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Orchard Supply Hardware Stores Corp. (NASDAQ:OSH) will release first quarter results on July 8th, 2013

Boston, MA 06/07/2013 (wallstreetpr) – The shares of Orchard Supply Hardware Stores Corp. (NASDAQ:OSH) had surged to close at $2.95 per share, which was observed to be a gain of 24.47 percent over the previous closing price on Wednesday. The shares of the company had been trading at an intraday high price of $3.25 per share and an intraday low price of $2.45 per share.

Orchard Supply Hardware Stores Corp. (NASDAQ:OSH) is involved in the retail sales of products to meet the home owner’s repair, maintenance and home improvement needs. The company operates along with its wholly owned operating company subsidiary named Orchard Supply Hardware LLC and other directly or indirectly owned subsidiaries called collectively as Orchard. The merchandise mix of Orchard Supply Hardware Stores Corp. (NASDAQ:OSH) provides a variety of home needs product categories relating to repair and maintenance, lawn and garden and in – home products.

The specialty retailer had scheduled to release the financial results for the first quarter of fiscal year 2013 on July 08, 2013 following an annual shareholders meeting to be convened on June 17, 2013. The shares of Orchard Supply Hardware Stores Corp. (NASDAQ:OSH) had recently been surging up from their 52 week low price level of $1.41 per share and were also experiencing heavy trading volumes.

Orchard Supply Hardware Stores Corp. (NASDAQ:OSH) witnessed the trade of 3.31 million shares on Thursday, while the average trading volume is at 368,311 shares per day. The company presently holds 10.84 million shares outstanding in the market with an institutional ownership of 24 percent of its holdings.

Published by Flavia Carruth

Hi, I am Flavia and have done my MBA with finance as specialization and a Bachelor in Economics with 4 years of experience as Financial Analyst in leading Software Firm. I have passion for article writing, report making and stock market Analysis.

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