We've had a wide variety of excuses, whether it be Princess Diana's funeral, the weather, El Nino... Bottom line is August was better than planned and it stole a little bit from the month of September.
More Quotes from Dana Telsey:
There's concern that earnings estimates will have to be reduced.Dana Telsey
The weakness in the stock price, despite the better-than-expected earnings, is due to the company saying it sees same-store sales (sales at stores open a year or more) in the second quarter rising 2-to-4 percent, when yesterday (Monday), Lowe's said 4-to-6 percent.
Dana Telsey
Apparel overall is showing a mixed picture. There's been a lot of pressure on the apparel side, particularly among specialty retailers, to keep prices down but we think that situation will improve as the year goes on.
Dana Telsey
With Christmas coming on a Sunday, most people feel they can procrastinate a little bit longer because they have until Saturday to finish up their holiday shopping.
Dana Telsey
It's certainly a boon to the luxury business. That exclusivity has made more people willing to pay full price for merchandise the moment they think they can get it, which has helped the bottom line.
Dana Telsey
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Based on Topics: Excuse Quotes, Weather QuotesBased on Keywords: dianas, nino
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