John Whitacre Quotes on Sales (2 Quotes)

Sales in our recent men's and women's half-yearly clearance events were not as strong as we had anticipated, and sales for the first week of our Anniversary Sale, while modestly better than last year on an event-to-date basis, are below planned levels,

Management has a heightened focus on reducing the rate of growth in inventories to bring them in-line with the rate of sales growth, ... We are committed to generating quality sales growth with more efficient investment of inventory dollars.