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Letter "K" » 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.»
«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.»
«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.»
«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.»
«This is the weakest monthly increase in same-store sales since November 2004.»
«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.»
«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.»
«We are going to see the effect of higher energy prices trickle up to the middle-income consumers.»