Financial Results, Store Expansions Amid Growing Markets, Dividend Announcements, Increasing Customer Traffic - Research Report on Dollar General, Francesca's, Family Dollar, Gap, and American Eagle PR Newswire NEW YORK, September 9, 2013 NEW YORK, September 9, 2013 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom. Today, Investors' Reports announced new research reports highlighting Dollar General Corporation (NYSE: DG), Francesca's Holdings Corporation (NASDAQ: FRAN), Family Dollar Stores Inc. (NYSE: FDO) Gap Inc. (NYSE: GPS), and American Eagle Outfitters, Inc. (NYSE: AEO). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. Dollar General Corporation Research Report On September 4, 2013, Dollar General Corp. (Dollar General) reported its Q2 FY 2013 financial results (period ending August 2, 2013). Net Sales for the quarter totaled $4.4 billion, up 11.3% YoY. Net income increased 14.6% YoY to $245.5 million while diluted EPS for the quarter was $0.75, up 17.2% YoY. Rick Dreiling, Dollar General's Chairman and CEO, commented, "Dollar General delivered another solid quarter. Our same-store sales growth for the second quarter of 2013 accelerated to 5.1 percent. We are very pleased with the increase in customer traffic in our stores. We continue to grow our market share and believe that our second quarter results position us well to deliver our financial outlook for the year." The Company reaffirmed its full-year FY 2013 outlook and expects its total sales to grow between 10% and 11% YoY, same-store sales to increase between 4% and 5%, and EPS to range between $3.15 and $3.22. The Full Research Report on COMPANYNAME1 - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-04/DG] -- Francesca's Holdings Corporation Research Report On September 4, 2013, Francesca's Holdings Corp. (Francesca's) reported its Q2 FY 2013 financial results (period ended August 3, 2013), with net sales up by 17.3 % YoY to $89.6 million. The Company's net income totaled $14.6 million, or $0.33 per diluted share, compared to $12.7 million, or $0.28 per diluted share, reported in Q2 FY 2012. According to the Company, the increase was driven by 79 new boutique openings as compared to Q2 FY 2012. Neill P. Davis, Francesca's CEO, stated, "While we posted high teens increases in second quarter and year to date sales and earnings, our second quarter sales performance was softer than we anticipated. We were able to maintain strong profitability with operating income margins only modestly below the prior year levels. Our performance in the quarter reflects the anniversary of very strong rates of growth in the prior year; lower levels of customer traffic most evident in the later part of the second quarter and the lack of a dominant apparel fashion trend." The Company anticipates its Q3 FY 2013 net sales to be in the range of$78 million and $80 million while full year FY 2013 net sales are anticipated to be in the range of $343 million to $349.5 million. The Full Research Report on Francesca's Holdings Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-04/FRAN] -- Family Dollar Stores Inc. Research Report On September 3, 2013, Family Dollar Stores Inc. (Family Dollar) announced that its Board of Directors has approved a regular quarterly cash dividend of $0.26 per share on the Company's common stock. The Company informed that the dividend is payable on Tuesday, October 15, 2013, to shareholders of record as on close of business on Friday, September 13, 2013. The Full Research Report on Family Dollar Stores Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-04/FDO] -- Gap Inc. Research Report On September 3, 2013, Gap Inc. (Gap) announced that it will open its first franchise-operated Old Navy stores in the Philippines in 2014. The news follows the Company's announcement to begin franchising Old Navy Stores globally. Sonia Syngal, Senior Vice President of Old Navy International said, "With a steadily growing retail market, the Philippines represents a great opportunity for Old Navy and an important step in the brand's international expansion, Consumers have a great interest in the iconic American brand Old Navy, and we look forward to making current American fashion essentials accessible for every family." Gap informed that Old Navy currently operates over 1,000 stores in the U.S., Canada and Japan and recently announced plans to open stores in China in H1 2014. The Full Research Report on Gap Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-04/GPS] -- American Eagle Outfitters, Inc. Research Report On September 3, 2013, American Eagle Outfitters, Inc. (American Eagle) declared a quarterly cash dividend of $0.13 per share to be payable on October 16, 2013 to the stockholders of record on October 2, 2013. According to the Company this dividend is American Eagle's 37th consecutive quarterly dividend. The Full Research Report on American Eagle Outfitters, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-04/AEO] ---- 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 an analyst. 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 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. InvestorsReports.com SOURCE Investors' Reports Contact: Kristi Saunders CONTACT PHONE: +1-315-982-6420 (North America)
Financial Results, Store Expansions Amid Growing Markets, Dividend Announcements, Increasing Customer Traffic - Research Report
Press spacebar to pause and continue. Press esc to stop.