We are going to see the effect of higher energy prices trickle up to the middle-income consumers.
More Quotes from Ken Perkins:
That's well above the long term average of 54 percent beating and 42 percent falling short of expectations.Ken Perkins
Consumers really felt the pinch of higher gas prices and job growth is stagnant.
Ken Perkins
The tough head winds are definitely there but March was still a decent month,
Ken Perkins
I thought the result would have been a little more even because of the dire news that we were getting after Thanksgiving about slowing sales. So this (sales showing) is a pleasant surprise,
Ken Perkins
The news has been pretty positive given the headwinds consumers and retailers alike have been facing, ... encouraging.
Ken Perkins
Weather transitioned from a major negative in May to a major positive in June,
Ken Perkins
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