102 ordspråk av Ken Perkins

Ken Perkins

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January is turning out to be a real surprise to the positive. So far the same-store numbers that we're getting aren't bad at all.

Retailers last month were up against some stiff comparisons from a year ago. But it looks like consumers continued to take advantage of post-holiday bargains as well as redeem the gift cards received during the holidays.

Lundgren will really have to succeed in pulling something very different out of the hat if this [merger] is to succeed,

We're getting some very good results today despite the very difficult 6.7 percent February same-store sales comparisons from last year.

Pier 1 hasn't posted a comparable sales increase since March last year. The retailer is struggling badly with their merchandising and I don't think their marketing is compelling either.

The tough head winds are definitely there but March was still a decent month,

Instead of hearing about gas woes, we actually saw a handful of companies raise their earnings estimates. That was a nice surprise.

That's well above the long term average of 54 percent beating and 42 percent falling short of expectations.

Early going, consumers are hanging in there, despite facing significant pressure on the their discretionary income,

Strength was broad-based across all retailing groups except the drugstore segment. Drugstores, hurt by weakness in pharmacy (comparable sales), were the only major retailing segment to fall short of expectations.

Gas prices have a significant impact on the consumer psyche,

The first-quarter forecast is for earnings to grow 10.5 percent, although that estimate may drift lower.

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.

There doesn't seem to be anything suggesting there is going to be a boom in spending in the second half, so estimates are probably a little bit high like last year.

Clearly falling gas prices coupled with the late arrival of cooler weather in the last two weeks of October gave a boost to consumer spending.

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