Financial Results, Quarterly Dividends, and Rebranding Plans - Research Report
on Dollar General, Conn's, Staples, CST Brands, and Rent-A-Center
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, December 10, 2013
NEW YORK, December 10, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Dollar
General Corporation (NYSE: DG), Conn's Inc. (NASDAQ: CONN), Staples, Inc.
(NASDAQ: SPLS), CST Brands, Inc. (NYSE: CST), and Rent-A-Center, Inc. (NASDAQ:
RCII). Today's readers may access these reports free of charge - including
full price targets, industry analysis and analyst ratings - via the links
Dollar General Corporation Research Report
On December 5, 2013, Dollar General Corporation (Dollar General) released its
Q3 FY 2013 financial results (period ended November 1, 2013). Dollar General
registered net sales of $4.4 billion, up 10.5% YoY during the quarter. The
Company posted net income of $237.4 million, up 14.3% YoY, and diluted EPS of
$0.74, up 19.4% YoY, in Q3 FY 2013. Commenting on the results, Rick Dreiling,
Dollar General's Chairman and CEO, stated, "Dollar General once again
delivered strong results in the third quarter, even in the face of an ongoing
challenging consumer environment." Dreiling explained, "Our merchandising
initiatives have continued to be successful in driving traffic and sales. We
had solid financial performance across key metrics, including better than
anticipated gross margin performance and solid SG&A leverage. As a result, we
are now forecasting full-year adjusted earnings per share of $3.18 to $3.22."
The Full Research Report on Dollar General Corporation - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
Conn's Inc. Research Report
On December 5, 2013, Conn's Inc. (Conn's) released its Q3 FY 2014 financial
results (period ended October 31, 2013). The Company registered total revenues
of $310.9 million during the quarter, up 50.6% YoY. Net income came in at
$24.4 million, up 106.8% YoY, and diluted EPS came in at $0.66, up 88.6% YoY,
in Q3 FY 2014. Theodore M. Wright, Conn's Chairman and CEO, commented, "We
achieved the highest quarterly revenue and net income in Conn's history."
Wright added, "Two new Conn's HomePlus stores opened in November. All of our
new stores are performing well. We expect to open five more stores by January
31, 2014 and add 15 to 20 new locations next fiscal year." The Full Research
Report on Conn's Inc. - including full detailed breakdown, analyst ratings and
price targets - is available to download free of charge at:
Staples, Inc. Research Report
On December 3, 2013, Staples, Inc. (Staples) announced that its Board of
Directors has declared a quarterly cash dividend of $0.12 per common share.
Staples reported that the dividend is payable on January 16, 2014, to
shareholders of record on December 27, 2013. The Full Research Report on
Staples, Inc. - including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
CST Brands, Inc. Research Report
On December 3, 2013, CST Brands, Inc. (CST Brands) announced that its Board of
Directors has declared a quarterly cash dividend of c.$0.06 per common share.
CST Brands informed that the dividend is payable on January 15, 2014, to
shareholders of record at the close of business on December 31, 2013. The Full
Research Report on CST Brands, Inc. - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
Rent-A-Center, Inc. Research Report
On December 5, 2013, Rent-A-Center, Inc. (Rent-A-Center) announced its
intention to rebrand the kiosks it operates within third-party retail
locations across the country. According to Rent-A-Center, the kiosks will
transition from "RAC Acceptance" brand to "AcceptanceNOW" brand. Joel M.
Mussat, Executive Vice President of Emerging Businesses for Rent-A-Center,
said, "The new brand identity is clearly aligned with the customer experience
we provide in a host-store environment." Mussat continued, "We help our retail
partners 'save the sale' for their customers who could not complete a purchase
through traditional payment options. At the same time, we allow these
customers to get the products they desire for themselves and their families."
The Full Research Report on Rent-A-Center, Inc. - including full detailed
breakdown, analyst ratings and price targets - is available to download free
of charge at:
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SOURCE Analysts' Corner
Contact: Joe Thomas, +1-310-496-8071 (North America)
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