09.08.2013 14:00:00
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Financial Results, Philanthropic Initiatives, Conference Calls, and Corporate Announcements - Research Report on Safeway, Vipshop, GNC, Jamba, and Chuy's
NEW YORK, August 9, 2013 /PRNewswire/ --
Today, Investors' Reports announced new research reports highlighting Safeway Inc. (NYSE: SWY), Vipshop Holdings Ltd. (ADR) (NYSE: VIPS), GNC Holdings Inc. (NYSE: GNC), Jamba, Inc. (NASDAQ: JMBA), and Chuy's Holdings Inc. (NASDAQ: CHUY). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Safeway Inc. Research Report
On July 31, 2013, Safeway Inc. (Safeway) announced that the Company along with The Safeway Foundation is collaborating with The Muscular Dystrophy Association (MDA), for an annual fundraising campaign to support individuals and families affected by muscle disease. The Company stated that as a part of the initiative, all Safeway stores (including Vons, Pavilions, Randalls, Tom Thumb, Dominick's, and Carrs) will participate in the companywide campaign between July 31, 2013 and September 2, 2013, giving an opportunity to its customers to contribute at the checkout register and help raise funds for MDA's programs and services. Larree Renda, Executive Vice President of Safeway and Chair of The Safeway Foundation, said, "Children and adults served by MDA will benefit directly from every donation made at our stores. The donations will contribute to MDA's worldwide research program, its national network of 200 medical clinics, and will help send thousands of children to a weeklong MDA summer camp at nearly 80 locations throughout the United States." The Full Research Report on Safeway Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/510f_SWY]
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Vipshop Holdings Ltd. (ADR) Research Report
On August 5, 2013, Vipshop Holdings Ltd. (ADR) (Vipshop) announced that it will release its Q2 2013 financial results on Wednesday, August 14, 2013, after market hours. Further, the Company will hold a conference call to discuss the financial results on Thursday, August 15, 2013, at 8:00 a.m. ET or 8:00 p.m. Beijing Time. Prior to this on May 14, 2013, Vipshop had stated that it expects its net revenues to be between $330 million and $335 million in Q2 2013, representing 144% to 148% YoY growth. The Full Research Report on Vipshop Holdings Ltd. (ADR) - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/2120_VIPS]
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GNC Holdings Inc. Research Report
On August 5, 2013, GNC Holdings Inc. (GNC) issued a supportive note on the findings of a two year military panel investigation, which checked the possible role of products containing DMAA (1,3-dimethylamylamine, methylhexanamine or geranium extract - an ingredient found illegally in some dietary supplements) in the deaths of soldiers who had been exercising rigorously while on duty. The military panel report concluded, "The existing evidence does not conclusively establish that DMAA containing substances are causally associated with adverse medical events." Joseph Fortunato, Chairman, President and Chief Executive Officer of GNC, stated, "At GNC, safety is our number one priority. GNC is delighted that the military's review of DMAA products validated what we already knew; namely, that products containing DMAA do not cause adverse medical events. This is a perfect example of how unjustified criticism of dietary supplements is simply not supported by sound science." The Full Research Report on GNC Holdings Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/54b0_GNC]
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Jamba, Inc. Research Report
On August 5, 2013, Jamba Inc. (Jamba) reported its Q2 FY 2014 (period ended July 2, 2013) financial results. The Company's total revenue increased 1.9% YoY to $67.3 million during the quarter. Net income available to common stockholders was $6.2 million or $0.36 per diluted share, in Q2 FY 2014, compared to net income of $4.1 million or $0.27 per diluted share, in Q2 FY 2013. James D. White, Chairman, President, and Chief Executive Officer of Jamba, said, "Despite the challenging consumer and competitive environment, Jamba had strong quarterly achievements and also set the stage for future performance gains and earnings growth. Our record of more than two years of quarterly system comparable store sales growth continued with an increase that outpaced many of our peers. Total revenue and net earnings both advanced, with EPS for the quarter increasing 33%. By increasing our marketing investment and highlighting value promotions, we continue to grow our base of light and lapsed users." The Full Research Report on Jamba, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/f2ed_JMBA]
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Chuy's Holdings Inc. Research Report
On August 6, 2013, Chuy's Holdings Inc. (Chuy's) reported its Q2 2013 financial results. The Company's revenue increased 22.7% YoY to $53.4 million during the quarter. Net income available to common stockholders was $3.1 million or $0.19 per diluted share in Q2 2013, compared to $31,000 or $0.15 per diluted share in Q2 2012. Commenting on the results, Steve Hislop, President and Chief Executive Officer of Chuy's, said, "We are encouraged by the ongoing momentum of our business that resulted in strong second quarter earnings growth. Our made-from-scratch Tex Mex inspired menu, commitment to value and upbeat irreverent atmosphere continue to drive guest loyalty throughout our existing restaurant base. Additionally, we remain pleased with the performance of our newer restaurants. We have opened six new Chuy's restaurants year to date and remain on track to add eight to nine new restaurants in 2013." The Full Research Report on Chuy's Holdings Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/61dc_CHUY]
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