NEW YORK, October 2, 2013 /PRNewswire/ --
Today, Investors' Reports announced new research reports highlighting J.C. Penney Company, Inc. (NYSE: JCP), Safeway Inc. (NYSE: SWY), Bed Bath & Beyond Inc. (NASDAQ: BBBY), Kohl's Corp. (NYSE: KSS), 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 September 27, 2013, J.C. Penney Company, Inc. (JCPenney) announced the pricing of its underwritten public offering of 84.0 million shares of common stock. According to JCPenney, the price to the public is $9.65 per common share, and underwriters have a 30-day option to purchase up to an additional 12.6 million shares of common stock. The Company informed that it plans to use the net proceeds from the offering for general corporate purposes, and expects the offering to close on October 1, 2013, subject to certain customary conditions. 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.InvestorsReports.com/report/2013-09-29/JCP]
Safeway Inc. Research Report
On September 26, 2013, Safeway Inc. (Safeway) announced that it will host a conference call to discuss its Q3 FY 2013 results, on October 10, 2013 at 5:00 p.m. ET (2:00 p.m. PT). Safeway informed that it will release its Q3 FY 2013 results prior to the conference call on the same day after the market hours. The Company also stated that the conference will be available live through an audio webcast on its Investor Relations website, while the replay of the same will be available for approximately one week after the call. The Full Research Report on Safeway Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-09-29/SWY]
Bed Bath & Beyond Inc. Research Report
On September 25, 2013, Bed Bath & Beyond Inc. (Bed Bath & Beyond) released its Q2 FY 2013 financial results (period ended August 31, 2013) with net sales of $2.8 billion, up 8.9% YoY. The Company's net earnings growth was 11.1% YoY to $249.3 million and diluted EPS growth was 18.4% YoY to $1.16 during the quarter. According to the Company, it anticipates its diluted EPS for Q3 FY 2013, Q4 FY 2013 and full-year FY 2013 to be in the range of $1.11 to $1.16, $1.70 to $1.77, and $4.88 to $5.01, on consolidated basis. The Full Research Report on Bed Bath & Beyond Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-09-29/BBBY]
Kohl's Corp. Research Report
On September 27, 2013, Kohl's Corp. (Kohl's) announced the grand opening of three new stores in Hyannis, Massachusetts; Keene, New Hampshire; and Michigan City, Indiana, bringing its total number of new stores opened during 2013 to 12. According to the Company, it also intends to remodel 30 locations this fall, with remodels in 10 locations completed in August 2013, and the remainder to be complete by the end of September 2013. Michelle Gass, Kohl's Chief Customer Officer, stated, "As we focus on creating a customer-focused, omnichannel experience, we continue to invest in our new and remodeled stores, as well as Kohls.com, to bring our brands, value and conveniences to life in a way that resonates with our shoppers. No matter what the occasion, we want our customers to find what they need - at a great value - in an environment that is not only easy and fun to shop, but is seamlessly connected to the platforms available at their fingertips 24 hours a day from their mobile devices to the kiosks we offer in all of our stores." The Company also informed that its newly opened store in Michigan City, Indiana was built according to a prototype that received Leadership in Energy and Environmental Design (LEED) certification at the Gold level from the U.S. Green Building Council. The Full Research Report on Kohl's Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-09-29/KSS]
The TJX Companies, Inc. Research Report
On September 20, 2013, The TJX Companies, Inc. (TJX) announced that the Board of Directors has approved a quarterly dividend of approximately $0.15 per common share. According to TJX, the dividend is payable on December 5, 2013 to shareholders of record as on November 14, 2013. 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.InvestorsReports.com/report/2013-09-29/TJX]
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