Bill Dreher
Bill Dreher
believe colder february impact likely majority negative retailers sales sets spring store stores weather
We believe this will have a negative impact on February sales for the majority of our retailers as the much colder weather will likely impede store traffic, and sales of spring merchandise sets that are now in stores may be impacted.
division expected limited market percent share steal total
While Kohl's is expected to steal market share from Mervyn's, it should be limited to 1 to 2 percent of total division shares.
believe sales typical unusually update warm
We believe this update is a combination of management's typical conservatism and sales sluggishness from the unusually warm weather.