Richard Schulze
Richard Schulze
ability earnings economic estimates exceed profits record report view
In view of the challenging economic environment, our ability to report record profits and exceed earnings estimates is particularly gratifying,
best buy consumers deliver digital economy enable entertainment player presence technology
These acquisitions will enable Best Buy to deliver the digital economy to more consumers and will substantiate our presence as the pre-eminent technology and entertainment player in the world,
both company decade forward invaluable leadership past propel proven vision
Brad's insights have been invaluable to me over the past 29 years. He has proven that he has both the vision and the leadership to propel the company forward into a new decade of growth,
again among best build consistent current deliver fiscal goal intend level performance performer pleased strong success track
Best Buy's goal is to be a consistent top-quartile performer among all retailers, ... I am pleased that we are on track to deliver at that level yet again in the current fiscal year. We intend to build on the current year's success with another strong performance in fiscal 2003.
brand bullish certainly continue holiday mall shopping specialty stands stores testament traffic trend
We continue to be pretty bullish about the trend this holiday season. I didn't see any shopping mall specialty stores that had the kind of traffic we did, ... It's certainly a testament to what the brand stands for.
continues good gross mix news profitable realizing richer shift
The good news is the mix of merchandise continues to shift to more profitable product, and what we're realizing is richer gross margins.
choice choices facilities fulfill include longer travelers
The facilities no longer fulfill the expectations and requirements of our guests. Today's travelers have more choices and alternatives which include new state-of-the-art accommodations.
ability academic learned move philosophy reduced trial
His philosophy is he learned a lot through trial and error, and if any of that could be reduced in an academic setting, it would have accelerated his ability to move forward.
advantage growing last market pass product provide stock strategy succeed taking trend value
If you're going to succeed in growing market share, you need to have the product on the shelf, ... Our strategy is to be in stock and provide real value for consumers. The last thing we want to do is pass up an opportunity to take advantage of a trend we see taking place in our stores.
consumer controls drove earnings mix profitable sales spending tight
The combination of stronger-than-expected consumer interest, a more profitable sales mix and tight controls on spending drove our earnings well-above expectations,