Apparel Stores Industry Announced Earnings Results and Expansion Plans - Research Report on Limited Brands, Ross, Nordstrom, Aeropostale, and Guess

NEW YORK, September 9, 2013 /PRNewswire/ --

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

Today, Analysts' Corner announced new research reports highlighting Limited Brands, Inc. (NYSE: LTD), Ross Stores Inc. (NASDAQ: ROST), Nordstrom Inc. (NYSE: JWN), Aeropostale, Inc. (NYSE: ARO), and Guess?, Inc. (NYSE: GES). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Limited Brands, Inc. Research Report

On August 21, 2013, Limited Brands, Inc. (Limited Brands) reported its financial results for Q2 FY 2013 (period ended August 3, 2013). The Company's net sales increased 4.9% YoY to 2.5 billion during the quarter. Limited Brands posted net income of $178.9 million or $0.61 per diluted share, in Q2 FY 2013, compared to net income of $143.6 million or $0.49 per diluted share, in Q2 FY 2012. According to the Company, it expects its Q3 FY 2013 EPS to range between $0.23 to $0.28, while expecting  full year FY 2013, EPS of $3.06 to $3.21 versus its previous guidance of $2.95 to $3.15. The Full Research Report on Limited Brands, 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/3343_LTD]

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Ross Stores Inc. Research Report

On August 22, 2013, Ross Stores Inc. (Ross) reported its financial results for Q2 FY 2013 (period ended August 3, 2013). The Company's revenue increased 9.0% YoY to $2.6 billion during the quarter. Ross posted net earnings of $213.1 million or $0.98 per diluted share, in Q2 FY 2013, compared to net earnings of $182.0 million or $0.81 per diluted share, in Q2 FY 2012. Commenting on the results, Vice Chairman and CEO, Michael Balmuth said, "We are pleased with our better-than-expected results for the second quarter and first six months of 2013, which were mainly driven by above-plan sales and merchandise gross margin.  Our performance for both the quarter and year-to-date periods continues to benefit from the solid execution of our core off-price strategy of delivering compelling name brand bargains to today's value-focused consumers." The Full Research Report on Ross Stores 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/73e9_ROST]

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Nordstrom Inc. Research Report

On August 27, 2013, Nordstrom Inc. (Nordstrom) announced of its plans to expand its partnership with TOPSHOP and TOPMAN by adding 28 TOPSHOP departments and 8 TOPMAN departments across the country by the end of September 2013. According to the Company, the expansion will increase the total number of Nordstrom stores with TOPSHOP and TOPMAN to 42 and 18, respectively. Additionally, Nordstrom reported its plans to re-new the design of its TOPSHOP and TOPMAN departments for both the upcoming and existing stores. Nordstrom further mentioned that since launch of its core offering in September 2012, the Company has added TOPSHOP shoes and Make-Up in selected stores and intends to expand the TOPMAN suiting offer further, which will be in over 30 additional stores by November 2013. Pete Nordstrom, Executive Vice President and President - Merchandising of Nordstrom commented, "We are very pleased with our TOPSHOP TOPMAN partnership and excited to expand and grow together. Through this collaboration, we hoped to attract new customers to both our women's and men's apparel businesses and to learn to create newness and excitement in our stores and online. Through a lot of hard work and mutual effort, we have been able to measurably improve on these fronts. Working with Sir Philip and the entire TOPSHOP TOPMAN team has been great. They have been excellent partners." The Full Research Report on Nordstrom 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/7e7a_JWN]

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Aeropostale, Inc. Research Report  

On August 22, 2013, Aeropostale, Inc. (Aeropostale) reported its financial results for Q2 FY 2013 (period ended August 3, 2013). The Company's net sales decreased 6.4% YoY to $454.0 million during the quarter. Aeropostale posted net loss of $33.7 million in Q2 FY 2013, compared to net income of $71 thousand in Q2 FY 2012. Commenting on the news, CEO at Aeropostale, Thomas P. Johnson, said, "As previously reported, our second quarter results did not change materially from earlier in the year. Our business was pressured by a challenging teen retail environment with weak traffic trends and high levels of promotional activity. Our results were particularly disappointing given the level of change we have registered with the Aeropostale brand in recent periods." The Full Research Report on Aeropostale, 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/2376_ARO]

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Guess?, Inc. Research Report

On August 28, 2013, Guess?, Inc. (Guess) reported its financial results for Q2 FY 2014 (period ended August 3, 2013). The Company's net revenue increased 0.6% YoY to $639.0 million during the quarter. Guess posted net earnings attributable to the Company of $39.9 million or $0.47 per diluted share, in Q2 FY 2014, compared to $42.9 million or $0.49 per diluted share, in Q2 FY 2013. Commenting on the news, CEO at Guess, Paul Marciano, said, "We are pleased to deliver second quarter earnings that exceeded our expectations. The earnings not only reflect the achievement of our revenue expectations for the quarter, but also the benefits of our expense management and cost control efforts." The Full Research Report on Guess?, 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/9805_GES]

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