Ken Perkins
Ken Perkins
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.
finally gains great month numbers sales seen
We've finally got a great February. The first set of numbers indicates that this was a blowout month with the kind of sales gains that we haven't seen in a while.
apparel august bulk consumers indication month positive provide sales showing signs spending strongest
August is the big month because that's when the bulk of the back-to-school revenues are generated, ... But we got some very positive signs in July, especially with apparel sales showing the strongest monthly gains. Apparel sales are important because they provide the first indication of how consumers are spending their discretionary income.
appear commerce conditions economic improved iraq last march month people run shopping year
Economic conditions have improved significantly from March last year when commerce was impeded for much of the month by the run up to the Iraq war. People do appear to be shopping more.
aggressive best buy circuit city held holiday looks moving player players primary share taking tried
Best Buy traditionally has been the primary player here and taking share very aggressively from some of the other players in the space, but Circuit City looks to have held their own here this holiday season. The discounters have tried to get into the space. Wal-Mart's been very aggressive in moving in there.
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.
consumer finding last resilient ways year
The American consumer has been particularly resilient over the last year plus, ... They're finding ways to spend.
above average beating falling percent short term
That's well above the long term average of 54 percent beating and 42 percent falling short of expectations.
bad far january numbers surprise turning
January is turning out to be a real surprise to the positive. So far the same-store numbers that we're getting aren't bad at all.
below earnings expected further grow growth last plenty retail
Fourth-quarter retail earnings are expected to grow 13.5 percent. That's below last year's growth and could come down further if we see plenty of promotions.
happening housing levels market seems spending
If the housing market just levels off, which seems to be happening right now, we'll be OK. But if there's a precipitous drop, then spending could really fall.
cheaper discount hurting impact marginal products stores
Is Wal-Mart also hurting its business? I think cheaper products at the discount stores did have a marginal impact on the company's sales.
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.
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.