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【TOP 50】Ken Perkins Quotes - WhatsApp Status | Page-1

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The first-quarter forecast is for earnings to grow 10.5 percent, although that estimate may drift lower. - Ken Perkins Quotes

The first-quarter forecast is for earnings to grow 10.5 percent, although that estimate may drift lower.

Best Buy traditionally has been the primary player here and taking share very aggressively from some of the other players in the space, but Circuit City looks to have held their own here this holiday season. The discounters have tried to get into the space. Wal-Mart's been very aggressive in moving in there. - Ken Perkins Quotes

Best Buy traditionally has been the primary player here and taking share very aggressively from some of the other players in the space, but Circuit City looks to have held their own here this holiday season. The discounters have tried to get into the space. Wal-Mart's been very aggressive in moving in there.

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. - Ken Perkins Quotes

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.

We've finally got a great February. The first set of numbers indicates that this was a blowout month with the kind of sales gains that we haven't seen in a while. - Ken Perkins Quotes

We've finally got a great February. The first set of numbers indicates that this was a blowout month with the kind of sales gains that we haven't seen in a while.

Next month is the first time the company marks the anniversary of positive sales comparisons. From here on, the comparisons get increasingly difficult. - Ken Perkins Quotes

Next month is the first time the company marks the anniversary of positive sales comparisons. From here on, the comparisons get increasingly difficult.

The consumer has not run out of gas yet, provided the job market continues to remain fairly decent. - Ken Perkins Quotes

The consumer has not run out of gas yet, provided the job market continues to remain fairly decent.

The American consumer has been particularly resilient over the last year plus, ... They're finding ways to spend. - Ken Perkins Quotes

The American consumer has been particularly resilient over the last year plus, ... They're finding ways to spend.

Everybody is waiting to see whether they can carry the momentum they've built this year into next year despite the tough holiday period. - Ken Perkins Quotes

Everybody is waiting to see whether they can carry the momentum they've built this year into next year despite the tough holiday period.

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. - Ken Perkins Quotes

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.

Profits are on the rebound but is it sustainable? Given the extent of the previous bubble in tech, the recovery should be slower. There's a whiff of a pickup in business spending but not enough to hang your hat on just yet. - Ken Perkins Quotes

Profits are on the rebound but is it sustainable? Given the extent of the previous bubble in tech, the recovery should be slower. There's a whiff of a pickup in business spending but not enough to hang your hat on just yet.

Most retailers were more aggressive on the promotional front this year than last year, as they tried to drive traffic and compete with the likes of Best Buy and Wal-Mart. - Ken Perkins Quotes

Most retailers were more aggressive on the promotional front this year than last year, as they tried to drive traffic and compete with the likes of Best Buy and Wal-Mart.

Given that Super Bowl is scheduled one week later this year, discounters that have significant food and beverage sales may see some sales transferred out of January into February. - Ken Perkins Quotes

Given that Super Bowl is scheduled one week later this year, discounters that have significant food and beverage sales may see some sales transferred out of January into February.

Food

That's 2.1 percentage points below the norm that we've seen. - Ken Perkins Quotes

That's 2.1 percentage points below the norm that we've seen.

Gas prices have a significant impact on the consumer psyche. These lower prices should be a boon to U.S. retailers ahead of the holiday crunch. - Ken Perkins Quotes

Gas prices have a significant impact on the consumer psyche. These lower prices should be a boon to U.S. retailers ahead of the holiday crunch.

I don't know if you can categorize it as anything but disappointing. Clearly they were experiencing some margin pressure because of their discounts. - Ken Perkins Quotes

I don't know if you can categorize it as anything but disappointing. Clearly they were experiencing some margin pressure because of their discounts.

I am very perplexed by these results. I had expected 50 percent of the 64 retailers that we track would have missed their sales forecasts. But two-third of that universe have beat so far. - Ken Perkins Quotes

I am very perplexed by these results. I had expected 50 percent of the 64 retailers that we track would have missed their sales forecasts. But two-third of that universe have beat so far.

I thought the result would have been a little more even because of the dire news that we were getting after Thanksgiving about slowing sales. So this (sales showing) is a pleasant surprise, - Ken Perkins Quotes

I thought the result would have been a little more even because of the dire news that we were getting after Thanksgiving about slowing sales. So this (sales showing) is a pleasant surprise,

News

It wasn't a blowout month for this group. - Ken Perkins Quotes

It wasn't a blowout month for this group.

That number may go up to 3.9 percent growth now. - Ken Perkins Quotes

That number may go up to 3.9 percent growth now.

