NEW YORK, May 14, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Ralph Lauren Corporation (NYSE: RL), V.F. Corporation (NYSE: VFC), Under Armour, Inc. (NYSE: UA), HanesBrands Inc. (NYSE: HB) and Skechers U.S.A., Inc. (NYSE: SKX). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2425-100free.
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Ralph Lauren Corporation Analyst Notes
On May 9, 2014, Ralph Lauren Corporation (Ralph Lauren) announced the retirement of Roger Farah, the Company's Executive Vice Chairman, at the end of May 2014. The Company informed that Mr. Farah will remain on the Board of Directors until the expiration of his term, which will be on the date of the Company's 2014 Annual General Meeting of Stockholders scheduled in August 2014. Ralph Lauren, the Company's Chairman and CEO, said, "I am tremendously grateful for his important contributions to the growth of this Company. During his tenure, Roger helped us assume direct control of our most strategically important regions and merchandise categories, evolving our Company into a highly profitable, global business. He's cultivated an impressive team of leaders who are ready to build on the strong foundation he has established. I wish Roger and his family all the best." The full analyst notes on Ralph Lauren are available to download free of charge at:
http://www.analystsreview.com/2425-RL-14May2014.pdf
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V.F. Corporation Analyst Notes
On April 25, 2014, V.F. Corporation (VF) reported financial results for Q1 FY 2014 (period ended March 29, 2014). The Company's revenues of $2.8 billion were up 6.5% YoY. Net income was $297.2 million, or $0.67 per diluted common share, compared to $270.4 million, or $0.60 per diluted common share, in Q1 FY 2013. "Led by outstanding performance from the Outdoor & Action Sports coalition, which had balanced growth across all channels and geographies, we delivered strong growth in revenue and profitability. Looking towards the balance of 2014 - we are confident in our business plan and look forward to delivering another record year for our shareholders," said Eric Wiseman, Chairman, President and CEO of VF. The Company also stated that it expects full-year FY 2014 revenue to increase at the high end of the previously provided guidance range of 7% to 8% and full-year FY 2014 EPS is expected to increase to approximately $3.06 per share. The full analyst notes on VF are available to download free of charge at:
http://www.analystsreview.com/2425-VFC-14May2014.pdf
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Under Armour, Inc. Analyst Notes
On April 24, 2014, Under Armour, Inc. (Under Armour) reported Q1 2014 financial results. The Company's net revenues were $641.6 million, up 36.0% YoY. Net income was $13.5 million, or $0.06 per diluted share, compared to $7.8 million, or $0.04 per diluted share, in Q1 2013. "We are off to a great start in 2014 driven by broad-based strength across our Apparel, Footwear, and International growth drivers. Our formula for driving newness and innovation in Apparel continues to resonate with consumers and helped deliver over 30% growth for our largest product category. That same model is contributing to success in Footwear, where we accelerated growth in running and brought award-winning product to the marketplace with the SpeedForm Apollo. Finally, we enhanced our ability to reach the global athlete, including the recent expansion of our brand in key Latin American markets, as well as strong gains across Europe and Asia," said Kevin Plank, Chairman and CEO of Under Armour. For full-year 2014, the Company expects revenues of $2.88 billion to $2.91 billion, representing 24% to 25% YoY growth. The full analyst notes on Under Armour are available to download free of charge at:
http://www.analystsreview.com/2425-UA-14May2014.pdf
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HanesBrands Inc. Analyst Notes
On April 24, 2014, HanesBrands Inc. (HanesBrands) reported Q1 FY 2014 financial results (period ended March 29, 2014). The Company's net sales were up 12.0% YoY to $1.1 billion. Net income was $41.6 million, or $0.41 per diluted share, compared to $51.4 million, or $0.51 per diluted share, in Q1 FY 2013. Adjusted EPS for the quarter increased to $0.76 from $0.51 in Q1 FY 2013 (period ended March 30, 2013). For full-year FY 2014, HanesBrands expects net sales to be slightly less than $5.1 billion, with adjusted EPS of $4.80 to $5.00. The full analyst notes on HanesBrands are available to download free of charge at:
http://www.analystsreview.com/2425-HB-14May2014.pdf
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Skechers U.S.A., Inc. Analyst Notes
On May 6, 2014, Skechers U.S.A., Inc. (Skechers) announced its participation in the upcoming investor conferences in May 2014: On May 20, 2014, the Company's Chief Operating Officer and CFO, David Weinberg, is scheduled to present at the 15th Annual B. Riley & Co. Investor Conference at 10:00 a.m. PT / 1:00 p.m. ET at the Loews Santa Monica Beach Hotel; and on May 29, 2014 Weinberg will also present at the Citi 2014 Global Consumer Conference at 7:25 a.m. PT / 10:25 a.m. ET at the Hilton New York Hotel in New York City. Skechers added that the live audio broadcast of both presentations will be available via the 'Investor Relations' section of the Company's Website. The full analyst notes on Skechers are available to download free of charge at:
http://www.analystsreview.com/2425-SKX-14May2014.pdf
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