NEW YORK, June 20, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Winnebago Industries, Inc. (NYSE: WGO), Thor Industries, Inc. (NYSE: THO), Motorcar Parts of America, Inc. (NASDAQ: MPAA), Visteon Corporation (NYSE: VC) and WABCO Holdings Inc. (NYSE: WBC). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3925-100free.
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Winnebago Industries, Inc. Analyst Notes
On June 12, 2014, Winnebago Industries, Inc. (Winnebago Industries) announced that it intends to issue an advisory release and host a conference call on June 26, 2014 before the market opens. The Company stated that in the advisory release it will notify that the complete and full-text press release that discusses the Q3 FY2014 financial results (period ended May 31, 2014) will be made available no earlier than 6:00 a.m. CDT. The Company informed that a conference call will follow the same day at 9 a.m. CDT to discuss the Q3 FY 2014 financial results. According to Winnebago Industries, a live webcast of the call, as well as its replay which will be archived for 90 days, will be made available on the Company's Investor Relations site. The full analyst notes on Winnebago Industries are available to download free of charge at:
http://www.analystsreview.com/Jun-20-2014/WGO/report.pdf
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Thor Industries, Inc. Analyst Notes
On June 5, 2014, Thor Industries, Inc. (Thor) reported its Q3 FY 2014 financial results (period ended April 30, 2014) with net sales up 12.6% YoY to $1.05 billion. Net income registered $55.1 million, or $1.03 per diluted share, versus $43.8 million, or $0.82 per diluted share in Q3 FY 2013. According to the Company, the increase in sales resulted from the towable and motorized RVs, which rebounded during early 2014 shortly after severe winter weather. Bob Martin, Thor's President and CEO, said, "As we emerged from the tough conditions of the past winter, we were able to post improvements in sales and bottom-line results for the third quarter. We are in the process of addressing production capacity challenges as we are in the early stages of ramping up our newest motorized production facility in Elkhart, resulting in some short-term costs and inefficiencies which we expect will result in long-term gains in our operations." The full analyst notes on Thor are available to download free of charge at:
http://www.analystsreview.com/Jun-20-2014/THO/report.pdf
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Motorcar Parts of America, Inc. Analyst Notes
On June 16, 2014, Motorcar Parts of America, Inc. (Motorcar Parts of America) reported its Q4 FY 2014 and full year FY 2014 (period ended March 31, 2014) financial results. Quarterly net sales increased 32.1% YoY to $76.7 million. Net income was $3.1 million, or $0.19 per diluted share, versus net loss of $73.7 million, or $5.08 per diluted share in Q4 FY 2013. For the full year FY 2014 net sales increased 21.4% YoY to $258.7 million. Net income was $107.4 million, or $7.01 per diluted share versus net loss of $91.5 million, or $6.36 per diluted share in full year FY 2013. According to the Company, the net income and net loss for both periods were impacted by the Company's former discontinued undercar business. Selwyn Joffe, Chairman, President and CEO of Motorcar Parts of America, said, "We anticipate our solid growth will continue on a year-over-year basis, supported by an aging vehicle population, new product introductions and further opportunities for manufacturing and distribution leverage." The full analyst notes on Motorcar Parts of America are available to download free of charge at:
http://www.analystsreview.com/Jun-20-2014/MPAA/report.pdf
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Visteon Corporation Analyst Notes
On June 12, 2014, Visteon Corporation (Visteon) announced that its board of directors has extended the employment contract of Timothy D. Leuliette, President and CEO. According to the Company, Leuliette whose current contract was to expire on December 31, 2015, has now been extended through 2017. The Company stated that Leuliette served as President and CEO since October 1, 2012. Francis M. Scricco, Chairman of Visteon's Board of Directors, said, "Under Tim's leadership, Visteon has created significant value for customers and shareholders by delivering on the strategic plan first articulated in September 2012." The full analyst notes on Visteon are available to download free of charge at:
http://www.analystsreview.com/Jun-20-2014/VC/report.pdf
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WABCO Holdings Inc. Analyst Notes
On June 10, 2014, WABCO Holdings Inc. (WABCO) announced that it successfully acquired the remaining 3.16% of Transics International, thus owning 100% of its securities. The Company announced that it acquired 96.84% of Transics International shares for a net consideration of €95.8 million on February 13, 2014. WABCO informed that for both the transactions it paid net consideration of €99.9 million in total. Nick Rens, WABCO's Executive Officer and Vice President, Trailer Systems, Aftermarket, and Off-Highway, said, "We reiterate that the synergy of WABCO and Transics superbly aligns with a WABCO strategic objective to further grow business with fleets around the world as we expand our portfolio of innovative solutions tailored to the specific needs of our global customer base." The full analystnotes on WABCO are available to download free of charge at:
http://www.analystsreview.com/Jun-20-2014/WBC/report.pdf
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