No doubt, Pier 1 has a substantial brand equity, ... My suspicion is that Buffett sees through the current problems and has confidence in whatever new vision and strategy the company is working on that isn't apparent yet to outsiders.
More Quotes from Craig Johnson:
A lot of our water is too polluted to be used for fishing, and swimming.Craig Johnson
These are very strong numbers that point to a company operating on all cylinders. I don't care what kind of business you are. When you have annual sales of 43 billion, and you're growing you're top line at this rate, you're doing an exceptional job.
Craig Johnson
Corporations tend to get involved when things are smooth and money is flowing. Fewer stick with it in tough times,
Craig Johnson
We've never done a coordinated music effort. Everything else we've done has been around a holiday - Halloween, Mardi Gras, half way to Mardi Gras, St. Patrick's Day.
Craig Johnson
Clearly this meeting signals a bona fide interest on Wal-Mart's part in the Indian market, ... India is a huge market and its fast-growing consumer sector is a precise fit for Wal-Mart's overall strategy.
Craig Johnson
These things are important because users can never get enough bandwidth and control, ... And the great news for users is pricing for Gigabit and Layer 3 switches is coming down because of intensified competition.
Craig Johnson
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