102 ordspråk av Ken Perkins

Ken Perkins

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If results are in line with expectations, that would mean the season was okay. It wouldn't be a blowout, but it wouldn't be a disaster either -- just sort of ho-hum. So, we'll see what happens.

Wal-Mart dropped a bomb on the market with earnings guidance at the low end of its 82-86 cents range, as they clearly saw some margin pressure and most likely increased advertising and promotional expenses.

Most retailers were more aggressive on the promotional front this year than last year, as they tried to drive traffic and compete with the likes of Best Buy and Wal-Mart.

The teen specialty space blew the cover off the ball again. They had a fabulous month.

I don't know if you can categorize it as anything but disappointing. Clearly they were experiencing some margin pressure because of their discounts.

The consumer has not run out of gas yet, provided the job market continues to remain fairly decent.

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.

It was a complete egg that was laid there. By all accounts, they got killed in apparel.

It looks good so far. The results are better than expected.

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,

This point last year, the Iraq war certainly did hurt consumer spending, ... Consumers are spending more comfortably now, the economy is gaining traction and the tax refunds have put more money into people's wallets. Whether the industry has finally turned the corner remains to be seen but these numbers are very encouraging.

You could still argue that they are still too bullish,

For the past two to three years, this sector is struggling very hard in terms of trying to excite the consumer, with the exception of the high-end players like Nordstrom or Neiman Marcus.

Weather transitioned from a major negative in May to a major positive in June,

The news has been pretty positive given the headwinds consumers and retailers alike have been facing, ... encouraging.

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