102 ordspråk av Ken Perkins

Ken Perkins

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Everybody is waiting to see whether they can carry the momentum they've built this year into next year despite the tough holiday period.

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.

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.

Gas prices have a significant impact on the consumer psyche,

Gas prices have a significant impact on the consumer psyche. These lower prices should be a boon to U.S. retailers ahead of the holiday crunch.

Given that Super Bowl is scheduled one week later this year, discounters that have significant food and beverage sales may see some sales transferred out of January into February.

High energy prices coupled with uncertainty regarding future economic growth and the job situation appear to be disproportionately impacting low-end consumers and hurting sales.

I am very perplexed by these results. I had expected 50 percent of the 64 retailers that we track would have missed their sales forecasts. But two-third of that universe have beat so far.

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

I don't think it would have too much impact [on the rest of the year] even if we ended up with a decline. The second quarter is essentially in the book.

I thought the result would have been a little more even because of the dire news that we were getting after Thanksgiving about slowing sales. So this (sales showing) is a pleasant surprise,

I wouldn't read this at all as a shift in consumer trends. Discounters are benefiting from a weak economy and they have been taking market share from department stores.

I'm concerned that Wal-Mart could be the harbinger of some broader weakness. With everything they had going for them, Wal-Mart still came in at the low end of a not-very-aggressive plan. I wouldn't be surprised if we'll see more companies miss expectations than beat expectations.

If numbers are better than expected and the news is good for second quarter outlooks, then we could rally on that. But I think the results are pretty much baked into the cake here.

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.

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Ordspråkshjältar
Hjälp till!

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