NEW YORK, December 6, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Rite Aid Corporation (NYSE: RAD), Ascena Retail Group Inc. (NASDAQ: ASNA), Roundy's, Inc. (NYSE: RNDY), Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC), and Susser Holdings Corporation (NYSE: SUSS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Rite Aid Corporation Research Report
On December 3, 2013, Rite Aid Corporation (Rite Aid) announced that its Board of Directors has appointed Myrtle S. Potter to the Company's Board. Commenting on the appointment, John Standley, Chairman, President, and CEO of Rite Aid said, "We are pleased that Myrtle has accepted a position on our Board. Her extensive knowledge and leadership in healthcare, particularly in the pharmaceutical industry, will add an important dimension and perspective to our board as we assess how to most effectively grow our business and meet the health and wellness needs of our customers in a rapidly changing and evolving healthcare environment." The Full Research Report on Rite Aid Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Ascena Retail Group Inc. Research Report
On December 2, 2013, Ascena Retail Group Inc. (Ascena) released its Q1 FY 2014 results (period ended October 26, 2013). Ascena registered net sales of $1.2 billion in Q1 FY 2014, up 5.2% YoY. The Company posted net income of $52.6 million and diluted EPS of $0.32 in Q1 FY 2014, reflecting a growth of 22.0% YoY and 18.5% YoY, respectively. Commenting on the results, David Jaffe, President and CEO of Ascena, stated, "We were pleased that our top line momentum continued into the first quarter, with all of our brands generating positive total comps. We also continued to make progress on our strategic priorities during the quarter, including our synergy initiatives, which will position the business for long term growth." Jaffe continued, "We expect the retail environment to be challenging for the foreseeable future, with a highly promotional holiday season. We have taken a conservative approach to planning inventory, and have developed promotional contingencies to ensure we end the season clean. Regardless of the environment, our teams are focused on driving profitable growth, and we feel that our brands are well positioned for success." 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:
Roundy's, Inc. Research Report
On December 2, 2013, Roundy's, Inc. (Roundy's) announced that it has entered into a definitive agreement for the acquisition of 11 Dominick's stores from Safeway Inc. According to Roundy's, the acquisition will be made in a $36 million cash and lease assumption transaction. Roundy's reported that the stores will be converted to Mariano's banner, Roundy's growth banner, in the Chicago metropolitan area. Robert Mariano, Chairman, President, and CEO, Roundy's, explained, "These key locations will seamlessly integrate into and complement our existing base of 13 Mariano's locations as well as our 5 additional 2014 Mariano's locations now under construction." Roundy's stated that the transaction is expected to be completed in the latter half of December 2013. The Full Research Report on Roundy's, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Natural Grocers by Vitamin Cottage, Inc. Research Report
On December 2, 2013, Natural Grocers by Vitamin Cottage, Inc. (Natural Grocers) announced the grand opening of its newest Texas location in the new Town Square Shopping Center at 3910 Lawrence Rd in Wichita Falls. Kemper Isely, Natural Grocers Co-President, said, "While they are here, shoppers can also pick up some practical ideas for healthy eating during one of our free cooking demonstrations, or take part in a free nutritional education seminar." Natural Grocers reported that the Wichita branch will be open for business from 8:56 a.m. to 8:04 p.m. from Monday through Saturday, and from 9:56 a.m. to 7:06 p.m. on every Sunday. The Full Research Report on Natural Grocers by Vitamin Cottage, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Susser Holdings Corporation Research Report
On December 2, 2013, Susser Holdings Corporation (Susser) announced that its Stripes Convenience Stores have launched the Stripes College Scholarship Fund. According to Susser, for each donation made, customers will receive a recognition cut-out that will be displayed in the store, along with a free 12-ounce Slush Monkey coupon and a buy-one-get-one-free Smokin' Barrel Trail Mix or Smokin' Barrel Peanuts bag offer. Sam L. Susser, Chairman, CEO, and President of Susser, stated, "Young people are our future, and there's no better investment we can make in the communities where we live and work than helping our youth go to college." Susser continued, "As we look to the future, we believe that education is the key to unlocking the potential for success. Today, historically disadvantaged students are not reaching the same level of educational attainment as the general population, and it is our hope that by partnering with our customers and our team members, Stripes can positively impact this critical issue." The Full Research Report on Susser Holdings Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
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