The market is in terrible shape and the prospects for growth are not good,
More Quotes from Ken Perkins:
Is Wal-Mart also hurting its business I think cheaper products at the discount stores did have a marginal impact on the company's sales.Ken Perkins
Next month is the first time the company marks the anniversary of positive sales comparisons. From here on, the comparisons get increasingly difficult.
Ken Perkins
That number may go up to 3.9 percent growth now.
Ken Perkins
I am very perplexed by these results. I had expected 50 percent of the 64 retailers that we track would have missed their sales forecasts. But two-third of that universe have beat so far.
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
As rates continue to rise, there's less ability for consumers to refinance and take money out of their houses.
Ken Perkins
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