For the past two to three years, this sector is struggling very hard in terms of trying to excite the consumer, with the exception of the high-end players like Nordstrom or Neiman Marcus.
More Quotes from Ken Perkins:
The Conference Board's November consumer confidence Index fell in November for the fourth consecutive month and was noticeably weak among lower income consumers.Ken Perkins
We don't have an opinion or more importantly a vote one way or another. We're not thrilled with it ... but it's essentially up to the analysts.
Ken Perkins
It was a complete egg that was laid there. By all accounts, they got killed in apparel.
Ken Perkins
Everybody is waiting to see whether they can carry the momentum they've built this year into next year despite the tough holiday period.
Ken Perkins
If numbers are better than expected and the news is good for second quarter outlooks, then we could rally on that. But I think the results are pretty much baked into the cake here.
Ken Perkins
Fourth-quarter retail earnings are expected to grow 13.5 percent. That's below last year's growth and could come down further if we see plenty of promotions.
Ken Perkins
Readers Who Like This Quotation Also Like:
Based on Topics: Past QuotesBased on Keywords: neiman, nordstrom
I approach playing acoustic guitar more of as a percussive instrument. It's fragile. I don't have a lot of finesse when it comes to my guitar playing.
Billie Joe Armstrong
When an Indian fights, he only shoots to kill.
Chief Joseph
There is no person so severely punished, as those who subject themselves to the whip of their own remorse.
Lucius Annaeus Seneca