[But industry observers are reining in the optimism.] I think it's a cheap stock, but it's cheap for a reason, ... The company's core market has changed and it's attempting to change with it in order to keep up. But it's a real uphill battle. |
At first glance, people probably thought the whole company was up for sale. People had a night to sleep on it. |
August sales momentum slowed, |
Excluding lead paint, the underlying fundamental story here is just tremendous. |
Home Depot is clearly serious about building the supply business. |
Home Depot is seeing really good performance on sales and payback from some of the productivity initiatives and efficiency improvements they've put in place, |
Home Depot is seeing really good performance on sales and payback from some of the productivity initiatives and efficiency improvements they've put in place. |
I think it's a cheap stock, but it's cheap for a reason. The company's core market has changed and it's attempting to change with it in order to keep up. But it's a real uphill battle. |
It was an OK quarter from the top line perspective, but the results were weaker than expected, largely due to the floor care business. |
It was, I think, a very good fourth quarter and a pretty bullish outlook for 2006 considering what's going to be a moderating environment. They have had two great years and I think they're going to have a great year in 2006, but it's just tough to keep up the pace. |
It's a business that's in very good control in terms of managing expenses and also seeing benefits of some pretty decent sales growth. |
It's a significant restructuring, |
It's certainly not business as usual. There's clearly a pretty meaningful transformation in the strategy at the company that's taking place. |
Newell will continue to struggle until it can sustain meaningful consolidated revenue growth. We are not sure why the current restructuring will create a meaningfully different result than the last restructuring. |
Our analysts make money by helping our customers make money. We have one customer: institutional investors. We don't waste time on road shows or running out ground balls for investment bankers. |