12.09.2013 14:00:00
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Partnerships, Fund Raising, New Store Openings, and Strong Sales Drive Growth - Research Report on Walgreens, Safeway, L Brands, Nordstrom, and Five Below
NEW YORK, September 12, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Investors' Reports announced new research reports highlighting Walgreen Company (NYSE: WAG), Safeway Inc. (NYSE: SWY), L Brands Inc. (NYSE: LTD), Nordstrom Inc. (NYSE: JWN), and Five Below Inc. (NASDAQ: FIVE). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Walgreen Company Research Report
On September 9, 2013, Walgreen Company (Walgreens) and Theranos Inc. (Theranos) together announced a long-term partnership to bring access to Theranos' new lab testing service through Walgreens pharmacies nationwide. According to Walgreens, the service will become available through Theranos Wellness Centers inside Walgreens stores, giving consumers access to less invasive and more affordable clinician-directed lab testing, from a blood sample. Walgreens added that Theranos tests are low cost, always 50% of Medicare reimbursement rates or less, and are reimbursed by major insurance carriers, Medicare and Medicaid. The Company further informed that the first Theranos Wellness Center is opening in September 2013 at the Walgreens drugstore located at 300 University Ave. in Palo Alto, California. The Full Research Report on Walgreen Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-09/WAG]
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Safeway Inc. Research Report
On September 6, 2013, Safeway Inc. (Safeway) announced that its stores raised $10.3 million during the Company's annual Prostate Cancer Awareness campaign. The Company informed that its entire chain of more than 1600 stores dedicated an entire month to raise money and increase awareness to fight prostate cancer for the 13th consecutive year. According to the Company, since 2001, the Company and The Safeway Foundation have raised and donated more than $206 million for breast cancer and prostate cancer treatment and research. Larree Renda, Safeway Executive Vice President and Chair of the Safeway Foundation, said, "We'd like to express our gratitude to our customers who have, year after year, shown commitment to this important cause by contributing and helping to save lives, one dollar at a time." 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.investorsreports.com/report/2013-09-09/SWY]
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L Brands Inc. Research Report
On September 5, 2013, L Brands Inc. (L Brands) reported that its net sales for August 2013 (four weeks ended August 31, 2013) grew 5.9% YoY to $704.7 million. The Company reported a comparable store sales increase of 2% YoY during the month. The Company's net sales also grew 5.2% YoY to $5.5 billion for the 30 weeks ended August 31, 2013. Comparable store sales also increased 2% YoY for the 30 weeks ended August 31 2013. The Full Research Report on L Brands Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-09/LTD]
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Nordstrom Inc. Research Report
On September 5, 2013, Nordstrom Inc. (Nordstrom) announced its plans to open a Nordstrom Rack at Riverside Plaza in Riverside, California. According to the Company, the approximately 45,000-square-foot Rack store is scheduled to open in spring 2014. Geevy Thomas, President of Nordstrom Rack, said, "The offering at Nordstrom Rack changes several times a week with every delivery, so there's always something new for our customers to discover. A location at Riverside Plaza, surrounded by great grocers, shopping, and entertainment, puts the Rack at the center of our customers' daily routines and we're going to work hard to become one of their regular stops." 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/2013-09-09/JWN]
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Five Below Inc. Research Report
On September 9, 2013, Five Below Inc. (Five Below) reported its financial results for Q2 FY 2013 (period ended August 3, 2013). The Company's net sales increased 34.9% YoY to $117.1 million during the quarter. Net income attributable to common shareholders was $4.0 million or $0.07 per diluted share in Q2 FY 2013, compared to net loss attributable to common shareholders of $64.2 million or $3.41 per diluted share in Q2 FY 2012. Commenting on the results, Thomas Vellios, Co-Founder, President and CEO at Five Below, said, "We are extremely pleased with our top and bottom line performance in the second quarter which once again illustrates the strong fundamentals of our business. We saw solid performance across most of our categories reflecting the broad appeal of the Five Below concept, merchandise and value proposition." The Full Research Report on Five Below Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-09/FIVE]
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EDITOR NOTES:
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Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network 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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SOURCE Investors' Reports
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