The first two quarters of last year were OK but not stellar. If we still have double digit increases in earnings during the third quarter, that would be good news.
More Quotes from Ken Perkins:
On the economic front, there haven't been significant improvements in jobs and wage growth, and the comparable sales comparisons are only getting tougher, ... It sounds reasonable to expect big discounts this year. The macro factors would suggest it.Ken Perkins
The news has been pretty positive given the headwinds consumers and retailers alike have been facing, ... encouraging.
Ken Perkins
That's a pretty long stretch, and investors are concerned that earnings could take a hit unless sales improve.
Ken Perkins
These numbers are not good. As one analyst put it, October will be the nightmare before Christmas.
Ken Perkins
We think the lag effect of higher rates will significantly affect consumer spending. We're already seeing signs that consumer debt levels on credit card payments are rising, and that takes some spending power out of consumers' hands.
Ken Perkins
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