NEW YORK, July 7, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Ralph Lauren Corporation (NYSE: RL), Fortune Brands Home & Security, Inc. (NYSE: FBHS), Tempur Sealy International, Inc. (NYSE: TPX), EveryWare Global, Inc. (NASDAQ: EVRY) and UniFirst Corp. (NASDAQ: UNF). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4486-100free.
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Ralph Lauren Corporation Analyst Notes
On July 2, 2014, Ralph Lauren Corp.'s (Ralph Lauren) stock decreased slightly by 0.11% to end the day at $161.45. The Company's stock gained 3.53% over the past five trading days compared to the Dow Jones Industrial Average which rose 0.64% and to S&P 500 which rose 0.60% during the same trading period. The full analyst notes on RalphLauren are available to download free of charge at:
http://www.analystsreview.com/Jul-07-2014/RL/report.pdf
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Fortune Brands Home & Security, Inc. Analyst Notes
On July 2, 2014, Fortune Brands Home & Security Inc. (Fortune Brands) stock decreased slightly by 0.99% to end the day at $40.00. The Company's stock increased 1.14% over the past three trading days compared to the Dow Jones Industrial Average which rose 0.74% and to S&P 500 which also rose 0.70% during the same trading period. The full analyst notes on Fortune Brands are available to download free of charge at:
http://www.analystsreview.com/Jul-07-2014/FBHS/report.pdf
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Tempur Sealy International, Inc. Analyst Notes
On July 1, 2014, Tempur Sealy International, Inc. (Tempur Sealy) announced its decision to exit production of innerspring components in the U.S. In conjunction with this announcement, the Company and Leggett & Platt announced that latter has acquired Tempur Sealy's three U.S. innerspring component production facilities and equipment, along with associated working capital for a total consideration of approximately $48 million. Tempur Sealy CEO Mark Sarvary commented, "Our decision to exit the production of innerspring components in the U.S. will allow us to focus our investments on brand building and product innovation while improving our working capital position. Leggett & Platt is a well-established leader in the industry and our expanded relationship will provide significantly greater flexibility for our product development efforts." The full analyst notes on Tempur Sealy are available to download free of charge at:
http://www.analystsreview.com/Jul-07-2014/TPX/report.pdf
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EveryWare Global, Inc. Analyst Notes
On June 30, 2014, EveryWare Global, Inc. (EveryWare) announced that it has entered into an amendment for the extension of the Company's Forbearance Agreement with the administrative agent and certain other lenders under the Company's Term Loan Agreement. According to the Company, the Agreement is extended through July 15, 2014. The Company stated that it has also entered into an amendment of its asset backed loan (ABL) agreement with the lenders under its ABL facility to extend the increased availability under that facility through July 15, 2014. Sam Solomon, CEO of EveryWare, stated, "The agreements with our lenders provide the time we need to negotiate a long term financing solution. We thank our partners for their continued support." The full analyst notes on EveryWare are available to download free of charge at:
http://www.analystsreview.com/Jul-07-2014/EVRY/report.pdf
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UniFirst Corp. Analyst Notes
On July 2, 2014, UniFirst Corp. (UniFirst) announced its Q3 FY 2014 financial results (period ended May 31, 2014). The Company reported revenues of $352.2 million, up 4.9% YoY. Net income for the period totaled $30.9 million, or $1.53 per diluted share compared to $28.7 million, or $1.43 per diluted share in Q3 FY 2013. Ronald D. Croatti, UniFirst President and CEO commented, "Overall we were pleased with our results for the quarter. We continue to get solid performances from our sales and service organizations in two areas that are integral to our success; selling new business and retaining existing customer relationships." He added, "Based on our results to date as well as our outlook for our fourth fiscal quarter, we now expect our full year revenues will be between $1.382 billion and $1.387 billion. We also expect full year EPS to be between $5.70 and $5.85 per share." The full analystnotes on UniFirst are available to download free of charge at:
http://www.analystsreview.com/Jul-07-2014/UNF/report.pdf
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