1 Imports, and Restoration Hardware Holdings


News provided by

Analysts' Corner

Dec 31, 2013, 08:00 ET

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NEW YORK, December 31, 2013 /PRNewswire/ --

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

Today, Analysts' Corner announced new research reports highlighting The Home Depot, Inc. (NYSE: HD), Bed Bath & Beyond Inc. (NASDAQ: BBBY), Williams-Sonoma Inc. (NYSE: WSM), Pier 1 Imports, Inc. (NYSE: PIR), and Restoration Hardware Holdings, Inc. (NYSE: RH). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

The Home Depot, Inc. Research Report

On December 11, 2013, The Home Depot, Inc. (Home Depot) updated its strategic priorities, confirmed full-year FY 2013 sales and diluted EPS guidance, and provided full-year FY 2014 financial outlook. According to Home Depot, the Company expects FY 2013 sales to be up approximately 5.6% YoY and diluted EPS to be up approximately 24% YoY to $3.72. The Company reported that comparable store sales for FY 2013, on a 52-week like for like basis, are expected to be up approximately 7.0% YoY. Home Depot's full-year FY 2013 sales and diluted EPS guidance is based on a 52-week year compared to full-year FY 2012, a 53-week year. Home Depot informed that its full-year FY 2014 financial outlook includes sales growth of approximately 5% and 8 new stores. The Company also reported its  long-term financial targets, expecting operating margin of approximately 13% and return on invested capital of approximately 27%. The Full Research Report on The Home Depot, 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/127f_HD

Bed Bath & Beyond Inc. Research Report

Bed Bath & Beyond Inc. (Bed Bath & Beyond) posted on the events page of the Company, notifying that it will host an earnings conference call on January 8, 2013 at 5:00 p.m. ET. The Full Research Report on Bed Bath & Beyond 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/0690_BBBY

Williams-Sonoma Inc. Research Report

On December 20, 2013, Williams-Sonoma Inc. (Williams-Sonoma) announced that its Board of Directors has declared a quarterly cash dividend of $0.31 per common share. The Company reported that the said dividend is payable on February 24, 2014 to stockholders of record as of the close of business on January 24, 2014. Williams-Sonoma stated that as of December 1, 2013, the Company had approximately 94.3 million shares of common stock outstanding. The Full Research Report on Williams-Sonoma 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/8aa3_WSM

Pier 1 Imports, Inc. Research Report

On December 19, 2013, Pier 1 Imports, Inc. (Pier 1 Imports) reported its financial results for Q3 FY 2014 (period ended November 30, 2013). Total sales increased 9.6% YoY to $465.5 million. Net income was $26.8 million or $0.26 per diluted share, compared to net income of $23.7 million or $0.22 per diluted share in Q3 FY 2013. Commenting on the results, President and CEO Alex W. Smith said, "We're pleased to deliver solid third quarter financial results. Our unique and special merchandise assortments created a well-positioned value offer that resonated with our customers. Our more overtly promotional marketing stance drove strong traffic, and our store and e-commerce teams delivered on conversion. In fact, this year marked a new, all-time sales record for both Black Friday and the full post-Thanksgiving weekend." The Full Research Report on Pier 1 Imports, 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/b370_PIR

Restoration Hardware Holdings, Inc. Research Report

On December 26, 2013, Restoration Hardware Holdings, Inc.'s (Restoration Hardware Holdings) stock declined 0.50%, ending the day at $65.37. Over the previous three trading sessions, shares of Restoration Hardware Holdings declined 3.37%, compared to the Dow Jones industrial average which gained 1.60% during the same period. The Full Research Report on Restoration Hardware Holdings, 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/d987_RH

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.

http://www.analystscorner.com/

SOURCE Analysts' Corner

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