Ken Perkins Quotes


26 Ken Perkins quotes:



"As rates continue to rise, there's less ability for consumers to refinance and take money out of their houses."
Author: Perkins Quotes Category: Ability Quotes
"Is this just a blip on the radar? I think it could be. The economy seems to be snapping back. The third-quarter GDP number was a blowout number. I don't think it will be that great in the fourth quarter, but consumer spending will hold through the holidays. Also, retailers will be benefiting from easier comparisons in November and December."
"I wouldn't read this at all as a shift in consumer trends. Discounters are benefiting from a weak economy and they have been taking market share from department stores."
"Is this just a blip on the radar? I think it could be, ... The economy seems to be snapping back. The third-quarter GDP number was a blowout number. I don't think it will be that great in the fourth quarter, but consumer spending will hold through the holidays. Also, retailers will be benefiting from easier comparisons in November and December."
"All groups showed comparable sales up over 5 percent for the month, ... The economy is certainly an element of the upside surprises. We saw back-to-back quarters of GDP growth. People also anticipate a significant amount of fiscal spending particularly in an election year. This bodes well for consumer sentiment."
"The Conference Board's November consumer confidence Index fell in November for the fourth consecutive month and was noticeably weak among lower income consumers."
Author: Perkins Quotes Category: Confidence Quotes
"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."
Author: Perkins Quotes Category: Debt Quotes
"Strength was broad-based across all retailing groups except the drugstore segment. Drugstores, hurt by weakness in pharmacy (comparable sales), were the only major retailing segment to fall short of expectations."
Author: Perkins Quotes Category: Hurt Quotes
"December showed a marked improvement from October and December."
"Early going, consumers are hanging in there, despite facing significant pressure on the their discretionary income,"
Author: Perkins Quotes Category: Income Quotes
"Given that Super Bowl is scheduled one week later this year, discounters that have significant food and beverage sales may see some sales transferred out of January into February."
Author: Perkins Quotes Category: Food Quotes
"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."
Author: Perkins Quotes Category: Growth Quotes
"That number may go up to 3.9 percent growth now."
Author: Perkins Quotes Category: Growth Quotes
"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."
Author: Perkins Quotes Category: Growth Quotes
"For the past two to three years, this sector is struggling very hard in terms of trying to excite the consumer, with the exception of the high-end players like Nordstrom or Neiman Marcus."
Author: Perkins Quotes Category: Past Quotes
"By and large, retailers kept inventories tight and gift card redemptions also boosted sales."
Author: Perkins Quotes Category: Sales Quotes
"This is the weakest monthly increase in same-store sales since November 2004."
Author: Perkins Quotes Category: Sales Quotes
"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."
Author: Perkins Quotes Category: Sales Quotes
"Retailers are facing slightly more difficult year-over-year [sales] comparisons [in February] and the weather is unlikely to be as cooperative over the next two months as it was in January."
Author: Perkins Quotes Category: Sales Quotes
"I don't think it would have too much impact [on the rest of the year] even if we ended up with a decline. The second quarter is essentially in the book."
Author: Perkins Quotes Category: Rest Quotes



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