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...
concern earnings estimates
There's concern that earnings estimates will have to be reduced.
boon bottom business certainly full helped luxury moment pay people price willing
It's certainly a boon to the luxury business. That exclusivity has made more people willing to pay full price for merchandise the moment they think they can get it, which has helped the bottom line.
boon certainly luxury
It's certainly a boon to the luxury business.
august bit bottom line month planned princess variety whether wide
We've had a wide variety of excuses, whether it be Princess Diana's funeral, the weather, El Nino... Bottom line is August was better than planned and it stole a little bit from the month of September.
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.
comparison retailers weather
Comparison would have been even better for some of those retailers if you would have had better weather in the Northeast.
among apparel goes improve mixed overall pressure prices showing situation specialty year
Apparel overall is showing a mixed picture. There's been a lot of pressure on the apparel side, particularly among specialty retailers, to keep prices down but we think that situation will improve as the year goes on.
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.
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.
basically bright consumers economy half outlook second seeing spending year
Basically the economy is sluggish. We are seeing consumers resisting spending and the outlook for the second half of the year is not as bright as it had been. Even Wal-Mart said its second half will not be as strong.
among certainly christmas consumer december depend drive helped january looking promotions sales spread
As you can see, Christmas is spread out -- not just among December but among January as well. Promotions certainly helped to drive those sales and you can see what the consumer is looking for. It all depend on price.
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.
basic certainly fashion full goods mix order sell
Gap's basic and fashion merchandise is certainly not getting the right mix in order to sell more goods at full price.