Dana Telsey
Dana Telsey
Dana Telseyin New York City, New York) is the CEO and Chief Research Officer of Telsey Advisory Group. She is an American consultant and top-ranked equity research analyst covering the retail industry. Telsey has been ranked for 13 years, and was the number one ranked analyst by Institutional Investor Magazine for seven years...
declines giving negative sales selling
They don't have enough promotional inventories in the stores. They'll only be selling full-price and they're already giving out warnings of negative same-store sales declines in February.
company despite due open quarter rising sales saying second sees stock stores weakness year yesterday
The weakness in the stock price, despite the better-than-expected earnings, is due to the company saying it sees same-store sales (sales at stores open a year or more) in the second quarter rising 2-to-4 percent, when yesterday (Monday), Lowe's said 4-to-6 percent.
certainly changed christmas companies continue good overall pick retail sales season seen stocks struggling
Projections for the Christmas season really haven't changed very much. While some of the retail stocks certainly have come back a lot, we haven't seen sales overall pick up dramatically. The good companies like the Gap, are still doing very well, while the companies that have been struggling continue to do so.
behind retailers sales
Sometimes when retailers get big same-store sales increases, you have to look behind the numbers.
august beaten both christmas crucial half news positive reports retail retailers sales second seeing stocks strength year
You're getting quarterly reports and news about August sales this week, and retail stocks have also been beaten down, so you're seeing some strength in the sector. Retailers have managed their second half of the year well, which is positive for back-to-school and Christmas sales, both crucial for the sector.
biggest bit certainly holiday last season week
The holiday season was a little bit choppy. We started off strong, it dipped in the middle, and this last week certainly was the biggest week.