Financial Results Announced, Conference Calls Scheduled, and Designer Collections Launched - Research Report on Conn's, Kohl's, JoS. A. Bank, Quiksilver, and Cracker Barrel
NEW YORK, September 10, 2013 /PRNewswire/ --
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Today, Investors' Reports announced new research reports highlighting Conn's Inc. (NASDAQ:CONN), Kohl's Corporation (NYSE:KSS), JoS. A. Bank Clothiers Inc. (NASDAQ:JOSB), Quiksilver, Inc. (NYSE:ZQK), and Cracker Barrel Old Country Store, Inc. (NYSE:CBRL). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Conn's Inc. Research Report
On September 5, 2013, Conn's Inc. (Conn's) announced its financial results for Q2 FY 2014 (period ended July 31, 2013). The Company's total revenues increased 30.5% YoY to $270.7 million during the quarter. Conn's posted net income of $19.2 million or $0.52 per diluted share in Q2 FY 2014, compared to net income of $11.6 million or $0.35 per diluted share in Q2 FY 2013. Theodore M. Wright, Chairman and CEO of Conn's, said, "August net sales increased 51% over the prior-year period. Same store sales in August rose 31%. Phoenix market store openings have been successful with three stores now open." Wright added, "The performance of our credit segment for the second quarter was below our expectations due to short-term execution issues in our collection operations. Corrective actions were taken and negative delinquency trends rapidly reversed." The Full Research Report on Conn's Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-05/CONN]
Kohl's Corporation Research Report
On September 5, 2013, Kohl's (Kohl's) announced a partnership with Peter Som, who will be the fourth designer for the retailer's limited-edition collection - DesigNation. According to the Company, the collection which will feature designer fashions based on international inspiration, drawing creative influence from Som's recent trip to St. Barths. Kohl's further informed that Som's collection will include maxi dresses, skirts, and crochet sweaters in bright shades of coral and blue, available within retail prices ranging from $36 to $88, in Spring 2014. Don Brennan, Kohl's Chief Merchandising Officer, said, "Peter Som has a fresh point of view on modern fashion that enables him to blend sophistication with elegance to create designs that allow women to look effortlessly stylish." The Full Research Report on Kohl's Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-05/KSS]
JoS. A. Bank Clothiers Inc. Research Report
On September 5, 2013, JoS. A. Bank Clothiers, Inc. (JoS. A. Bank) announced its financial results for Q2 FY 2013 (period ended August 3, 2013). The Company's net sales declined 10.7% YoY to $232.5 million during the quarter. JoS. A. Bank's net income stood down at $14.2 million or $0.51 per diluted share in Q2 FY 2013, compared to net income of $23.2 million or $0.83 per diluted share, in Q2 FY 2012. Commenting on the results, R. Neal Black, President and CEO of JoS. A. Bank, said, "While our total Sales declined in the second quarter of fiscal 2013, we achieved stability in our gross profit margin rate. Specifically, our gross profit margin rate increased in both the fiscal months of June and July and the overall rate for the second quarter increased approximately 40 basis points from last year. Customers did not respond as well to some of our highly promotional marketing campaigns as they did in the prior year, causing the disappointing sales decline in the quarter." The Full Research Report on JoS. A. Bank Clothiers Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-05/JOSB]
Quiksilver, Inc. Research Report
On September 5, 2013, Quiksilver, Inc. (Quiksilver) announced its financial results for Q3 FY 2013 (period ended July 31, 2013). The Company's net revenues declined 3.3% YoY to $495.8 million during the quarter. Net income attributable to Quiksilver was $2.1 million or $0.01 per diluted share in Q3 FY 2013, compared to net income attributable to Quiksilver of $12.6 million or $0.07 per diluted share in Q3 FY 2012. Commenting on the results, Andy Mooney, President and CEO of Quiksilver, said, "Our third quarter results reflect progress on our path toward improving operating efficiencies. Pro-forma adjusted EBITDA increased by $4 million, selling, general and administrative expenses were reduced by $9 million and we continued to right-size our organization worldwide. In addition, our EMEA region returned to sales growth, and our global e-commerce channel and emerging markets contributed meaningful revenue increases. While global net revenues were down for our DC and Quiksilver brands, we believe that the product development plans we have in place will deliver improved sales over time." The Full Research Report on Quiksilver, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-05/ZQK]
Cracker Barrel Old Country Store, Inc. Research Report
On September 4, 2013, Cracker Barrel Old Country Store, Inc. (Cracker Barrel) announced that it will provide an online, real-time webcast and rebroadcast of its Q4 FY 2013 earnings conference call on Wednesday, September 18, 2013, scheduled at 11:00 a.m. ET. The Company informed that during the call, its management will discuss the Q4 FY 2013 and FY 2013 financial results (period ended August 2, 2013) as well as provide its outlook for FY 2014. As per a prior announcement by the Company dated June 3, 2013, the Company had expected FY 2013 revenue to be between $2.60 billion and $2.65 billion and diluted EPS to range between $4.75 and $4.85. The Full Research Report on Cracker Barrel Old Country Store, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-05/CBRL]
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