Jeff Stinson
Jeff Stinson
beginning biggest company declines earnings expansion last margin move optimistic outlook people reason saw seeing stock visibility
You saw a little better earnings than expected, a more optimistic outlook for full-year earnings, and people beginning to see margin expansion for the company after some declines over the last 18 months. That visibility is the biggest reason you're seeing the stock move up.
casts challenge close faces gap improve investment numbers pace peers store whether
I think the challenge Kmart really faces right now is whether it's going to be able to keep pace with Wal-Mart and Target, and can they improve the big investment in store value. ...To close the gap between your peers casts a lot of uncertainty on the numbers and expectations.
frequent people stores task
...Half of its task is getting people in the stores on a more frequent basis.
built business costco ingrained
It's the way Costco built their business model, and now it's ingrained in their culture.
business cents challenge change chuck company effect held issues last loss managing plans saw steps team trying turnaround
Chuck and his team have been able to put their turnaround plans in place and take steps to change those issues that have held back the company over last 20 years. The challenge is kind of managing the business day to day while trying to effect all these changes. That's why we saw the loss of two cents during the quarter.
bring businesses competition
I think it would bring in more businesses down here, probably bring in more competition.