Ken Perkins
Ken Perkins
apparel casual clothes frequently men sales shop
Sales of men's apparel has been lagging for some time. Men usually don't shop as frequently as women. When they do, there's only so much of casual clothes men really need.
bubble business extent given hang hat pickup previous profits rebound recovery spending
Profits are on the rebound but is it sustainable? Given the extent of the previous bubble in tech, the recovery should be slower. There's a whiff of a pickup in business spending but not enough to hang your hat on just yet.
aware best buy faces half investors looking obvious rose sales second tougher
One obvious explanation (for the weakness) is that investors are aware that Best Buy faces much tougher sales comparisons, particularly in the second half of the year. Looking at the numbers, second-quarter sales were up 7.8 percent, third-quarter sales rose 5.8 percent.
anniversary company marks month next positive sales time
Next month is the first time the company marks the anniversary of positive sales comparisons. From here on, the comparisons get increasingly difficult.
against earnings growth half next second steep year
The deceleration in earnings growth is a significant concern. Techs are up against steep comparisons in the second half of this year and the first half of next year,
consumer factors number
There were a number of factors that dampened consumer spending,
beating consumer couple environment greatest last psyche taken
It's not the greatest macro environment to be going into. The psyche of the consumer has taken a beating the last couple of months,
bottom customers fewer fighting holiday line margins retailers watch
They're going to have to watch the bottom line and the margins very closely, ... This holiday season, retailers are going to be fighting for customers and fewer discretionary dollars.
consumers felt gas growth higher job pinch prices
Consumers really felt the pinch of higher gas prices and job growth is stagnant.
among blamed expected gas good last missed nice numbers prices retailers seeing surprises trend upside
The numbers look pretty good so far. We are seeing more surprises to the upside and this is a nice reversal of the trend that we had expected last month. Even among those retailers who missed our forecast, not many of them blamed gas prices for it.
despite difficult february good last percent results sales today
We're getting some very good results today despite the very difficult 6.7 percent February same-store sales comparisons from last year.
both difficult facing form gain hurdle last limited percent retailers seen september year
We've already seen some big disappointments in both Limited and Ann Taylor. Up front, retailers are also facing their most difficult hurdle of the year in the form of a 6.1 percent gain racked up in September last year.
effect energy higher prices
We are going to see the effect of higher energy prices trickle up to the middle-income consumers.
district judged school seem valid
When you say a school and a district is going to be judged on this, and then it's not a valid test, that doesn't seem right.