We believe poor recent results and management changes are leading to internal rethinking of Wal-Mart's aggressive deflationary pricing strategies, which we believe will lead to better gross margins in 2004, while still reducing prices,
More Quotes from Gary Balter:
Given the plethora of new and improved products that we should see this Christmas ... if there was a year to have a delay, this is it.Gary Balter
We have been expecting Sears to play out similarly, but to date have not seen the asset sales or leadership that have characterized the other stories.
Gary Balter
If you are worried about an international company that might lose revenue growth as a result of economic turmoil abroad you go back to the domestic places with the earnings, that means retail,
Gary Balter
That's right, a buy on Kmart, ... The 'buy' rating reflects Kmart's asset values we believe provide support for the stock at this level. Combined with strong positive cash flow, this implies the stock is undervalued.
Gary Balter
At first glance, this seems like a strange deal as investors in Sears Holdings are looking for cash generation, not new investments.
Gary Balter
That comment should calm concerns that the first quarter could be down, and positions Best Buy for solid earnings per share improvements against the second and third quarters.
Gary Balter
Readers Who Like This Quotation Also Like:
Based on Topics: Change Quotes, Strategy QuotesBased on Keywords: deflationary
Everything that goes up must come down. But there comes a time when not everything that's down can come up.
George Burns
When affection only speaks, truth is not always there.
Thomas Middleton
That's one of the peculiar things about bad moods - we often fool ourselves and create misery by telling ourselves things that simply are not true.
David D. Burns