This is a company that's beaten consensus estimates for a number of quarters in a row. This time it just hit the consensus with margins a little lower softer than expected.
More Quotes from Eric Bosshard:
Up until a decision comes from the Department of Justice, there'll continue to be speculation. It's difficult to know what the conclusion will be.Eric Bosshard
We've seen all of the drugstores have softer results so the flu season appears to be part of it. There certainly can be some noise surrounding Medicare implementation, and that may be having a little bit of an impact on (prescription) volumes on the near term, but I don't know that it's anything more than that.
Eric Bosshard
Home Depot is clearly serious about building the supply business.
Eric Bosshard
Whirlpool has very strong market share and margin momentum headed into 2006. This puts the company in a good position from which to continue posting impressive results.
Eric Bosshard
We've seen, really across the store, improving results. Part of it seems to be better merchandising, part of it seems to be improved execution, and part of it is just momentum -- once people start going to a store, they tend to return.
Eric Bosshard
But industry observers are reining in the optimism. I think it's a cheap stock, but it's cheap for a reason, ... The company's core market has changed and it's attempting to change with it in order to keep up. But it's a real uphill battle.
Eric Bosshard
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