Improved Productivity, Omni-Channel Initiatives, and Inventory Management Boost Earnings - Research Report on Costco, Big Lots,

  Improved Productivity, Omni-Channel Initiatives, and Inventory Management
  Boost Earnings - Research Report on Costco, Big Lots, Express, Guess, and
                             Brown Shoes Company

Editor Note: For more information about this release, please scroll to bottom

PR Newswire

NEW YORK, June 4, 2013

NEW YORK, June 4, 2013 /PRNewswire/ --

Today, Wall Street Reports announced new research reports highlighting Costco
Wholesale Corporation (NASDAQ: COST), Big Lots, Inc. (NYSE: BIG), Express,
Inc. (NYSE: EXPR), Guess?, Inc. (NYSE: GES), and Brown Shoes Company, Inc.
(NYSE: BWS). Today's readers may access these reports free of charge -
including full price targets, industry analysis and analyst ratings - via the
links below.

Costco Wholesale Corporation Research Report

On May 30, 2013, Costco Wholesale Corporation (Costco) announced its operating
results for Q3 FY 2013 (period ended May 12, 2013). For Q3 FY 2013, net sales
increased 8% YoY to $23.6 billion, while comparable sales increased 5% YoY.
According to the Company, changes in gasoline prices and foreign exchange
rates negatively impacted comparable sales. Excluding these effects,
comparable sales increased 7% YoY in Q3 FY 2013. Net income for the quarter
was $459 million or $1.04 per diluted share, compared to $386 million or $0.88
per diluted share in Q3 FY 2012. The Full Research Report on Costco Wholesale
Corporation - including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
[http://www.wsreports.com/r/full_research_report/f4eb_COST]

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Big Lots, Inc. Research Report

On May 30, 2013, Big Lots, Inc. (Big Lots) reported its financial results for
Q1 FY 2013 (period ended May 4, 2013). The Company recorded an adjusted
consolidated income from continuing operations of $35.5

million, or $0.61 per diluted share in Q1 FY 2013, compared with $44.2
million, or $0.68 per diluted share in Q1 FY 2012. Consolidated net sales
increased 1.3% YoY to $1.3 billion. Consolidated comparable store sales
decreased 2.5% YoY, consistent with the Company's guidance of negative low
single digits. For Q2 FY 2013, the Company expects consolidated income from
continuing operations in the range of $0.17 to $0.27 per diluted share. For
full-year FY 2013, the Company expects adjusted consolidated income from
continuing operations to range from $2.87 to $3.12 per diluted share. The Full
Research Report on Big Lots, Inc. - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge at:
[http://www.wsreports.com/r/full_research_report/96c6_BIG]

--

Express, Inc. Research Report

On May 30, 2013, Express, Inc. (Express) reported its results for Q1 FY 2013
(period ended May 4, 2013). Net sales rose 3% YoY to $508.5 million. Net
income was $32.4 million or $0.38 per diluted share, compared to $42.1 million
or $0.47 per diluted share in Q1 FY 2012. Commenting on the results, Michael
Weiss, Express Inc.'s Chairman and Chief Executive Officer, said, "The
direction of our business is heading is positive. As we start the second
quarter, momentum in the business is on the upswing, and conversion, which we
often cite as a leading indicator of the business, has been building since
relatively early in the first quarter. We are opening several new or remodeled
stores in key malls that reflect our intensified focus on prime "hub"
locations. Our e-commerce business continued to grow rapidly, and our
international presence has expanded, as we added three franchise locations."
The Full Research Report on Express, Inc. - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at: [http://www.wsreports.com/r/full_research_report/1fd0_EXPR]

--

Guess?, Inc. Research Report

On May 30, 2013, Guess?, Inc. (Guess) reported financial results for Q1 FY
2014 (period ended May 4, 2013). Adjusted EPS was $0.14 compared to $0.30 in
Q1 FY 2013. Total net revenue decreased 5.2% YoY to $548.9 million. Commenting
on the results, Paul Marciano, Chief Executive Officer of Guess, said,
"Despite the continued global economic challenges, we are pleased to deliver
better than expected first quarter earnings. These earnings reflect the
ongoing success within the Company to globally streamline and improve
productivity. While we are encouraged by our start to fiscal 2014, the near
term outlook for consumer spending remains soft and we are planning our
business accordingly. Southern Europe continues to be our main concern going
forward." The Full Research Report on Guess?, Inc. - including full detailed
breakdown, analyst ratings and price targets - is available to download free
of charge at: [http://www.wsreports.com/r/full_research_report/9604_GES]

--

Brown Shoes Company, Inc. Research Report

On May 29, 2013, Brown Shoe Company, Inc. (Brown Shoe Company) reported its
unaudited Q1 FY 2013 results (period ended May 4, 2013). On a GAAP basis, the
Company reported a net loss of $10.8 million or $0.26 per diluted share
compared to earnings of $1.7 million or $0.04 per diluted share in Q1 FY 2012.
According to the Company, results for Q1 FY 2013 included $28.8 million of
costs associated with ongoing portfolio realignment efforts, while earnings
for Q1 FY 2012 included $12.8 million of portfolio realignment and ASG
integration costs. On an adjusted basis, net earnings were $13.8 million or
$0.32 per diluted share, compared to $10 million or $0.23 per diluted share in
Q1 FY 2012. Commenting on the results, Diane Sullivan, Brown Shoe Company's
President and Chief Executive Officer, said, "In addition to
stronger-than-expected adjusted EPS of $0.32, we reported record first quarter
operating profit of $29 million at Famous Footwear, as we saw improved
consumer conversion related to our strategic real estate, inventory and
omni-channel efforts." The Full Research Report on Brown Shoes Company, Inc. -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.wsreports.com/r/full_research_report/9c3b_BWS]

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