But higher costs were enough to hit operating income in the quarter, which grew only 7 percent, compared to a 7.4 growth rate for the comparable nine months. Despite these issues, the quarter held up very well and the holiday quarter should hold up nicely, - Richard Hastings Quotes
But higher costs were enough to hit operating income in the quarter, which grew only 7 percent, compared to a 7.4 growth rate for the comparable nine months. Despite these issues, the quarter held up very well and the holiday quarter should hold up nicely, Richard Hastings
 Income

More - Richard Hastings Quotes

We're already seeing heavy markdowns particularly in apparel, - Richard Hastings Quotes

We're already seeing heavy markdowns particularly in apparel,

Richard Hastings

 
We're already seeing heavy markdowns particularly in apparel. - Richard Hastings Quotes

We're already seeing heavy markdowns particularly in apparel.

Richard Hastings

 
There are five business days until the comparable-store sales figures come out. Stores will be assessing things, and we could see some warnings, if they haven't done well. - Richard Hastings Quotes

There are five business days until the comparable-store sales figures come out. Stores will be assessing things, and we could see some warnings, if they haven't done well.

Richard Hastings

 Business
Consumers are benefiting from a combination of tax stimulus, new products, good apparel fashions and compelling prices. - Richard Hastings Quotes

Consumers are benefiting from a combination of tax stimulus, new products, good apparel fashions and compelling prices.

Richard Hastings

 
Prices are much firmer in the high-end product arena than in the moderate price discount arena. - Richard Hastings Quotes

Prices are much firmer in the high-end product arena than in the moderate price discount arena.

Richard Hastings

 
Mass merchandising and discount retailing is moving in a big way toward private labels and exclusive designer brands, ... That Wal-Mart is rumored to be contemplating something like this is logical, given the trend in the industry. - Richard Hastings Quotes

Mass merchandising and discount retailing is moving in a big way toward private labels and exclusive designer brands, ... That Wal-Mart is rumored to be contemplating something like this is logical, given the trend in the industry.

Richard Hastings

 
The company is showing stable business improvement and there's a higher probability the stock will shoot higher in the near-term. - Richard Hastings Quotes

The company is showing stable business improvement and there's a higher probability the stock will shoot higher in the near-term.

Richard Hastings

 Business
Weaker spending on seasonal goods has been building up for four months now. The two factors hurting consumers particularly at the low- and middle-income levels are that wages have not grown and gasoline prices could go even higher. - Richard Hastings Quotes

Weaker spending on seasonal goods has been building up for four months now. The two factors hurting consumers particularly at the low- and middle-income levels are that wages have not grown and gasoline prices could go even higher.

Richard Hastings

 
I'm expecting the holidays to be a stimulating environment for (sales) growth, ... But the deeper discounts could also mean that profit margins will be off for some retailers. - Richard Hastings Quotes

I'm expecting the holidays to be a stimulating environment for (sales) growth, ... But the deeper discounts could also mean that profit margins will be off for some retailers.

Richard Hastings

 Environment
China could choose to retaliate against yesterday's announcement by hiking up prices on a key export to the U.S. or suspending purchase of certain commodities from the U.S, - Richard Hastings Quotes

China could choose to retaliate against yesterday's announcement by hiking up prices on a key export to the U.S. or suspending purchase of certain commodities from the U.S,

Richard Hastings

 
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