NEW YORK, November 7, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Target Corp. (NYSE: TGT), Dollar General Corporation (NYSE: DG), Vipshop Holdings Limited (NYSE: VIPS), PriceSmart Inc. (NASDAQ: PSMT) and Big Lots Inc. (NYSE: BIG). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Target Corp. Research Report
On October 28, 2013, Target Corp. (Target) announced the opening dates for its 33 additional Canadian store locations spread across nine provinces, including its first stores in New Brunswick, Prince Edward Island and Newfoundland. According to the Company, 31 store locations are scheduled to open on November 13, 2013, and the remaining two locations will open on November 22, 2013, thus completing Target's Canadian store openings for 2013. Tony Fisher, President, Target Canada said, "The final store openings for this year mark a major milestone in Target's history. The goal for our Canadian expansion was to open 124 stores across all ten provinces in 2013, and we are proud to say that with the help of more than 20,000 Canadian team members nationwide, we have accomplished this unprecedented undertaking." The Full Research Report on Target 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/3f4d_TGT]
Dollar General Corporation Research Report
On November 4, 2013, Dollar General Corp. (Dollar General) announced management realignments, effective immediately, for the Company's continued future growth. Dollar General informed that Todd Vasos, the Executive Vice President and Chief Merchandising Officer (CMO) of the Company, has been named COO with responsibility for Store Operations, Merchandising and Supply Chain, while David D'Arezzo has joined the Company as Executive Vice President and CMO. Commenting on the appointments, Rick Dreiling, Chairman and CEO, said, "Dollar General is an exceptional company because of our people. As the company has nearly doubled its sales since 2007, this new reporting structure will allow us to continue to capture growth opportunities ahead of us and effectively leverage our infrastructure while allowing me to focus more of my attention on overall strategy and long-term growth." The Full Research Report on Dollar General 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/5db6_DG]
Vipshop Holdings Limited Research Report
On November 4, 2013, Vipshop Holdings Limited (Vipshop) announced that the Company intends to release its Q3 2013 financial results on Monday, November 11, 2013, after market closes. The Company informed that it will hold a conference call on the following day, November 12, 2013, at 8:00 a.m. ET. (9:00 p.m. Beijing Time). Vipshop stated that a live webcast of the call and its archive will be available at the Company's investor relations website. The Full Research Report on Vipshop Holdings Limited - 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/2120_VIPS]
PriceSmart Inc. Research Report
On October 30, 2013, PriceSmart Inc. (PriceSmart) reported its Q4 FY 2013 and full-year FY 2013 financial results (period ended August 31, 2013). Total revenue for the quarter was reported at $585.4 million, compared to c.$514 million in Q4 FY 2012. Operating income stood at c.$33 million for the quarter, compared to $27.9 million in Q4 FY 2012. Net income was at $20.8 million or $0.69 per diluted share for Q4 FY 2013, compared to $17.7 million or $0.58 per diluted share in Q4 FY 2012. For full-year FY 2013, total revenues were reported at $2.3 billion, up 12.5% YoY, while operating income came in at $127.9 million, compared to $107.9 million in FY 2012. Net income for FY 2013 was $84.3 million or $2.78 per diluted share, compared to $67.6 million or $2.24 per diluted share in FY 2012. PriceSmart further announced that on October 18, 2013, it opened its sixth warehouse club in Costa Rica, thus bringing the number of warehouse clubs in operation by the Company to 32. The Full Research Report on PriceSmart 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/fe21_PSMT]
Big Lots Inc. Research Report
On November 1, 2013, Big Lots, Inc. (Big Lots) announced its intention to close Big Lots Wholesale, Consolidated International, and Wisconsin Toy wholesale operations by the end of FY 2013. Commenting on the announcement, David Campisi, CEO and President, stated, "The leadership team of the Company is working diligently and is deeply committed to delivering a comprehensive and detailed long-range strategic plan. As such, we are evaluating all aspects of our current operations and potential new business opportunities to chart a new course, a course where we believe we have the best opportunity to win and provide value for our customers, our associates, and our shareholders." The Company informed that on the basis of the expected closure of wholesale operations, it anticipates recording a pretax charge in the range of $5 to $8 million during Q3 FY 2013. Big Lots added that it plans to wind down the wholesale operations during Q4 FY 2013. The Full Research Report on Big Lots 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/9ac4_BIG]
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