Earning Results, Quarterly Cash Dividends and Reappointments - Research Report on Wal-Mart, Dollar Tree, Big Lots, Dillard's, and Saks

NEW YORK, August 29, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Wal-Mart Stores Inc. (NYSE: WMT), Dollar Tree, Inc. (NASDAQ: DLTR), Big Lots Inc. (NYSE: BIG), Dillard's Inc. (NYSE: DDS), and Saks Incorporated (NYSE: SKS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Wal-Mart Stores Inc. Research Report

On August 15, 2013, Wal-Mart Stores Inc. (Walmart) reported its financial results for Q2 FY 2013 (period ended July 31, 2013). Total revenue was up 2.3% YoY to $116.9 billion during the quarter. Consolidated net income attributable to Walmart stood at $4.1 billion, or $1.24 per diluted share, in Q2 FY 2013, compared to net income of $4 billion, or $1.18 per diluted share, in Q2 FY 2012. Commenting on the results, Mike Duke, President and CEO of Walmart, said, "We delivered a solid increase in earnings per share for the second quarter. Consolidated net sales and our Walmart U.S. comp were below expectations. While the retail environment was challenging across all of our markets, the Walmart U.S. and Sam's Club businesses improved comp sales from the first quarter, and the growth of International sales was consistent. I'm encouraged by our position to execute in the second half of the year, particularly with the steps we're taking to improve performance." Duke added, "There are areas of our business where we can do a better job, and we will. I'm confident in our associates' abilities to deliver for our customers with EDLP and for shareholders with improved expense savings." The Full Research Report on Wal-Mart 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/a9d3_WMT]

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Dollar Tree, Inc. Research Report

On August 22, 2013, Dollar Tree, Inc. (Dollar Tree) reported its financial results for Q2 FY 2013 (period ended August 3, 2013). Net sales rose 8.8% YoY to $1.9 billion during the quarter. Net income was $124.7 million, or $0.56 per diluted share, in Q2 FY 2013, compared to net income of $119.2 million, $0.51 per diluted share, in Q2 FY 2012. Commenting on the results, Dollar Tree's CEO Bob Sasser, said, "I am pleased with our second quarter performance. Sales, customer traffic, average ticket, earnings and operating margin all continue to grow. Customers are responding in record numbers to our outstanding values in both discretionary and consumable merchandise categories. Our stores are well-stocked with a terrific merchandise presentation for back- to- school and the fall selling season." The Full Research Report on Dollar Tree, 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/7911_DLTR]

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Big Lots Inc. Research Report

On August 26, 2013, Big Lots Inc. (Big Lots) announced that its Board of Directors has decided to retain director Russell Solt as it believes that his continued service on the Board is in the best interest of the Company and its shareholders. The Company added that Russell Solt will also continue to serve as the Chairman of the Compensation Committee, which comprises only independent non-executive directors. According to the Company, consistent with the terms of the Company's other directors, Mr. Solt's term will continue until the Company's 2014 Annual Meeting of Shareholders. Big Lots further stated that Mr. Solt received less than a majority of the shareholder vote in support of reelection during the Company's May 2013 Annual Meeting of Shareholders. Subsequently, Mr. Solt offered to resign from the Board in accordance with the Company's Corporate Governance Guidelines. The Board, however, decided not to accept Mr. Solt's resignation after carefully considering the recommendation of the Nominating / Corporate Governance Committee and other relevant factors. Big Lots said that the Board considered a number of factors that make Mr. Solt well suited to continue serving on the Board including his background and experience in investor relations and being a certified public accountant. The Full Research Report on Big Lots 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/9ac4_BIG]

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Dillard's Inc. Research Report

On August 20, 2013, Dillard's Inc. (Dillard's) announced that its Board of Directors has declared a cash dividend of $0.06 per share on the Class A and Class B Common Stock of the Company. The dividend is payable on November 4, 2013 to shareholders of record as of September 30, 2013. The Full Research Report on Dillard's 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/f901_DDS]

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Saks Incorporated Research Report

On August 19, 2013, Saks Incorporated (Saks) reported its financial results for Q2 FY 2013 (period ended August 3, 2013). Saks reported that net sales increased 0.5% YoY to $707.8 million during the quarter. Net loss came in at $19.6 million, or $0.13 per diluted share, in Q2 FY 2013, compared to net loss of $12.3 million, or $0.08 per diluted share, in Q2 FY 2012. Commenting on the results, Chairman and CEO, Stephen I. Sadove said, "While the second quarter was our fourteenth consecutive quarter of posting a comparable store sales increase, our sales growth was modestly below our expectations. This shortfall contributed to our second quarter year-over-year gross margin rate decline and SG&A expense deleverage." The Full Research Report on Saks Incorporated - 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/2823_SKS]

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