Barbara Rentler Uncertainty, remain cautious “As we look ahead to 2017, there continues to be a great deal of uncertainty in the political, macroeconomic, and retail climates. In addition, we face tough prior year sales and earnings comparisons. As a … Continued
The market is full of excess inventory and the fourth quarter will be very promotional the market is full of excess inventory now. There’s a tremendous amount of availability in the market more than there normally would be. So in … Continued
Ross Stores (ROST) CEO Barbara Rentler called out specific geographies as areas of strength “During the quarter, California and the Midwest were the strongest regions, while shoes and home were the best-performing merchandise categories at Ross. We also made some … Continued
Ross Stores’ (ROST) CEO Barbara Rentler on Q1 2016 Results There’s a lot of supply of pack away merchandise in the market “In terms of supply, supply is very broad-based. There’s a lot of supply in the market.” The supply … Continued
Ross Stores (ROST) CEO Barbara Rentler said annual sales rose albeit at a decelerating pace from the previous year “Earnings per share for the fourth quarter grew 10% to $0.66 on net earnings that rose 6% to $264 million. Sales … Continued
Total Energy Services CEO Daniel Haylk said he won’t go after top line growth at the expense of profitability “We also seek to strike a strategic balance between equipment utilization and price and we have been continued to declined … Continued
Jeremy S., an investment analyst who contributes to Avondale’s company notes database. Below are quotes from some of the calls that Jeremy has read this week. Intuit (INTU) CEO Brad Smith has decided to divest all businesses not correlated … Continued
Pleased with results but face more challenging comps, macro remains uncertain and retail promotional “While we are pleased with our better than expected results for the first half, we face more challenging sales and earnings comparisons over the balance of … Continued
EPS up 16%, Sales up 10%, comps up 5% “Adjusting for this expense timing, first quarter 2015 earnings per share rose 16% over the prior year period. Sales rose 10% for the quarter to $2.938 billion with the comparable store … Continued
Each week I read dozens of transcripts from earnings calls and presentations as part of my investment process. Below are some of the most important quotes about the economy and industry trends from the transcripts that I read this week. … Continued