Stockholder Rights Plan, Earnings, and Dividends - Research Report on J.C. Penney, Tiffany, Macy's, Abercrombie & Fitch, and

  Stockholder Rights Plan, Earnings, and Dividends - Research Report on J.C.
            Penney, Tiffany, Macy's, Abercrombie & Fitch, and TJX

PR Newswire

NEW YORK, August 30, 2013

NEW YORK, August 30, 2013 /PRNewswire/ --

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

Today, Analysts Corner announced new research reports highlighting J.C. Penney
Company, Inc. (NYSE: JCP), Tiffany & Co. (NYSE: TIF), Macy's, Inc. (NYSE: M),
Abercrombie & Fitch Co. (NYSE: ANF), and The TJX Companies, Inc. (NYSE: TJX).
Today's readers may access these reports free of charge - including full price
targets, industry analysis and analyst ratings - via the links below.

J.C. Penney Company, Inc. Research Report

On August 22, 2013, J.C. Penney Company, Inc. (J.C. Penney) announced that
after a series of assessment and consultation with external advisors, its
Board of Directors has adopted a stockholder rights plan. J.C. Penney reported
that the one-year stockholder rights plan is specifically designed to meet the
purpose of protecting against any potential future use of coercive or abusive
takeover techniques. The Company also reported that the plan will help to
ensure that stockholders are not deprived of the opportunity to realize the
full and fair value of their investment. J.C. Penney further stated that the
plan will be in effect until August 20, 2014, unless the rights redeemed or
exchanged for shares of common stock by the Company on an earlier date. 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]

Tiffany & Co. Research Report

On August 27, 2013, Tiffany & Co. (Tiffany) released its Q2 FY 2013 financial
results (period ended July 31, 2013). The Company's net sales were up 4.4% YoY
to $925.9 million, and earnings from operations grew 14.4% YoY to $176.9
million during the quarter. Net earnings were up 16.3% YoY to $106.8 million,
while diluted EPS increased 15.3% YoY to $0.83, in Q2 FY 2013. Michael J.
Kowalski, Chairman and CEO of Tiffany, commented, "Total sales growth met our
objective due to solid performance in most regions, and with particular
strength in our statement and fine jewelry product categories. We were pleased
with the results of our efforts to improve gross margin which, combined with
well-controlled expenses, yielded a solid increase in operating margin."
Kowalski added, "We are pleased to have achieved healthy earnings growth in
the first half of the year. Looking forward, we are equally excited about the
initiatives we are pursuing in product development, marketing communications
and store expansion, all intended to further enhance Tiffany's strong brand
position and take fuller advantage of its long-term growth opportunities in
the global luxury market." The Full Research Report on Tiffany & Co. -
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/6928_TIF]

Macy's, Inc. Research Report

On August 23, 2013, Macy's Inc. (Macy's) announced that its Board of Directors
has declared a regular quarterly dividend of $0.25 per common share. According
to the Company, the dividend is payable on October 1, 2013 to shareholders of
record at the close of business on September 13, 2013. 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]

Abercrombie & Fitch Co. Research Report 

On August 22, 2013, Abercrombie & Fitch Co. (Abercrombie & Fitch) released its
Q2 FY 2013 financial results (period ended August 3, 2013). The Company's net
sales were down 0.6% YoY to $945.7 million during the quarter. Net income was
down 33.3% YoY to $11.4 million and diluted EPS declined 30% YoY to $0.14, in
Q2 FY 2013. Commenting on the results, Mike Jeffries, CEO and Chairman of the
Board of Abercrombie & Fitch Co., said, "The second quarter was more difficult
than expected due to weaker traffic and continued softness in the female
business, consistent with what others have reported. In that context we are
planning sales, inventory and expenses conservatively for the remainder of the
year." He added, "Despite the challenging environment, we are very pleased by
strong growth in our direct-to-consumer business and continued strong growth
in China. We have also made excellent progress on our profit improvement
initiative during the quarter, and we now expect savings from this initiative
to exceed $100 million annually. In addition, we are nearing completion of our
long-term strategic review, and we are confident that this will provide us
with a clear roadmap for sustainable growth in sales, profitability and return
on invested capital." The Full Research Report on Abercrombie & Fitch Co. -
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/40f0_ANF]

The TJX Companies, Inc. Research Report

On August 20, 2013, The TJX Companies, Inc. (TJX) released its Q2 FY 2014
financial results (period ended August 3, 2013). The Company's net sales were
up 8.4% YoY to $6.4 billion during the quarter. Net income was grew 13.9% YoY
to $479.6 million, and diluted EPS was up 17.9% YoY to $0.66, in Q2 FY 2014.
The Company expects diluted EPS to be in the range of $0.69 to $0.72 in Q3 FY
2014 and in the range of $2.74 to $2.80 for full-year FY 2014. The Full
Research Report on The TJX Companies, 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/bed1_TJX]

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SOURCE Analysts' Corner

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