Bill Dreher
Bill Dreher
appears form holiday season
The shopper appears to be in mid-season form with the holiday season just having started.
focused income
I don't think it's a Wal-Mart problem. It's a demographic problem. If you were focused on the moderate-income sector, you were disappointed.
chains department discount line mostly results sales
The sales results from the department and discount chains were mostly in line with expectations.
absorb definitely others period position retailers though tough
Even though Wal-Mart is definitely in a better position than most retailers to absorb any shortfalls, others could be in for a very tough period ahead.
beneficial discount energy low prices tax
The low energy prices are more beneficial than any tax break, particularly for discount shoppers.
lower translate
Not only is there top-line pressure, but this is also going to translate into lower margins,
began concerned investor sponsored woo
Historically, Wal-Mart has only been concerned about the consumer. But 12 years ago, Wal-Mart began to woo the investor and sponsored fieldtrips to their headquarters. These were tremendously successful,
advertising aggressive good holiday job louder stealing
I think it all comes down to Wal-Mart's aggressive advertising campaign, ... They are being much louder with their campaign, and I think they've done a good job of stealing the 'early-bird' holiday shoppers.
advertising aggressive good holiday job louder stealing
I think it all comes down to Wal-Mart's aggressive advertising campaign. They are being much louder with their campaign, and I think they've done a good job of stealing the 'early-bird' holiday shoppers.
last month september simply stellar surpass
Any retailer who could not surpass expectations last month has to have company-specific problems. September was simply a stellar month.
basis break business cash cost costs run tire total
The tire business did break even on a cash basis but not on a full-loaded cost basis, or the total costs incurred to run that business.
health investors skeptical
Investors have been skeptical about the health of the U.S. consumer, and will use this to take profits.
customer discount earnings expect generating increases people price rational retailers sales seeing solid strong traffic
People are being much more rational with their expenditures. That's why we're seeing these discount price retailers generating strong customer traffic and solid sales increases. And we expect strong earnings increases from them.
buying christmas circle clearly confidence consumer decadent depress depressing four generous gift giving hog holiday issues levels numbers people presents question return shows spending three wide year
The same issues which are depressing the consumer confidence numbers are going to depress holiday sales, ... Christmas is going to show up this year as it shows up every year. The question is, how generous are people going to be? Are they going to go whole hog and return to the decadent spending levels of three or four years ago? No, clearly not. People are going to be buying toys, but how many presents they buy, how wide that circle of gift giving is really is in question.