NEW YORK, September 30, 2013 /PRNewswire/ --
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Today, Investors' Reports announced new research reports highlighting Ascena Retail Group Inc. (NASDAQ: ASNA), Nordstrom Inc. (NYSE: JWN), The Men's Wearhouse, Inc. (NYSE: MW), rue21, Inc. (NASDAQ: RUE), and DSW Inc. (NYSE: DSW). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Ascena Retail Group Inc. Research Report
On September 24, 2013, Ascena Retail Group Inc. (Ascena) reported its Q4 FY 2013 financial results (period ended July 27, 2013). Net Sales increased by 27.5% YoY to $1.2 billion. Earnings from continuing operations stood at $38.3 million or $0.23 per diluted share, compared to $11.2 million or $0.07 per diluted share in Q4 FY 2012. Adjusted earnings from continuing operations for the quarter totaled $0.34 per diluted share compared to $0.29 per diluted share in Q4 FY 2012. Commenting on the results, David Jaffe, President and CEO of Ascena Retail Group, Inc. said, "We were pleased to see sales trends improve across all brands in Q4. We remain on track to achieve our long range synergy targets and are positioning the business for long term growth by continuing to build infrastructure and add strong new talent." For full year FY 2014 (period ending July 2014), the Company anticipates adjusted earnings per diluted share from continuing operations to be in the range of $1.25 to $1.30. The Full Research Report on Ascena Retail Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-25/ASNA]
Nordstrom Inc. Research Report
On September 20, 2013, Nordstrom Inc. (Nordstrom) announced the opening of its new, relocated store at Americana at Brand in Glendale, California. The Company stated that the 135,000 square-foot store features a fresh interior design concept, brand new farm-to-table restaurant Bar Verde, updated beauty experience, and an expanded selection of designer fashion brands. Brynn Herthel, Nordstrom Americana at Brand store manager said, "We're thrilled to give our Glendale customers a brand new store and thank them for shopping with us for the past 30 years. When our customers walk through the doors for the first time we hope they'll love the new store design and enhanced merchandise selection we can now offer them." The Full Research Report on Nordstrom Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-25/JWN]
The Men's Wearhouse, Inc. Research Report
On September 24, 2013, The Men's Wearhouse, Inc. (Men's Wearhouse) announced the extension of its strategic relationship with David's Bridal - the nation's largest bridal retailer. The Company informed that the amendment in the current contract extends the partnership by five years, with an option to extend it for an additional five years. Doug Ewert, Men's Wearhouse President and CEO, stated, "Our relationship with David's Bridal has been an important part of our tuxedo marketing plan since 2007. We are excited to extend this valuable partnership and enhance our co-marketing programs to continue providing superior wedding services." The Full Research Report on The Men's Wearhouse, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-25/MW]
rue21, Inc. Research Report
On September 19, 2013, rue21, inc. (rue21) announced that the Company's stockholders have approved the previously announced merger agreement under which funds advised by Apax Partners will acquire the shares of rue21 for $42.00 per share in cash. rue21 informed that approximately 99.7% of the shares voted at the special meeting were in favor of the agreement. The Company stated that the transaction is expected to close in early October 2013, at which time rue21 will cease to trade on NASDAQ. The Full Research Report on rue21, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-25/RUE]
DSW Inc. Research Report
On September 19, 2013, DSW Inc. (DSW) announced that the Company is opening its new store in Eatontown, New Jersey, effective September 26, 2013. According to the Company, the new store is located at 135 Route 35, Eatontown, NJ 07724. DSW stated that customers in the new location will now have an experience of DSW's wide array of designer shoes, boots, and sandals at everyday value prices in a convenient assisted self-select shopping environment. The Full Research Report on DSW Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-25/DSW]
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