NEW YORK, May 14, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Whole Foods Market, Inc. (NASDAQ: WFM), Rite Aid Corporation (NYSE: RAD), Sprouts Farmers Market Inc. (NASDAQ: SFM), Companhia Brasileira de Distrib. (NYSE: CBD) and SUPERVALU INC. (NYSE: SVU). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2420-100free.
Whole Foods Market, Inc. Analyst Notes
On May 6, 2014, Whole Foods Market, Inc. (Whole Foods Market) announced that it has signed a lease for a new store in Richmond, Virginia. According to the Company, the new store will be located on Broad Street near the campus of Virginia Commonwealth University and will have approximately 40,000 square foot area. Whole Foods Market stated that the new store will be part of The Sauer Center, an urban mixed-use development consisting of new and historic buildings on West Broad Street and Hermitage Road. "Richmond, particularly the Broad Street area, has such a vibrant, unique energy - from historic neighborhoods to stimulating museums, from dynamic residents to creative students - and this new site will allow Whole Foods Market to grow within the city while continuing to strengthen our established relationships," said Scott Allshouse, Whole Foods Market Mid-Atlantic regional President. The Company added that no target opening date has been set as of this time. The full analyst notes on Whole Foods Market are available to download free of charge at:
Rite Aid Corporation Analyst Notes
On May 5, 2014, Rite Aid Corporation (Rite Aid) welcomed Matt Lynch as the Company's Senior Vice President and Chief Information Officer. The Company informed that Lynch will report to Frank Vitrano, Rite Aid's Senior Executive Vice President, CFO and Chief Administrative Officer and will be responsible for all aspects of the Company's technology and information operations as well as the continued development and execution of Rite Aid's immediate and long-term information technology strategy. Vitrano stated, "Matt is a seasoned information technology professional with diverse business systems' management and deep retail experience. Additionally, his expertise with advanced systems - spanning all key business functions - will be extremely beneficial to Rite Aid as we continue to enhance our information technology and services platforms to help us achieve our dual goals of delivering a superior customer experience and driving continued growth for our company." The full analyst notes on Rite Aid are available to download free of charge at:
Sprouts Farmers Market Inc. Analyst Notes
On May 7, 2014, Sprouts Farmers Market Inc. (Sprouts) announced its Q1 2014 results (period ended March 30, 2014) with net sales up 26.0% YoY to $722.6 million, driven mainly by a 12.8% growth in same store sales and strong performances in new store opened. Net income stood at $33.7 million or $0.22 per diluted share, compared with $18.1 million or $0.14 per diluted share in Q1 2013. Adjusted EBITDA was at $77.5 million, up 48.8% YoY. For full year 2014, Sprouts has increased its guidance with net sales growth now expected at 18% to 20% versus previous guidance of 16% to18%, and adjusted EBIDTA growth in the range of 23% to 25% up from the previous guidance of 17% to 20%. The full analyst notes on Sprouts are available to download free of charge at:
Companhia Brasileira de Distrib. Analyst Notes
On May 6, 2014, Companhia Brasileira de Distrib. (CBD), together with Via Varejo S.A., announced that their executive managements submitted to the Board of Directors for both Companies a potential transaction discussed with the executive management of controlling shareholder Casino Guichard-Perrachon (Casino), for combining the e-commerce businesses of the Companies developed by Nova Pontocom Comércio Eletrônico S.A. (Nova) and the e commerce business of Casino developed by Cdiscount SA (Cdiscount) in France, and as well in Colombia (in partnership with Exito, controlled company of Casino), and Asia (in partnership with Big C Thailand and Big C Vietnam, also controlled companies of Casino) (Potential Combination). It was stated that the Potential Combination would be implemented by the incorporation of a single international holding company (NewCo), with the integration of the e-commerce businesses currently developed by Nova and Cdiscount to NewCo. The Company said that the consummation of the Potential Combination will also be subject to terms and agreements from all companies involved. The full analyst notes on CBD are available to download free of charge at:
SUPERVALU INC. Analyst Notes
On May 7, 2014, SUPERVALU INC. (SUPERVALUE) together with Jerry's Enterprises, Haug Enterprises, Lund Food Holdings, and Radermacher Enterprises (four Twin Cities-based independent grocery retailers) announced an agreement to acquire certain Rainbow Foods grocery stores. The Company stated that they have agreed to acquire 18 Rainbow grocery stores, including 13 Rainbow pharmacies and 3 Rainbow liquor stores in Minnesota. It also informed that of the 18 stores, SUPERVALU will have 100% ownership in three CUB stores, majority ownership in two CUB stores, minority ownership in three CUB stores and 100% ownership in two Rainbow stores as well as 100% ownership interest in eleven pharmacies. "SUPERVALU is thrilled to participate in this consortium of retailers that is acquiring Rainbow stores," said Sam Duncan, SUPERVALU's President and CEO." According to the Company, the transactions are subject to customary closing conditions and are expected to close by the end of this summer. The full analyst notes on SUPERVALU are available to download free of charge at:
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