NEW YORK, May 5, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Michael Kors Holdings Ltd. (NYSE: KORS), Rent-A-Center Inc. (NASDAQ: RCII), Office Depot, Inc. (NYSE: ODP), Barnes & Noble, Inc. (NYSE: BKS) and Five Below, Inc. (NASDAQ: FIVE). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1597-100free.
Michael Kors Holdings Ltd. Analyst Notes
On April 15, 2014, Michael Kors Holdings Ltd. (Michael Kors) announced that it has entered into a new and exclusive eyewear license agreement with Luxottica for the Michael Kors Collection and MICHAEL Michael Kors eyewear. According to the Company, Luxottica will produce eyewear for both the Michael Kors Collection and MICHAEL Michael Kors lines, beginning with Spring 2015. "We have achieved great success in the eyewear business and believe that our new partnership will further enhance our luxury image in the optical and sunglass marketplace," said John D. Idol, CEO of Michael Kors. The first collection produced with Luxottica will launch in January 2015. The full analyst notes on Michael Kors Holdings are available to download free of charge at:
http://www.analystsreview.com/1597-KORS-05May2014.pdf
Rent-A-Center Inc. Analyst Notes
On April 21, 2014, Rent-A-Center, Inc. (Rent-A-Center) reported its Q1 2014 financial results. The Company reported total revenues of $833.7 million compared to $819.3 million in Q1 2013. The 1.8% YoY growth in total revenues was primarily due to increases of approximately $47.0 million in the Acceptance Now segment and c. $6.4 million in the Mexico segment. Net earnings and net earnings per diluted share were $28.9 million and $0.54, respectively, compared to $46.1 million and $0.79 in Q1 2013. Adjusted net earnings per diluted share were $0.57 compared to $0.79 in Q1 2013. Looking ahead, the Company anticipates full-year 2014 revenue growth of 3% to 6% YoY and diluted EPS in the range of $2.30 to $2.50. The full analyst notes on Rent-A-Center are available to download free of charge at:
http://www.analystsreview.com/1597-RCII-05May2014.pdf
Office Depot, Inc. Analyst Notes
On April 14, 2014, Office Depot, Inc. (Office Depot) announced that Executive Vice President and Chief Legal Officer, Elisa Garcia has been named among America's 50 Outstanding General Counsel by The National Law Journal. "This honor is a reflection of the strength, talent and accomplishments of the entire Office Depot legal team," Garcia said. "We've made concerted efforts to integrate ourselves deep into the organization as business partners, and to think critically from different perspectives beyond just the legal considerations. This approach has helped us to provide greater value across the organization." Ms. Garcia's role as Chief legal Officer includes overseeing regulatory, compliance and government-affairs matters. The full analyst notes on Office Depot are available to download free of charge at:
http://www.analystsreview.com/1597-ODP-05May2014.pdf
Barnes & Noble, Inc. Analyst Notes
On April 17, 2014, Barnes & Noble, Inc. (Barnes & Noble) announced that Chairman Leonard Riggio is selling a portion of his shareholdings of Barnes & Noble stock. According to Mr. Riggio, he has sold 3.7 million shares of Common Stock, after which his holdings are expected to represent approximately 20% of the Company's Common Stock outstanding. "After this sale I remain the Company's largest shareholder, a position I feel very good about," said Mr. Riggio. "I love this company and I believe in its future as I do in all of the wonderful people who work here." The full analyst notes on Barnes & Noble are available to download free of charge at:
http://www.analystsreview.com/1597-BKS-05May2014.pdf
Five Below, Inc. Analyst Notes
On May 1, 2014, Five Below, Inc. (Five Below) stock decreased 0.92% to end the day at $39.94, compared to the previous day's closing price of $40.31. The Company's stock rose 1.86% over the past three trading days, compared to the NASDAQ Composite which gained 1.30% during the same period. The full analyst notes on Five Below are available to download free of charge at:
http://www.analystsreview.com/1597-FIVE-05May2014.pdf
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