LONDON, July 7, 2014 /PRNewswire/ --
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Today, Earnings Review released its analysts' notes regarding Sainsbury Plc (LON: SBRY), Dixons Retail Plc (LON: DXNS), N Brown Group Plc (LON: BWNG), Greencore Group Plc (LON: GNC) and Green King Plc (LON: GNK). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://earnings-review.com/4509-100free.
Sainsbury Plc Analyst Notes
On July 1, 2014, Sainsbury Plc (Sainsbury) announced that the Sainsbury's Anniversary Games will be held on July 20, 2014. The Company revealed that a select number of races will take place on The Mall for the public to watch for free. Sainsbury informed that it is a long-term partner of British athletics through its involvement in the Sainsbury's Summer Series of athletics events. Christine Bleakley, Sainsbury's Active Kids ambassador, said, "The Sainsbury's Anniversary Games races on The Mall will be a brilliant day out for all of the family. With so much activity that's open to the public I encourage everyone to come down and enjoy a truly memorable day, watching some world class athletes against the backdrop of one of London's most iconic landmarks." Leading athletes including six-time Paralympic Champion David Weir will interact with 50 lucky children selected from Active Kids schools and clubs across the country. The full analyst notes on Sainsbury are available to download free of charge at:
Dixons Retail Plc Analyst Notes
On June 26, 2014, Dixons Retail Plc (Dixons Retail) announced preliminary audited results for FY 2014 (year ended April 30, 2014). Dixons Retail reported total underlying Group sales of £7.22 billion for FY 2014, up 2.7% YoY with total sales in the UK & Ireland division of £4.1 billion, up 3.3% YoY. Operating profit (continuing operations), amounted to £189.3 million, up 25.7% YoY and underlying diluted EPS of 3.0 pence, up by 15.4% YoY. Online sales increased by 16% YoY to £1 billion. Dixons Retail continued to expand during FY 2014 with the opening of new high street formats in Bluewater and Canary Wharf and a new larger format 2-in-1 store in Aylesbury, a new kitchen department in Thurrock and it also opened Connected World departments in five megastores. During the year, the Group disposed of its Turkish and Italian operations as well as PIXmania. The full analyst notes on Dixons Retail are available to download free of charge at:
N Brown Group Plc Analyst Notes
On June 18, 2014, N Brown Group Plc (N Brown) announced a quarterly trading update for the 15 weeks to June 14, 2014. Total group revenues were up 2.6% YoY, including like-for-like growth of 2.5% YoY, meeting the Company's expectations. As per N Brown, the growth in revenue was supported by the performance of Simply Be and Jacamo, which were up 6% YoY and 10% YoY, respectively. Online penetration reached 58%, driven by service improvements, such as the recent introduction of Sunday deliveries. Seven Simply Be/Jacamo dual branded stores were opened during the period, creating a total of 240 jobs in Belfast, Birmingham, Cardiff, Edinburgh, Norwich and Exeter and Oxford Street store, which is scheduled to open in September 2014. The full analyst notes on N Brown are available to download free of charge at:
Greencore Group Plc Analyst Notes
As per the Financial Calendar of Greencore Group Plc (Greencore), the Company will release its Interim management statement on July 29, 2014. The Company announced its H1 2014 financial results (period ended March 28, 2014) on May 20, 2014. Greencore reported revenue of £619.8m, up 8.2% YoY and up 9.3% on a like for like basis. The Company also announced an interim dividend of 2.20 pence per share, an increase of 15.8% YoY for the period. For H2 2014 (period ending September 26, 2014), the Company expects to deliver good revenue growth and remains confident in its ability to deliver adjusted EPS growth for the financial year in line with market expectations. The full analyst notes on Greencore are available to download free of charge at:
Green King Plc Analyst Notes
On July 3, 2014 Green King Plc (Green King) announced preliminary results for FY 2014 (period ended May 4, 2014). The Company reported total revenue of £1.3 billion, up 8.9%, as compared to FY 2013. The Company's operating profit, before exceptional items, amounted to £265.6 million in FY 2014 as compared to £248.2 million in FY 2013. Green King announced a dividend per share of 28.4 pence for FY 2014, as compared to 26.6 pence for FY 2013. The dividend will be paid on September 15, 2014 to shareholders of record on August 15, 2014. The Company posted 4.1% YoY increase in retail like-for-like sales and 5.0% YoY increase in food like-for-like sales. Looking ahead, the Company foresees an improvement in like-for-like retail sales and continued momentum in both Pub Partners and Brewing & Brands and anticipates adding 50-60 new retail sites in the current financial year. The full analyst notes on Green King are available to download free of charge at:
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