Partnerships, Fund Raising, New Store Openings, and Strong Sales Drive Growth
- Research Report on Walgreens, Safeway, L Brands, Nordstrom, and Five Below
NEW YORK, September 12, 2013
NEW YORK, September 12, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Investors' Reports announced new research reports highlighting Walgreen
Company (NYSE: WAG), Safeway Inc. (NYSE: SWY), L Brands Inc. (NYSE: LTD),
Nordstrom Inc. (NYSE: JWN), and Five Below Inc. (NASDAQ: FIVE). Today's
readers may access these reports free of charge - including full price
targets, industry analysis and analyst ratings - via the links below.
Walgreen Company Research Report
On September 9, 2013, Walgreen Company (Walgreens) and Theranos Inc.
(Theranos) together announced a long-term partnership to bring access to
Theranos' new lab testing service through Walgreens pharmacies nationwide.
According to Walgreens, the service will become available through Theranos
Wellness Centers inside Walgreens stores, giving consumers access to less
invasive and more affordable clinician-directed lab testing, from a blood
sample. Walgreens added that Theranos tests are low cost, always 50% of
Medicare reimbursement rates or less, and are reimbursed by major insurance
carriers, Medicare and Medicaid. The Company further informed that the first
Theranos Wellness Center is opening in September 2013 at the Walgreens
drugstore located at 300 University Ave. in Palo Alto, California. The Full
Research Report on Walgreen Company - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
Safeway Inc. Research Report
On September 6, 2013, Safeway Inc. (Safeway) announced that its stores raised
$10.3 million during the Company's annual Prostate Cancer Awareness campaign.
The Company informed that its entire chain of more than 1600 stores dedicated
an entire month to raise money and increase awareness to fight prostate cancer
for the 13^th consecutive year. According to the Company, since 2001, the
Company and The Safeway Foundation have raised and donated more than $206
million for breast cancer and prostate cancer treatment and research. Larree
Renda, Safeway Executive Vice President and Chair of the Safeway Foundation,
said, "We'd like to express our gratitude to our customers who have, year
after year, shown commitment to this important cause by contributing and
helping to save lives, one dollar at a time." The Full Research Report on
Safeway Inc. - including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
L Brands Inc. Research Report
On September 5, 2013, L Brands Inc. (L Brands) reported that its net sales for
August 2013 (four weeks ended August 31, 2013) grew 5.9% YoY to $704.7
million. The Company reported a comparable store sales increase of 2% YoY
during the month. The Company's net sales also grew 5.2% YoY to $5.5 billion
for the 30 weeks ended August 31, 2013. Comparable store sales also increased
2% YoY for the 30 weeks ended August 31 2013. The Full Research Report on L
Brands Inc. - including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
Nordstrom Inc. Research Report
On September 5, 2013, Nordstrom Inc. (Nordstrom) announced its plans to open a
Nordstrom Rack at Riverside Plaza in Riverside, California. According to the
Company, the approximately 45,000-square-foot Rack store is scheduled to open
in spring 2014. Geevy Thomas, President of Nordstrom Rack, said, "The offering
at Nordstrom Rack changes several times a week with every delivery, so there's
always something new for our customers to discover. A location at Riverside
Plaza, surrounded by great grocers, shopping, and entertainment, puts the Rack
at the center of our customers' daily routines and we're going to work hard to
become one of their regular stops." The Full Research Report on Nordstrom Inc.
- including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
Five Below Inc. Research Report
On September 9, 2013, Five Below Inc. (Five Below) reported its financial
results for Q2 FY 2013 (period ended August 3, 2013). The Company's net sales
increased 34.9% YoY to $117.1 million during the quarter. Net income
attributable to common shareholders was $4.0 million or $0.07 per diluted
share in Q2 FY 2013, compared to net loss attributable to common shareholders
of $64.2 million or $3.41 per diluted share in Q2 FY 2012. Commenting on the
results, Thomas Vellios, Co-Founder, President and CEO at Five Below, said,
"We are extremely pleased with our top and bottom line performance in the
second quarter which once again illustrates the strong fundamentals of our
business. We saw solid performance across most of our categories reflecting
the broad appeal of the Five Below concept, merchandise and value
proposition." The Full Research Report on Five Below Inc. - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
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SOURCE Investors' Reports
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