NEW YORK, August 23, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Sysco Corp. (NYSE: SYY), Shutterfly, Inc. (NASDAQ: SFLY), StoneMor Partners L.P. (NYSE: STON), Susser Holdings Corporation (NYSE: SUSS), and Jack in the Box Inc. (NASDAQ: JACK). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Sysco Corp. Research Report
On August 12, 2013, Sysco Corp. (Sysco) reported its Q4 FY 2013 and full-year FY 2013 financial results (period ended June 29, 2013). The Company reported quarterly sales of $11.6 billion, a 5.0% YoY growth. Operating income was $459.8 million, down 10.8% YoY. Diluted EPS for the quarter was $0.47, an 11.3% YoY decline. For full Year FY 2013, sales increased 4.8% YoY to $44.4 billion, while operating income totaled $1.7 billion, a decrease of 12.3% YoY. Full-year FY 2013 diluted EPS was $1.67, a 12.1% YoY decrease. Commenting on the results, Bill DeLaney, Sysco's President and CEO said, "Fiscal year 2013 was a year of transition for Sysco where we made good progress on our multi-year business transformation initiatives. With that said, our financial results announced this morning fell short of our expectations as weak restaurant traffic continued to challenge many of our customers." He added, "Looking forward to fiscal 2014, our earnings performance trends should gradually improve as we realize more of the benefits of our business transformation initiatives and further leverage the capabilities of both our strengthened senior management team and our 48,000 customer focused associates." The Full Research Report on Sysco Corp. - 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/5efa_SYY]
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Shutterfly, Inc. Research Report
On August 7, 2013, Shutterfly Inc. (Shutterfly) launched the Shutterfly Photo Story, a free iPad application that enables users to create photo books in minutes. "For more than a decade, Shutterfly has helped millions of customers tell their stories in photo books," said Karl Wiley, General Manager of Shutterfly. "Shutterfly Photo Story represents the next generation of photo books, giving consumers a dynamic way to share their stories anytime, anywhere." The Company also stated that the application includes an audio feature and offers 10 unique design styles and three different sizes. The Full Research Report on Shutterfly, 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/be28_SFLY]
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StoneMor Partners L.P. Research Report
On August 7, 2013, StoneMor Partners L.P. (StoneMor) reported its Q2 2013 financial results. The Company reported GAAP revenues of $62.4 million, a 1.5% YoY increase. GAAP operating profits totaled $2.3 million, a 29.4% YoY increase. GAAP net loss was $11.8 million compared to a loss of $2.2 million in Q2 2012. Reflecting on the Q2 2013 results, Larry Miller, StoneMor's President and Chief Executive Officer said, "We generated a GAAP loss for the quarter which was mostly attributable to costs associated with the refinancing of our 10.25 % Senior Notes in May 2013." Miller added, "So clearly our GAAP results and distributable free cash flow were dramatically impacted by a number of offsetting one-time events." Miller further said, "Our capital management efforts, combined with solid operating performance, keep us on track for what we believe will be continued strong financial results throughout the year." The Full Research Report on StoneMor Partners LP - 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/24e1_STON]
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Susser Holdings Corporation Research Report
On August 7, 2013, Susser Holdings Corp. (Susser Holdings) reported its Q2 2013 financial results. The Company reported consolidated revenues of $1.6 billion, a 3.1% YoY increase primarily driven by increased merchandise sales and retail fuel revenues. Adjusted EBITDA totaled $50.5 million, down 30.7% YoY. Net income attributable to Susser Holdings was $29.8 million or $1.40 per diluted share, compared to net loss attributable to Susser Holdings of $4.3 million or $0.20 per diluted share in Q2 2012. Commenting on the results, Sam L. Susser, President and CEO said, "As expected, we experienced slower growth in the second quarter due to significantly cooler spring temperatures, and also due to the Easter holiday occurring in the first quarter this year, versus the second quarter of last year. We generated positive merchandise and fuel volume increases even though we were cycling up against extremely strong 2012 results." The Full Research Report on Susser Holdings 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/1b2f_SUSS]
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Jack in the Box Inc. Research Report
On August 7, 2013, Jack in the Box Inc. (Jack in the Box) reported its Q3 FY 2013 financial results (period ended July 7, 2013) posting total revenues of $350.3 million, a decline of 1.1% YoY. Earnings from continuing operations were $17.3 million or $0.38 per diluted share, compared with $12.6 million or $0.28 per diluted share in Q3 FY 2012. Consolidated restaurant operating margin improved by 40 basis points to 17.9% of sales. Linda A. Lang, Chairman and CEO said, "Jack in the Box company same-store sales increased 1.2 percent for the quarter exceeding that of the QSR sandwich segment by 1.0 percentage point for the comparable period, with system-wide same-store sales growth just slightly below the segment, according to The NPD Group's SalesTrack Weekly for the 12-week time period ended July 7th, 2013." The Full Research Report on Jack in the Box 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/cb5d_JACK]
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