30.07.2013 14:00:00
|
Strong Marketing Initiatives Lead to Strong Operating Margins and Surpass Profitability Goals - Research Report on Cabela's, Old Dominion, Landstar, Meredith, and Deluxe
NEW YORK, July 30, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Investors' Reports announced new research reports highlighting Cabela's Inc. (NYSE: CAB), Old Dominion Freight Line Inc. (NASDAQ: ODFL), Landstar System Inc. (NASDAQ: LSTR), Meredith Corp. (NYSE: MDP), and Deluxe Corp. (NYSE: DLX). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Cabela's Inc. Research Report
On July 25, 2013, Cabela's Inc. (Cabela's) reported its Q2 FY 2013 financial results (period ended June 29, 2013), posting total revenue growth of 20.7% YoY to $756.8 million. Net income increased 31.5% YoY to $44.5 million, while earnings per diluted share were $0.62 compared to $0.47 in Q2 FY 2012. For H1 FY 2013, cash flows from operations were $183 million compared to $70 million in Q2 FY 2012. Tommy Millner, Cabela's Chief Executive Officer, commented, "It is important to note that our strong sales, improved merchandise margin and a favorable tax rate together allowed us to sharply increase our business building expenditures in the quarter." The Full Research Report on Cabela's Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-26/CAB]
Old Dominion Freight Line Inc. Research Report
On July 25, 2013, Old Dominion Freight Line Inc. (Old Dominion) reported its Q2 2013 financial results with revenue growth of 8.0% to $590.2 million. Its net income increased 21.8% YoY to $58.3 million. EPS for the quarter increased 21.4% YoY to $0.68. The Company's operating ratio improved 140 basis points to 83.5% compared with 84.9% in the Q2 2012. David S. Congdon, President and Chief Executive Officer of Old Dominion, commented, "As our second-quarter results indicate, Old Dominion continues to perform at a high level, which reflects the strengths of the entire Old Dominion team. We remain focused on the superior execution of our strategic principles, and we are confident in our prospects for gaining additional market share and driving further growth in long-term earnings and shareholder value." The Full Research Report on Old Dominion Freight Line Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-26/ODFL]
Landstar System Inc. Research Report
On July 25, 2013, Landstar System Inc. (Landstar) reported its Q2 FY 2013 financial results (period ended June 29, 2013) with diluted EPS of $0.66, down compared to $0.76 in Q2 FY 2012. Its revenue totaled $679.3 million, a 7.7% YoY decrease. Henry Gerkens, Landstar Chairman, President and Chief Executive Officer, said, "Consistent with the 2013 first quarter, the Company experienced softness in both the number of loads and revenue per load on loads hauled via truck throughout the second quarter with much of the softness coming from revenue hauled on unsided/platform equipment. Despite the soft operating environment, Landstar's operating margin for the 2013 second quarter was a very solid 45.7%. The 2013 second quarter operating results, although not equal to the 2012 second quarter results, demonstrates the resiliency of our variable cost business model." The Company anticipates its revenue for the Q3 2012 to be between $670 million and $715 million, operating margin to be between 46% and 48%, and diluted EPS of $0.67 to $0.72. The Full Research Report on Landstar System Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-26/LSTR]
Meredith Corp. Research Report
On July 25, 2013, Meredith Corp. (Meredith) reported its Q4 FY 2013 and full-year FY 2013 financial results. For FY 2013, EPS growth stood at 18.6% YoY to $2.74. Total revenues grew 6.9% YoY to $1.5 billion while advertising revenues increased 7% YoY to $824 million. The Company's Q4 FY 2013 EPS grew 11.9% YoY to $0.75 while revenues rose 3.3% YoY to $387 million. Stephen M. Lacy, Meredith Chairman and Chief Executive Officer, said, "Our Local Media Group achieved the highest revenue and profit performance in its 65-year history. Our National Media Group grew both advertising and circulation revenues. We strengthened our connection to consumers across media platforms. And importantly, we continued to deliver on our Total Shareholder Return strategy by growing free cash flow and returning more cash to shareholders through increased dividends and share repurchases." Meredith expects full-year FY 2014 EPS to range from $2.60 to $2.95. The Full Research Report on Meredith Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-26/MDP]
Deluxe Corp. Research Report
On July 25, 2013, 2013, Deluxe Corp. (Deluxe) reported its Q2 2013 financial results, posting revenue growth of 2.8% YoY to $381.4 million. Net income for the quarter increased 13.9% YoY to $48.2 million. Diluted EPS grew 14.6% YoY to $0.94. Lee Schram, Chief Executive Officer of Deluxe, said, "Revenue in the second quarter was at the upper end of our outlook, adjusted EPS exceeded our outlook and operating cash flow was strong, all driven by favorable performance particularly in both Small Business Services and Financial Services. Marketing solutions and other services revenue grew 21% over last year and will further benefit from the acquisition of VerticalResponse. Our strong first half of the year positions us well to grow revenue in 2013 for a fourth consecutive year." The Full Research Report on Deluxe Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-26/DLX]
EDITOR NOTES:
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 Chartered Financial 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.
SOURCE Investors' Reports
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu Meredith Corp.mehr Nachrichten
Keine Nachrichten verfügbar. |
Analysen zu Meredith Corp.mehr Analysen
Aktien in diesem Artikel
Deluxe Corp. | 21,20 | -0,93% | |
Landstar System Inc. | 166,00 | -0,60% | |
Old Dominion Freight Line Inc. | 172,95 | -2,26% |