Colin McGranahan
Colin McGranahan
board buy clearly courting doubt invest management million remains stake start strategy
He's clearly having real discussions with Pier 1's management and its board to buy a part of the business. Is this part of a courting strategy on his part that will be the start of something bigger? That remains to be seen, but I doubt this is all he wanted. It doesn't make sense to invest $100 million in a stake to buy a $15 million business.
curtains home shower
You can't get shower curtains in a Home Depot. You can at Lowe's,
category clearly environment perform
It was clearly a TV- and MP3-centric Christmas, and this was a category that really did perform well. And the promotional environment was not too bad.
environment given home immune steps taking
Home Depot is taking the right steps given the environment. No one is immune from that environment.
crank wants
He probably wants to crank it back a notch.
december generally home housing meeting poor positive release somewhat yesterday
Even Home Depot's generally positive meeting yesterday was somewhat marred by the release of poor December housing starts.