Colin McGranahan
Colin McGranahan
affect bad comparable earnings gap home logical percent raise reasons remains reports sales war weather whether
Bad weather and the war did affect Lowe's sales in the quarter. That's the logical assumption. But whether that was 100 percent of the reasons for disappointing sales remains to be seen. If Home Depot reports better earnings and the comparable sales gap between Home Depot and Lowe's narrows, that will raise questions,
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.
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.
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.
curtains home shower
You can't get shower curtains in a Home Depot. You can at Lowe's,
february january time tv year
January and February is actually a pretty important time of the year for the TV cycle.
confidence decent front good housing situation visibility yang
You've got ying and yang going on here. You've got a decent company-specific story and confidence with the strategy, but you also have an incremental worsening situation on the housing front and no visibility into any good news.
building fancy hope money spend
We hope they don't spend a lot of shareholders' money building a fancy building.