Ken Perkins
Ken Perkins
appear consumers economic energy future growth high hurting job prices regarding situation
High energy prices coupled with uncertainty regarding future economic growth and the job situation appear to be disproportionately impacting low-end consumers and hurting sales.
beat broader came companies concerned low miss surprised
I'm concerned that Wal-Mart could be the harbinger of some broader weakness. With everything they had going for them, Wal-Mart still came in at the low end of a not-very-aggressive plan. I wouldn't be surprised if we'll see more companies miss expectations than beat expectations.
cold consumer experience good likely oil price prices remains sign spending winter
If the price of oil remains between $45 to $50 a barrel, that's not a good sign especially if we experience a very cold winter. Heating oil prices will go up and that's likely to dampen consumer spending during the winter months.
disaster either line mean results season sort
If results are in line with expectations, that would mean the season was okay. It wouldn't be a blowout, but it wouldn't be a disaster either -- just sort of ho-hum. So, we'll see what happens.
consumers felt gas growth higher job pinch prices
Consumers really felt the pinch of higher gas prices and job growth is stagnant.
among blamed expected gas good last missed nice numbers prices retailers seeing surprises trend upside
The numbers look pretty good so far. We are seeing more surprises to the upside and this is a nice reversal of the trend that we had expected last month. Even among those retailers who missed our forecast, not many of them blamed gas prices for it.
analyst nightmare numbers october
These numbers are not good. As one analyst put it, October will be the nightmare before Christmas.
beating consumer couple environment greatest last psyche taken
It's not the greatest macro environment to be going into. The psyche of the consumer has taken a beating the last couple of months,
complete egg laid
It was a complete egg that was laid there. By all accounts, they got killed in apparel.
concerned earnings hit investors sales unless
That's a pretty long stretch, and investors are concerned that earnings could take a hit unless sales improve.
bottom customers fewer fighting holiday line margins retailers watch
They're going to have to watch the bottom line and the margins very closely, ... This holiday season, retailers are going to be fighting for customers and fewer discretionary dollars.
argue
You could still argue that they are still too bullish,
double earnings good increases last ok quarters third year
The first two quarters of last year were OK but not stellar. If we still have double digit increases in earnings during the third quarter, that would be good news.
growth market prospects shape terrible
The market is in terrible shape and the prospects for growth are not good,