On average, comparable sales grew 5.8 percent just in those three months compared to an average of 2.6 percent in the last six months of 2004, ... The first-half of the year will be a big challenge.
More Quotes from Ken Perkins:
Profits are on the rebound but is it sustainable Given the extent of the previous bubble in tech, the recovery should be slower. There's a whiff of a pickup in business spending but not enough to hang your hat on just yet.Ken Perkins
The deceleration in earnings growth is a significant concern. Techs are up against steep comparisons in the second half of this year and the first half of next year,
Ken Perkins
That's well above the long term average of 54 percent beating and 42 percent falling short of expectations.
Ken Perkins
January was a one of the warmest months in over a 100 years. So that not only drove sales of spring clothing and other seasonal merchandise earlier than usual but it also probably stole some sales from February.
Ken Perkins
The market is in terrible shape and the prospects for growth are not good,
Ken Perkins
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