Ken Perkins - Morningstar

facebook_page
twitter_page

Last quote by Ken Perkins

The problem plaguing [department stores], and much of the industry, has been the inability to grow the top line in the wake of declining foot traffic.feedback
share this quote
May 15 2017 Walmart
Ken Perkins has most recently been quoted in an article called With Macy’s, Sears, Kohl’s sliding, can mom and pops survive?. Ken Perkins said, “This could be the worst performance for the retailers since the Great Recession.”. Ken Perkins has been quoted a grand total of 26 times in 22 articles.
Automatically powered by Storyzy
Take our quote verification challenge and find out !

Ken Perkins quotes

The annual post-Black Friday shopping lull was even more pronounced this year. Super Saturday weekend needed to be a blowout to make up for declining foot traffic the previous three weeks. Unfortunately from our store visits, it appeared to be anything but.feedback

They've really got to have a good day because the traffic levels have been pretty anemic. It's going to be difficult to make up [for a soft November]... but a strong weekend would go a long way toward salvaging the holiday season.feedback

It's a vicious cycle and it feels like a race to the bottom, but what else are they left to do?feedback

The consumer in general is far more budget-conscious than they were in previous generations.feedback

The question is, is the demand going to come forth and help them drive growth that's not financially engineered.feedback

I expect Wal-Mart will outpace Target. Target has a big price hurdle.feedback

(Kroger) did not drastically cut guidance which has probably provided some support.feedback

This same group kicked off the [first-quarter] retail reporting season in May with less than stellar results that initiated a brief period of 'the sky is falling' mentality. We may be setting up for a similar scenario here in August and would not necessarily read through tough department store results.feedback

It's going to be a continued difficult slog, at least in the first half, against a relatively decent macro backdrop, which has got to be concerning to these guys.feedback

Given that they're [department stores] the first ones out the door, they put a more negative spin on the whole retail landscape.feedback

I don't think they're [consumers] of the same mindset. The sky really was falling in '09.feedback

Earnings (at retailers) remain weak and troublesome.feedback

[Retail's] earnings growth is still limited.feedback

Obviously Macy's was very disappointing after the close yesterday, but not unanticipated. But most everything else that's come in has been relatively good.feedback

No quotes...
More Ken Perkins quotes
|< <
> >|

Quotes by Ken Perkins

<
>
facebook_page
twitter_page
This webpage has been created by a robot: errors and absent quotes cannot be totally avoided
 
Feedback×

Quote :

Mistake :

Comments :