Quarterly Financial Results, Board Changes, Earnings Schedules and Strategic Acquisitions - Research Report on Macy's J.C.

 Quarterly Financial Results, Board Changes, Earnings Schedules and Strategic
  Acquisitions - Research Report on Macy's J.C. Penney, Dillard's, DSW, and
                               Men's Wearhouse

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

PR Newswire

NEW YORK, August 23, 2013

NEW YORK, August 23, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Macy's,
Inc. (NYSE: M), J. C. Penney (NYSE: JCP), Dillard's Inc. (NYSE: DDS), DSW Inc.
(NYSE: DSW), and The Men's Wearhouse, Inc. (NYSE: MW). Today's readers may
access these reports free of charge - including full price targets, industry
analysis and analyst ratings - via the links below.

Macy's, Inc. Research Report

On August 14, 2013, Macy's Inc. (Macy's) released its Q2 FY 2014 financial
results (period ended August 3, 2013). The Company reported total net sales of
$6.1 billion, down 0.8% YoY. Diluted EPS for the quarter was $0.72,
representing a growth of 7.5% YoY. "Our performance in the period, in part,
reflects consumers' continuing uncertainty about spending on discretionary
items in the current economic environment," said Terry J. Lundgren, Macy's,
Inc. Chairman, President and CEO. "Bloomingdale's sales rebounded in the
second quarter, and we are encouraged by our recent momentum," The Company
anticipates comparable store sales for H2 FY 2014 to grow in the range of 2.5%
to 4% YoY, leading to a full year FY 2014 comparable sale growth between 2.0%
to 2.9% YoY. In addition, earnings for full-year FY 2014 are now expected in
the range of $3.80 to $3.90 per diluted share. The Full Research Report on
Macy's, 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/b69d_M]

--

J. C. Penney Company, Inc. Research Report

On August 13, 2013, J.C. Penney Company, Inc. (JC Penney) announced changes to
its Board of Directors. Firstly, it informed that William A. Ackman has
resigned from the Board effective August 12, 2013 and on the same date, Ronald
W. Tysoe, a retail industry executive, has been elected to the Company's
Board. Thomas Engibous, Chairman of the Board of Directors, said, "The Company
is extremely fortunate to have the benefit of Ron Tysoe's judgment and
experience at this important time. His deep knowledge of the retail industry
and his financial expertise will be invaluable to us as we continue the work
underway to return J. C. Penney to profitability and growth. I would like to
thank Bill Ackman for his service on the Board over the past two years." JC
Penney informed that Ronald W. Tysoe has over 20 years of retail, finance and
real estate investment industry experience. The Full Research Report on J. C.
Penney Company, 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/500f_JCP]

--

Dillard's Inc. Research Report

On August 14, 2013, Dillard's Inc. (Dillard's) reported its Q2 FY 2014
financial results (period ended August 3, 2013). Net sales for the quarter
came in at $1.5 billion, down 0.5 % YoY. Gross margins from retail operations
improved to 34.4% from 34.3% in Q2 FY 2013. The Company reported net income of
$36.5 million or $0.79 per share, compared to $31.0 million or $0.63 per share
in Q2 FY 2013. Dillard's CEO, William T. Dillard, II, stated, "Following a
strong start to the year, we made further progress in the second quarter.
Positive comparable store sales and gross margin expansion combined with
continued expense control enabled us to report another quarter of year over
year improvement at Dillard's." The Full Research Report on Dillard's 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/f901_DDS]

--

DSW Inc. Research Report

On August 5, 2013, DSW Inc. (DSW) released its sales results for Q2 FY 2014
(period ended August 3, 2013) and increased its full year earnings guidance.
The Company reported net sales of approximately $558 million, compared to $512
million in Q2 FY 2013. Same store sales for the quarter increased by
approximately 4.3% YoY, compared to an increase of 4.2% YoY in Q2 FY 2013. For
full-year FY 2014, EPS guidance was raised to $3.60 to $3.80 per share, from
its previous guidance of $3.40 to $3.60 per share. The Company stated that
this update assumes low single digit same store sales growth for full-year FY
2014. DSW further informed that it will hold a conference call to discuss its
Q2 FY 2014 financial report on August 27, 2013, Tuesday at 8:30 a.m. ET. and
issue a financial press release prior to the call. 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.analystscorner.com/r/full_research_report/e23c_DSW]

--

The Men's Wearhouse, Inc. Research Report

On August 6, 2013, The Men's Wearhouse, Inc. (The Men's Wearhouse) announced
that it has completed the acquisition of JA Apparel Corp, the American
clothing brand for approximately $97.5 million in cash. Doug Ewert, President
and CEO at Men's Wearhouse said, "We are delighted to have closed on this
acquisition promptly and have reunited Joseph Abboud with his iconic brand at
Men's Wearhouse. This accelerates our strategy of offering exclusive brands
with broad appeal at attractive prices. Current and future customers will
benefit from authentic American designer clothing, manufactured in the USA, at
unparalleled value." The Company informed that JA Holding, Inc. will continue
to operate as a wholly owned subsidiary of The Mens Wearhouse. 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.analystscorner.com/r/full_research_report/ef39_MW]

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SOURCE Analysts' Corner

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