April comps will reap the benefits of Easter holiday sales. But as usually is the case with March and April, it's best to view the two months on a combined basis. Retailers find themselves against a stiff 7.1 percent gain a year ago, - Ken Perkins Quotes

April comps will reap the benefits of Easter holiday sales. But as usually is the case with March and April, it's best to view the two months on a combined basis. Retailers find themselves against a stiff 7.1 percent gain a year ago,

Is this just a blip on the radar? I think it could be, ... The economy seems to be snapping back. The third-quarter GDP number was a blowout number. I don't think it will be that great in the fourth quarter, but consumer spending will hold through the holidays. Also, retailers will be benefiting from easier comparisons in November and December. - Ken Perkins Quotes

Is this just a blip on the radar? I think it could be, ... The economy seems to be snapping back. The third-quarter GDP number was a blowout number. I don't think it will be that great in the fourth quarter, but consumer spending will hold through the holidays. Also, retailers will be benefiting from easier comparisons in November and December.

All groups showed comparable sales up over 5 percent for the month, ... The economy is certainly an element of the upside surprises. We saw back-to-back quarters of GDP growth. People also anticipate a significant amount of fiscal spending particularly in an election year. This bodes well for consumer sentiment. - Ken Perkins Quotes

All groups showed comparable sales up over 5 percent for the month, ... The economy is certainly an element of the upside surprises. We saw back-to-back quarters of GDP growth. People also anticipate a significant amount of fiscal spending particularly in an election year. This bodes well for consumer sentiment.

By and large, retailers kept inventories tight and gift card redemptions also boosted sales. - Ken Perkins Quotes

By and large, retailers kept inventories tight and gift card redemptions also boosted sales.

Sales

The deceleration in earnings growth is a significant concern. Techs are up against steep comparisons in the second half of this year and the first half of next year, - Ken Perkins Quotes

The deceleration in earnings growth is a significant concern. Techs are up against steep comparisons in the second half of this year and the first half of next year,

On the economic front, there haven't been significant improvements in jobs and wage growth, and the comparable sales comparisons are only getting tougher, ... It sounds reasonable to expect big discounts this year. The macro factors would suggest it. - Ken Perkins Quotes

On the economic front, there haven't been significant improvements in jobs and wage growth, and the comparable sales comparisons are only getting tougher, ... It sounds reasonable to expect big discounts this year. The macro factors would suggest it.

The Conference Board's November consumer confidence Index fell in November for the fourth consecutive month and was noticeably weak among lower income consumers. - Ken Perkins Quotes

The Conference Board's November consumer confidence Index fell in November for the fourth consecutive month and was noticeably weak among lower income consumers.

For the past two to three years, this sector is struggling very hard in terms of trying to excite the consumer, with the exception of the high-end players like Nordstrom or Neiman Marcus. - Ken Perkins Quotes

For the past two to three years, this sector is struggling very hard in terms of trying to excite the consumer, with the exception of the high-end players like Nordstrom or Neiman Marcus.

Past

Weather transitioned from a major negative in May to a major positive in June, - Ken Perkins Quotes

Weather transitioned from a major negative in May to a major positive in June,

Weather transitioned from a major negative in May to a major positive in June. - Ken Perkins Quotes

Weather transitioned from a major negative in May to a major positive in June.

The news has been pretty positive given the headwinds consumers and retailers alike have been facing, ... encouraging. - Ken Perkins Quotes

The news has been pretty positive given the headwinds consumers and retailers alike have been facing, ... encouraging.

News

I wouldn't read this at all as a shift in consumer trends. Discounters are benefiting from a weak economy and they have been taking market share from department stores. - Ken Perkins Quotes

I wouldn't read this at all as a shift in consumer trends. Discounters are benefiting from a weak economy and they have been taking market share from department stores.

April comps will reap the benefits of Easter holiday sales. But as usually is the case with March and April, it's best to view the two months on a combined basis. Retailers find themselves against a stiff 7.1 percent gain a year ago. - Ken Perkins Quotes

April comps will reap the benefits of Easter holiday sales. But as usually is the case with March and April, it's best to view the two months on a combined basis. Retailers find themselves against a stiff 7.1 percent gain a year ago.

Is this just a blip on the radar? I think it could be. The economy seems to be snapping back. The third-quarter GDP number was a blowout number. I don't think it will be that great in the fourth quarter, but consumer spending will hold through the holidays. Also, retailers will be benefiting from easier comparisons in November and December. - Ken Perkins Quotes

Is this just a blip on the radar? I think it could be. The economy seems to be snapping back. The third-quarter GDP number was a blowout number. I don't think it will be that great in the fourth quarter, but consumer spending will hold through the holidays. Also, retailers will be benefiting from easier comparisons in November and December.

