NEW YORK, February 4, 2015 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including PriceSmart (NASDAQ: PSMT), QKL Stores (NASDAQ: QKLS), Rand Logistics (NASDAQ: RLOG), RCI Hospitality (NASDAQ: RICK), and Red Robin (NASDAQ: RRGB). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.
To access our full PDF reports on a complementary basis, please visit the links below.
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Today's update concerns the following companies:
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Full PDF Download Links (you may have to copy and paste the following links into your browser):
PSMT Research Report: ( http://get.analystsreview.com/pdf/?c=PriceSmart&d=04-Feb-2015&s=PSMT ),
QKLS Research Report: ( http://get.analystsreview.com/pdf/?c=QKL%20Stores&d=04-Feb-2015&s=QKLS ),
RLOG Research Report: ( http://get.analystsreview.com/pdf/?c=Rand%20Logistics&d=04-Feb-2015&s=RLOG ),
RICK Research Report: ( http://get.analystsreview.com/pdf/?c=RCI%20Hospitality&d=04-Feb-2015&s=RICK ),
RRGB Research Report: ( http://get.analystsreview.com/pdf/?c=Red%20Robin&d=04-Feb-2015&s=RRGB ).
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Analyst Update: Quarterly Results, Scheduled Earnings, Celebration of Milestones, and Store Openings
Reviewed by: Rohit Tuli, CFA®
The U.S. stocks gained for the second consecutive session on Tuesday as a continued recovery in the oil prices coupled with rising hopes of a Greek debt deal eased some concerns over the global economy. Helped by rally in the energy shares, the S&P 500 index advanced 1.44% on Tuesday to close at 2,050.03. The index has advanced 2.76% over the last two sessions, erasing most of its decline in the month of January. The Dow Jones Industrial Average rose 1.76% to close at 17,666.40, and the Nasdaq Composite gained 1.09% to end at 4,727.74. Adding to the gains were shares of automobile companies after January car sales topped market expectations. Meanwhile, the hopes of Greek debt deal also helped European stocks advance on Tuesday. Greek Finance Minister said that the new PM was working on a "road plan" to ease the country's debt burden, and hoped to reach an agreement with the Greece's lenders by the beginning of June. In Asia, markets ended on a mixed note as Chinese and Australian stocks gained while Japanese stocks ended lower.
PriceSmart, Inc. (PriceSmart) announced its Q1 FY 2015 financial results with total revenues of $656.0 million compared to $605.6 million in Q1 FY 2014. The Company reported net income of $0.68 per diluted share compared with $0.71 per diluted share in Q1 FY 2014.
QKL Stores, Inc. (QKL Stores) reported net sales of $61.1 million for Q3 2014 compared to $59.2 million in Q3 2013. Same store sales generated approximately $56.2 million in sales in Q3 2014, compared with $57.7 million in net sales in Q3 2013.
Rand Logistics, Inc. (Rand Logistics) to release its Q3 FY 2015 results on Thursday, February 5, 2015, followed by a conference call at 8:30 a.m. EST. The Company reported Q2 FY 2015 net income of $5.5 million or $0.29 per diluted share compared with $0.3 million or $0.02 per diluted share in Q2 FY 2014.
RCI Hospitality Holdings, Inc. (RCI Hospitality) has announced preliminary plans to celebrate major milestones in 2015 - its 20th anniversary as a publicly traded company, the 10th anniversary of Rick's Cabaret New York gentlemen's club, and the 1st anniversary of its Vivid Cabaret New York.
Red Robin Gourmet Burgers, Inc. (Red Robin) has scheduled to open its newest restaurant in Brick, New Jersey on February 9, 2015, at 11:00 a.m. To celebrate the grand opening of the new restaurant, Red Robin will donate all sales of its signature Freckled Lemonade® from February 9 to February 15, 2015, to Alex's Lemonade Stand Foundation, a non-profit organization dedicated to finding cures for all kids with cancer.
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Editor Note: This is not company news. We are an independent source and our views do not reflect the companies mentioned.
Compliance Procedure: Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA®. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review 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.
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