NEW YORK, December 17, 2014 /PRNewswire/ --
Moments ago, Realtime Equities released new analyst updates
concerning several important developing situations including
Skullcandy (NASDAQ: SKUL), SkyPeople (NASDAQ: SPU), Snyder's-Lance (NASDAQ: LNCE), SpartanNash
(NASDAQ: SPTN), and Steven Madden
(NASDAQ: SHOO). Realtime Equities is the leader in realtime news,
commentary and analysis - proudly employing registered CFA®
research staff and rigorous compliance procedures. The full
research reports are being made available to the public for
informational purposes only.
To access our full PDF reports on a complementary basis,
please visit the links at the bottom.
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Analyst Update: New Team Member, Marketing Initiatives,
Quarterly Earnings and Dividend Declarations
Reviewed by: Rohit Tuli,
CFA®
The US stock market on Tuesday witnessed its most volatile
session since mid-October. Markets ended on a negative note amid
slumping oil prices and growing chaos in Russia, represented by a massive decline of
the ruble. The NASDAQ Composite edged 1.24% lower, the Dow Jones
Industrial Average declined 0.65% and the S&P 500 fell 0.85%. A
global emerging -market selloff which started on Monday, further
pressurized Asia and the Asian
stock market on Tuesday, which ended the day in red. On the other
hand, the European Markets on December 16,
2014 closed on a positive note led by a surge in energy
shares. Further, positive data from a German analyst, an
investor sentiment ZEW survey and a fund manager survey from Bank
of America Merrill Lynch helped sustain the investor sentiment in
the European Market.
Skullcandy, Inc. (Skullcandy) announced that Silje Norendal, a
Norwegian Olympic snowboarder and multiple Winter X Games gold
medalist, has joined its family of elite athletes. Silje is an
outstanding athlete and influencer in women's action sports, known
for her progressive style and athleticism in slopestyle.
Hedetang brand of fruit juice beverages of SkyPeople Fruit
Juice, Inc. (SkyPeople) is capitalizing upon its public WeChat
corporate account, as a part of its effort to improve brand
awareness which can contribute to the Company's revenue and help it
to continuously grow, gain market share, become a prominent player
and industry leader in the food and beverage market sector.
Additionally, the Company reported exceptional Q3 2014 financial
results.
Snyder's-Lance, Inc.'s
(Snyder's-Lance) earnings per
diluted share for Q3 2014 (period ended September 27, 2014) stayed flat year over year at
$0.24 excluding discontinued
operations and special items. Net revenue for Q3 2014 was
$409.3 million, up by 6.2% YoY, and
net revenue for the nine month period was $1.2 billion, up by 5.3% YoY.
The largest food distributor serving military commissaries and
exchanges in the US, SpartanNash Company (SpartanNash) declared a
quarterly cash dividend of $0.12 per
common share, to be paid on December 31,
2014 to shareholders of record as of December 17, 2014.
Steven Madden, Ltd. (Steven Madden) reported Q3 2014 diluted earnings
per share (EPS) of $0.62, down 6.1%
YoY and net sales of $392.0 million,
down 0.7% YoY. The retail net sales were $48.7 million as compared to $48.9 million in Q3 2013 due to a decrease of
7.4% in same store sales, offset by an increase in net sales
resulting from the net opening of 11 new stores.
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Today's update concerns the following companies:
============
Full PDF Download Links (you may have to copy and paste the
following links into your browser):
SKUL Research Report: (
http://get.realtimeequities.com/pdf/?c=Skullcandy&d=17-Dec-2014&s=SKUL
),
SPU Research Report: (
http://get.realtimeequities.com/pdf/?c=SkyPeople%20Fruit%20Juice&d=17-Dec-2014&s=SPU
),
LNCE Research Report: (
http://get.realtimeequities.com/pdf/?c=Snyder%27s-Lance&d=17-Dec-2014&s=LNCE
),
SPTN Research Report: (
http://get.realtimeequities.com/pdf/?c=SpartanNash&d=17-Dec-2014&s=SPTN
),
SHOO Research Report:
(http://get.realtimeequities.com/pdf/?c=Steven%20Madden&d=17-Dec-2014&s=SHOO
).
============
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--
Editor Note: This is not company news. We are an
independent source and our views do not reflect the companies
mentioned.
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