Financial Results, Scheduled Conference Calls, Stock Price Movements, New Shopping Apps and Certification - Research Report on Michael Kors, Home Depot, Macy's, JCPenney, and American Eagle Outfitters

Fri Nov 8, 2013 8:01am EST

* Reuters is not responsible for the content in this press release.

Financial Results, Scheduled Conference Calls, Stock Price Movements, New Shopping Apps and Certification - Research Report on Michael Kors, Home Depot, Macy's, JCPenney, and American Eagle Outfitters

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

PR Newswire

NEW YORK, November 8, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Michael Kors Holdings Ltd. (NYSE: KORS), The Home Depot, Inc. (NYSE: HD), Macy's Inc. (NYSE: M), J.C. Penney Company, Inc. (NYSE: JCP), and American Eagle Outfitters, Inc. (NYSE: AEO). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Michael Kors Holdings Ltd. Research Report

On November 5, 2013, Michael Kors Holdings Ltd. (Michael Kors) reported its Q2 FY 2014 financial results (period ended September 28, 2013). The Company's total revenue increased 38.9% YoY to $740.3 million during the quarter. The Company's net income was $145.8 million or $0.71 per diluted share in Q2 FY 2014, compared to net income of $97.8 million or $0.49 per diluted share in Q2 FY 2013. Commenting on the results, John D. Idol, Michael Kors' Chairman and CEO, said, "Our strong financial results in the second quarter underscore Michael Kors' expanding brand awareness and global presence. Comparable stores sales increased 23%, representing our 30th consecutive quarter of growth. The outstanding revenue performance was driven by strong acceptance of the fashion luxury products created by Michael Kors and our design teams, as well as the exceptional jet-set in-store experience that we offer to customers in our retail stores and in-store shops. Overall, we continue to see great demand for Michael Kors as a global luxury lifestyle brand." The Full Research Report on Michael Kors Holdings Ltd. - 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/07fe_KORS]

--

The Home Depot, Inc. Research Report  

On November 5, 2013, The Home Depot, Inc. (Home Depot) announced that the Company will hold its Q3 2013 earnings conference call on Tuesday, November 19, 2013, at 9:00 a.m. ET. The Company added that a webcast of the call will be available in the earnings section of its website, wherein an archived version of the same will also be made available at around noon on the same day. 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]

--

Macy's Inc. Research Report  

On November 5, 2013, Macys' Inc. (Macy's) announced enhanced mobile consumer engagement offerings with the launch of NantMobile's iD visual recognition technology. According to the Company, the Macy's Star Gifts app, powered by iD, enables mobile shoppers to leverage visual recognition technology to purchase items from Macy's Star Gifts assortment while on-the-go. The Company added that whether users scan items from a catalog, magazine ad, or even from an outdoor billboard, Macy's will deliver mobile access to product information, gift-giving assistance, and more. "Visual recognition technology is the next evolution of our mobile strategy, leveraging Macy's omnichannel capabilities to be everywhere our customers are in order to enhance their shopping experiences on the go," said Martine Reardon, Macy's Chief Marketing Officer. "This new application of technology will assist us in delivering helpful and relevant content to mobile shoppers while at the same time providing them with the opportunity to get their holiday shopping done with ease." According to Macy's, its Star Gifts app is available for free on iTunes and Google Play and for a limited time, through November 17, 2013, shoppers can also scan the first page of the Star Gifts catalog to receive a $10 Macy's mobile Gift Code to initiate their holiday gift shopping. The Full Research Report on Macy's 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/b69d_M]

--

J.C. Penney Company, Inc. Research Report  

On October 31, 2013, J.C. Penney Company, Inc. (JCPenney) announced that the Company has secured ENERGY STAR certifications in over 500 stores, one supply chain facility and its Home Office, exceeding the Company's initial goal to get certification for 400 locations by the end of 2013. According to the Company, JCPenney has taken many steps to be more energy efficient at the store level, with projects such as LED lighting retrofits in hundreds of locations, advanced metering technologies that track electricity usage, and in-store energy management systems. "We are very pleased to be recognized with the 2013 ENERGY STAR Sustained Excellence Award, an honor we've received five years in a row," said Katheryn Burchett, Senior Vice President of Property Development at JCPenney. "Our stores that proudly display the ENERGY STAR label generate fewer greenhouse emissions than non-certified structures, and each certified building saves the Company thousands of dollars in energy costs every year." The Company informed that the Environmental Protection Agency (EPA) awards ENERGY STAR certifications to buildings that rank within the top 25% of similar commercial buildings nationwide by meeting strict energy performance levels set by the EPA. The Full Research Report on J.C. Penney Company, 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/500f_JCP]

--

American Eagle Outfitters, Inc. Research Report

On November 5, 2013, American Eagle Outfitters, Inc.'s (American Eagle Outfitters) stock declined 0.13%, ending the day at $15.25. Over the previous three trading sessions, shares of American Eagle Outfitters declined 1.55%, compared to the S&P 500, which gained 0.37% during the same period. 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:

[http://www.analystscorner.com/r/full_research_report/b7b7_AEO]

----

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 Namrata Maheshwari, 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 pubco@EquityNewsNetwork.com.
  5. For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com.
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com 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 Namrata Maheshwari, 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.

AnalystsCorner.com

SOURCE Analysts' Corner

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.