Neely Tamminga
Neely Tamminga
annual authentic belief brands continue deliver earnings growth helped margin operating styles unique
In the belief that this purveyor of authentic brands and unique styles will continue to deliver annual earnings growth of at least 30% helped by comp growth, new-store expansion, and operating margin gains, we reiterate our 'outperform' rating.
chains coming department dollars hands home market share store target terms
In terms of market dynamics, there are many hands in the market share grab. Wal-Mart, Target and department store chains like J.C. Penney and Kohl's will see incremental dollars coming into home furnishing as well.
cycles housing product tied
We think 'home' fundamentals are tied to product cycles and not the housing cycles.