NEW YORK, October 24, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting Whole Foods Market, Inc. (NASDAQ: WFM), Safeway Inc. (NYSE: SWY), Sysco Corp. (NYSE: SYY), SUPERVALU Inc. (NYSE: SVU) and Companhia Brasileira de Distribuicao (NYSE: CBD). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Whole Foods Market, Inc. Research Report
On October 16, 2013, Whole Foods Market, Inc. (Whole Foods Market) announced that the Whole Planet Foundation's 2014 calendars are now available at Whole Foods Market stores in the U.S. The Company informed that the calendars, which support the foundation's microlending programs, cost $4 a piece and include $44 worth of coupons for natural and organic products. The Company stated that the calendar also features photos of microcredit clients from 13 of the 57 countries where the nonprofit funds microlending projects. According to Whole Foods Market, since 2006, these calendar sales have generated over $610,000 for the foundation. The Full Research Report on Whole Foods Market, 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/3f61_WFM]
Safeway Inc. Research Report
On October 10, 2013, Safeway Inc. (Safeway) reported its Q3 FY 2013 (period ended September 7, 2013) financial results. The Company's sales and other revenue increased 1.1% YoY to $8.6 billion during the quarter. Net income attributable to the Company was $65.8 million or $0.27 per diluted share in Q3 FY 2013, compared to $157.0 million or $0.66 per diluted share in Q3 FY 2012. Additionally, Safeway announced that it plans to exit the Chicago market, where it operates 72 Dominick's stores, by early 2014, resulting in a cash tax benefit of between $400 million to $450 million, which will be available in the short-term to partly offset the cash tax expense on the sale of the net assets of Canada Safeway Limited. Commenting on the update, President and CEO at Safeway, Robert Edwards said, "The decision to sell Canada Safeway and to exit the Chicago market is consistent with Safeway's priority of maximizing shareholder value. These actions will allow us to focus on improving and strengthening our core grocery business. We are continuing to review all of our businesses to optimize our allocation of resources, improve sales and grow operating profits." For full-year FY 2013, the Company expects adjusted diluted EPS to be in the range of $0.93 to $1.00.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.analystscorner.com/r/full_research_report/510f_SWY]
Sysco Corp. Research Report
On October 21, 2013, Sysco Corp. (Sysco) announced that the Company will webcast its Q1 FY 2014 earnings conference call on Monday, November 4, 2013 at 10:00 a.m. ET. The Company informed that the live webcast and its replay will available at Sysco's website. The Full Research Report on Sysco Corp. - 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/5efa_SYY]
SUPERVALU Inc. Research Report
On October 17, 2013, SUPERVALU Inc. (SUPERVALU) reported its Q2 FY 2014 financial results (period ended September 7, 2013). The Company's net sales increased 0.2% YoY to $3.9 billion during the quarter. Net earnings were $40 million or $0.15 per diluted share, compared to net loss of $111 million or $0.52 per diluted share in Q2 FY 2012. Commenting on the results, President and CEO of SUPERVALU, Sam Duncan said, "Similar to what we outlined in the first quarter, we remain focused on delivering steady improvements in our business each and every quarter. While our end goal won't be achieved overnight, I am encouraged with our results this quarter and, more importantly, the way we are achieving these results by building a strong foundation that is focused on our customers." The Full Research Report on SUPERVALU 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/b796_SVU]
Companhia Brasileira de Distribuicao Research Report
On October 21, 2013, Companhia Brasileira de Distribuicao announced that it has received a correspondence on October 18, 2013, from Peninsula Participações S.A (Peninsula). According to the Company, the said correspondence states that the swap of shareholdings agreed between Peninsula and Casino Guichard Perrachon ("Casino"), pursuant to the letter sent to the Company on September 6, 2013, was concluded on October 18, 2013. The Company also stated that Peninsula transferred to Casino all the 11,229,075 shares issued by Wilkes Participações S.A. held by it, in exchange for 11,229,075 preferred shares issued by the Company. Lastly, the Company stated that as an outcome of the above mentioned transaction, Peninsula became the holder of 19,375,000 preferred shares issued by the Company. The Full Research Report on Companhia Brasileira de Distribuicao - 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/2168_CBD]
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