Wal-Mart dropped a bomb on the market with earnings guidance at the low end of its 82-86 cents range, as they clearly saw some margin pressure and most likely increased advertising and promotional expenses. - Ken Perkins Quotes
Wal-Mart dropped a bomb on the market with earnings guidance at the low end of its 82-86 cents range, as they clearly saw some margin pressure and most likely increased advertising and promotional expenses. Ken Perkins
 Guidance

More - Ken Perkins Quotes

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.

Ken Perkins

 
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.

Ken Perkins

 
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.

Ken Perkins

 
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.

Ken Perkins

 
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.

Ken Perkins

 Company
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.

Ken Perkins

 
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.

Ken Perkins

 
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.

Ken Perkins

 
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.

Ken Perkins

 Energy
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.

Ken Perkins

 
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