On the economic front, there haven't been significant improvements in jobs and wage growth, and the comparable sales comparisons are only getting tougher. It sounds reasonable to expect big discounts this year. The macro factors would suggest it. - Ken Perkins Quotes

On the economic front, there haven't been significant improvements in jobs and wage growth, and the comparable sales comparisons are only getting tougher. It sounds reasonable to expect big discounts this year. The macro factors would suggest it.

As rates continue to rise, there's less ability for consumers to refinance and take money out of their houses. - Ken Perkins Quotes

As rates continue to rise, there's less ability for consumers to refinance and take money out of their houses.

Retailers are facing slightly more difficult year-over-year [sales] comparisons [in February] and the weather is unlikely to be as cooperative over the next two months as it was in January. - Ken Perkins Quotes

Retailers are facing slightly more difficult year-over-year [sales] comparisons [in February] and the weather is unlikely to be as cooperative over the next two months as it was in January.

Sales

Retailers racked up a terrific month, particularly relative to expectations. - Ken Perkins Quotes

Retailers racked up a terrific month, particularly relative to expectations.

There wasn't a lot of color offered in press releases this morning on this great performance, but given the number of retailers that indicated strong gift card sales over the holidays, it looks like there were some pretty strong gift card redemptions taking place in January. Warm weather appears to have helped drive traffic as well and it helped retailers sell spring merchandise at full price. - Ken Perkins Quotes

There wasn't a lot of color offered in press releases this morning on this great performance, but given the number of retailers that indicated strong gift card sales over the holidays, it looks like there were some pretty strong gift card redemptions taking place in January. Warm weather appears to have helped drive traffic as well and it helped retailers sell spring merchandise at full price.

January was a one of the warmest months in over a 100 years. So that not only drove sales of spring clothing and other seasonal merchandise earlier than usual but it also probably stole some sales from February. - Ken Perkins Quotes

January was a one of the warmest months in over a 100 years. So that not only drove sales of spring clothing and other seasonal merchandise earlier than usual but it also probably stole some sales from February.

Sales

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. - Ken Perkins Quotes

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.

You really have to take March and April as a package deal because of the 2 to 3 percentage point shift that usually takes place because of the Easter holiday. - Ken Perkins Quotes

You really have to take March and April as a package deal because of the 2 to 3 percentage point shift that usually takes place because of the Easter holiday.

This is the weakest monthly increase in same-store sales since November 2004. - Ken Perkins Quotes

This is the weakest monthly increase in same-store sales since November 2004.

Sales

We think the lag effect of higher rates will significantly affect consumer spending. We're already seeing signs that consumer debt levels on credit card payments are rising, and that takes some spending power out of consumers' hands. - Ken Perkins Quotes

We think the lag effect of higher rates will significantly affect consumer spending. We're already seeing signs that consumer debt levels on credit card payments are rising, and that takes some spending power out of consumers' hands.

Debt

Part of the story is that retailers did have very easy comparisons from a year ago. But I'm still very impressed with the strong sales trends. - Ken Perkins Quotes

Part of the story is that retailers did have very easy comparisons from a year ago. But I'm still very impressed with the strong sales trends.

Retailers last month were up against some stiff comparisons from a year ago. But it looks like consumers continued to take advantage of post-holiday bargains as well as redeem the gift cards received during the holidays. - Ken Perkins Quotes

Retailers last month were up against some stiff comparisons from a year ago. But it looks like consumers continued to take advantage of post-holiday bargains as well as redeem the gift cards received during the holidays.

We are going to see the effect of higher energy prices trickle up to the middle-income consumers. - Ken Perkins Quotes

We are going to see the effect of higher energy prices trickle up to the middle-income consumers.

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. - Ken Perkins Quotes

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.

The impressive part is that it's not just the luxury names posting strong numbers. The big numbers are coming in for the department stores and apparel names as well. - Ken Perkins Quotes

The impressive part is that it's not just the luxury names posting strong numbers. The big numbers are coming in for the department stores and apparel names as well.

There's a feeling that consumer spending could certainly get a boost as the first Fed rate cuts will have been in place for 8-9 months. And people will start receiving their checks from the tax rebate. Things are looking up for the retailers. I think the comparisons are looking better too. - Ken Perkins Quotes

There's a feeling that consumer spending could certainly get a boost as the first Fed rate cuts will have been in place for 8-9 months. And people will start receiving their checks from the tax rebate. Things are looking up for the retailers. I think the comparisons are looking better too.

We don't have an opinion or more importantly a vote one way or another. We're not thrilled with it ... but it's essentially up to the analysts. - Ken Perkins Quotes

We don't have an opinion or more importantly a vote one way or another. We're not thrilled with it ... but it's essentially up to the analysts.

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