Ken Perkins
Ken Perkins
district judged school seem valid
When you say a school and a district is going to be judged on this, and then it's not a valid test, that doesn't seem right.
despite difficult february good last percent results sales today
We're getting some very good results today despite the very difficult 6.7 percent February same-store sales comparisons from last year.
arrival boost clearly consumer cooler falling gas gave last late october prices weather weeks
Clearly falling gas prices coupled with the late arrival of cooler weather in the last two weeks of October gave a boost to consumer spending.
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.
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.
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.
consumers felt gas growth higher job pinch prices
Consumers really felt the pinch of higher gas prices and job growth is stagnant.
analyst nightmare numbers october
These numbers are not good. As one analyst put it, October will be the nightmare before Christmas.
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.
aware best buy faces half investors looking obvious rose sales second tougher
One obvious explanation (for the weakness) is that investors are aware that Best Buy faces much tougher sales comparisons, particularly in the second half of the year. Looking at the numbers, second-quarter sales were up 7.8 percent, third-quarter sales rose 5.8 percent.
argue
You could still argue that they are still too bullish,
anniversary company marks month next positive sales time
Next month is the first time the company marks the anniversary of positive sales comparisons. From here on, the comparisons get increasingly difficult.
below earnings expected further grow growth last plenty retail
Fourth-quarter retail earnings are expected to grow 13.5 percent. That's below last year's growth and could come down further if we see plenty of promotions.
consumer finding last resilient ways year
The American consumer has been particularly resilient over the last year plus, ... They're finding ways to spend.