Scot Ciccarelli
Scot Ciccarelli
dollar growth huge price seen
You've seen huge growth in units, but very substantial price compression, dollar growth more limited,
bigger categories consumer higher led lower performing points price retail strongest ticket volume
Consumer electronics was one of the strongest performing categories in the retail segment. Lower price points led to higher volume on bigger ticket items.
believe business direct hoping method moves opposed product profitable recognizes retail shelves stocking
Everyone recognizes direct and build-to-order is a more profitable business method as opposed to stocking your shelves and hoping the product moves off of them, but I don't believe that retail is going away either.
material progress solid
It was a solid quarter. They are making material progress on their turnaround.
best buy chocolate flavor matter prefer scholars-and-scholarship
It's a matter of chocolate or vanilla, and I would prefer the Best Buy flavor at this point,
bad believer consumer cycle environment levels negative positive product remain rest traffic upgrade
I'm positive on the industry, negative on consumer spending. But I'm a big believer in this product upgrade cycle we're in, ... Traffic levels remain positive for the rest of this season, and the promotional environment is not as bad as we think.