Earning Results, Quarterly Cash Dividends and Reappointments - Research Report on Wal-Mart, Dollar Tree, Big Lots, Dillard's,

Earning Results, Quarterly Cash Dividends and Reappointments - Research Report
           on Wal-Mart, Dollar Tree, Big Lots, Dillard's, and Saks

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

PR Newswire

NEW YORK, August 29, 2013

NEW YORK, August 29, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Wal-Mart
Stores Inc. (NYSE: WMT), Dollar Tree, Inc. (NASDAQ: DLTR), Big Lots Inc.
(NYSE: BIG), Dillard's Inc. (NYSE: DDS), and Saks Incorporated (NYSE: SKS).
Today's readers may access these reports free of charge - including full price
targets, industry analysis and analyst ratings - via the links below.

Wal-Mart Stores Inc. Research Report

On August 15, 2013, Wal-Mart Stores Inc. (Walmart) reported its financial
results for Q2 FY 2013 (period ended July 31, 2013). Total revenue was up 2.3%
YoY to $116.9 billion during the quarter. Consolidated net income attributable
to Walmart stood at $4.1 billion, or $1.24 per diluted share, in Q2 FY 2013,
compared to net income of $4 billion, or $1.18 per diluted share, in Q2 FY
2012. Commenting on the results, Mike Duke, President and CEO of Walmart,
said, "We delivered a solid increase in earnings per share for the second
quarter. Consolidated net sales and our Walmart U.S. comp were below
expectations. While the retail environment was challenging across all of our
markets, the Walmart U.S. and Sam's Club businesses improved comp sales from
the first quarter, and the growth of International sales was consistent. I'm
encouraged by our position to execute in the second half of the year,
particularly with the steps we're taking to improve performance." Duke added,
"There are areas of our business where we can do a better job, and we will.
I'm confident in our associates' abilities to deliver for our customers with
EDLP and for shareholders with improved expense savings." The Full Research
Report on Wal-Mart Stores 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/a9d3_WMT]

--

Dollar Tree, Inc. Research Report

On August 22, 2013, Dollar Tree, Inc. (Dollar Tree) reported its financial
results for Q2 FY 2013 (period ended August 3, 2013). Net sales rose 8.8% YoY
to $1.9 billion during the quarter. Net income was $124.7 million, or $0.56
per diluted share, in Q2 FY 2013, compared to net income of $119.2 million,
$0.51 per diluted share, in Q2 FY 2012. Commenting on the results, Dollar
Tree's CEO Bob Sasser, said, "I am pleased with our second quarter
performance. Sales, customer traffic, average ticket, earnings and operating
margin all continue to grow. Customers are responding in record numbers to our
outstanding values in both discretionary and consumable merchandise
categories. Our stores are well-stocked with a terrific merchandise
presentation for back- to- school and the fall selling season." The Full
Research Report on Dollar Tree, 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/7911_DLTR]

--

Big Lots Inc. Research Report

On August 26, 2013, Big Lots Inc. (Big Lots) announced that its Board of
Directors has decided to retain director Russell Solt as it believes that his
continued service on the Board is in the best interest of the Company and its
shareholders. The Company added that Russell Solt will also continue to serve
as the Chairman of the Compensation Committee, which comprises only
independent non-executive directors. According to the Company, consistent with
the terms of the Company's other directors, Mr. Solt's term will continue
until the Company's 2014 Annual Meeting of Shareholders. Big Lots further
stated that Mr. Solt received less than a majority of the shareholder vote in
support of reelection during the Company's May 2013 Annual Meeting of
Shareholders. Subsequently, Mr. Solt offered to resign from the Board in
accordance with the Company's Corporate Governance Guidelines. The Board,
however, decided not to accept Mr. Solt's resignation after carefully
considering the recommendation of the Nominating / Corporate Governance
Committee and other relevant factors. Big Lots said that the Board considered
a number of factors that make Mr. Solt well suited to continue serving on the
Board including his background and experience in investor relations and being
a certified public accountant. 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.analystscorner.com/r/full_research_report/9ac4_BIG]

--

Dillard's Inc. Research Report

On August 20, 2013, Dillard's Inc. (Dillard's) announced that its Board of
Directors has declared a cash dividend of $0.06 per share on the Class A and
Class B Common Stock of the Company. The dividend is payable on November 4,
2013 to shareholders of record as of September 30, 2013. 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]

--

Saks Incorporated Research Report

On August 19, 2013, Saks Incorporated (Saks) reported its financial results
for Q2 FY 2013 (period ended August 3, 2013). Saks reported that net sales
increased 0.5% YoY to $707.8 million during the quarter. Net loss came in at
$19.6 million, or $0.13 per diluted share, in Q2 FY 2013, compared to net loss
of $12.3 million, or $0.08 per diluted share, in Q2 FY 2012. Commenting on the
results, Chairman and CEO, Stephen I. Sadove said, "While the second quarter
was our fourteenth consecutive quarter of posting a comparable store sales
increase, our sales growth was modestly below our expectations. This shortfall
contributed to our second quarter year-over-year gross margin rate decline and
SG&A expense deleverage." The Full Research Report on Saks Incorporated -
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/2823_SKS]

----

EDITOR NOTES:

1.This is not company news. We are an independent source and our views do
    not reflect the companies mentioned.
2.Information in this release is fact checked and produced on a best efforts
    basis and reviewed by a CFA. However, we are only human and are prone to
    make mistakes. If you notice any errors or omissions, please notify us
    below.
3.This information is submitted as a net-positive to companies mentioned, to
    increase awareness for mentioned companies to our subscriber base and the
    investing public.
4.If you wish to have your company covered in more detail by our team, or
    wish to learn more about our services, please contact us at
    pubco@EquityNewsNetwork.com.
5.For any urgent concerns or inquiries, please contact us at
    compliance@EquityNewsNetwork.com.
6.Are you a public company? Would you like to see similar coverage on your
    company? Send us a full investors' package to
    research@EquityNewsNetwork.com for consideration.

COMPLIANCE PROCEDURE

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 Chartered Financial
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.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the
accuracy or completeness or fitness for a purpose (investment or otherwise),
of the information provided in this document. This information is not to be
construed as personal financial advice. Readers are encouraged to consult
their personal financial advisor before making any decisions to buy, sell or
hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned
at the time of printing of this document or any error, mistake or shortcoming.
No liability is accepted by Equity News Network whatsoever for any direct,
indirect or consequential loss arising from the use of this document. Equity
News Network expressly disclaims any fiduciary responsibility or liability for
any consequences, financial or otherwise arising from any reliance placed on
the information in this document. Equity News Network does not (1) guarantee
the accuracy, timeliness, completeness or correct sequencing of the
information, or (2) warrant any results from use of the information. The
included information is subject to change without notice.

AnalystsCorner.com

SOURCE Analysts' Corner

Contact: Joe Thomas, +1-310-496-8071 (North America)
 
Press spacebar to pause and continue. Press esc to stop.