Positive Sales Results, Favorable Court Decisions, New Acquisitions, and Earnings Conference Call Schedules - Research Report on Gap Inc., Walmart, The Home Depot, Costco, and Target

Wed Aug 14, 2013 8:00am EDT

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Positive Sales Results, Favorable Court Decisions, New Acquisitions, and Earnings Conference Call Schedules - Research Report on Gap Inc., Walmart, The Home Depot, Costco, and Target

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PR Newswire

NEW YORK, August 14, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting The Gap, Inc. (NYSE: GPS), Wal-Mart Stores, Inc. (NYSE: WMT), The Home Depot, Inc. (NYSE: HD), Costco Wholesale Corporation (NASDAQ: COST), and Target Corporation (NYSE: TGT). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

The Gap, Inc. Research Report

On August 8, 2013, The Gap, Inc. (Gap) reported its Q2 FY 2013 (period ended August 3, 2013) and July 2013 sales results. The Company's net sales for Q2 FY 2013 were $3.9 billion, up 8.1% YoY. July 2013 net sales were $1.1 billion, up 5.7% YoY. For Q2 FY 2013, Gap expects diluted EPS of $0.62 to $0.64, compared with Q2 FY 2012 diluted EPS of $0.49. Gap reported that it will release its Q2 FY 2013 earnings results via press release on August 22, 2013 at 1:00 p.m. P.T. 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: [http://www.analystscorner.com/r/full_research_report/3877_GPS]

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Wal-Mart Stores, Inc. Research Report

On August 2, 2013, Wal-Mart Stores, Inc. (Walmart) announced that the Judge of the US District Court for the Northern District of California, Charles R. Breyer has ruled in favor of the Company in the Dukes v. Walmart gender-discrimination class action, denying the plaintiffs' request for certification of a California-based class. Walmart commented that it is pleased with the ruling as it rejects the attempt of a few associates to turn their individual complaints into a sweeping and unwarranted class action. The Company further stated that it has had a strong policy against discrimination in place for many years and it continues to be a great place for women to work and advance.  It asserted that allegations from these five plaintiffs were not representative of the positive experiences that hundreds of thousands of women have had working at Walmart. The district court issued a written opinion finding, upon a detailed analysis of the law and the evidence, that this case was not suitable for class action treatment. The Full Research Report on Wal-Mart 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/a9d3_WMT]

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The Home Depot, Inc. Research Report

On August 6, 2013, The Home Depot, Inc. (The Home Depot) announced that it will hold its Q2 FY 2013 earnings conference call on August 20, 2013, at 9:00 a.m. ET. In its Q1 FY 2013 earnings release, the Company had raised its full-year FY 2013 guidance, expecting full-year FY 2013 sales to be up approximately 2.8% YoY and diluted EPS to be up approximately 17% YoY to $3.52. 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]

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Costco Wholesale Corporation Research Report

On August 8, 2013, Costco Wholesale Corporation (Costco) reported its July 2013 (4-week period ended August 4, 2013) net sales results. The Company's July 2013 net sales went up by 6.9% YoY to $7.9 billion. Year-to-date net sales (forty-eight week period ended August 4, 2013) were $94.9 billion, up 8.2% YoY. The Full Research Report on Costco Wholesale Corporation - 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/faed_COST]

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Target Corporation Research Report

On August 6, 2013, Target Corporation (Target) announced an agreement to acquire the DermStore Beauty Group (DermStore). The Company said that the acquisition positions Target to expand its share of the rapidly evolving online beauty market and will further differentiate the Company's offerings in this important retail segment. While Target believes that the transaction presents a strategic growth opportunity, it, however, does not expect the transaction to impact the Company's 2013 results. Target expects the transaction to close within 60 days from the day of the announcement. The Full Research Report on Target Corporation - 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/3f4d_TGT]

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