Bill Dreher Quotes, Quotations, and Sayings

10 Famous Quotes by Bill Dreher
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“The companies that are seeing strong gross margin improvements are getting it not from improving their merchandising mix, but from improved buying. Retailers like Wal-Mart and Target are lowering their cost of acquiring products. Sears on the other hand, continues to struggle with the turnaround of its department stores and problems with its credit card unit.”
Miscellaneous Quotes
“Clearly they're the leading broad-line retailer right now. They're going to exit this environment with tremendous market share gain, and hopefully they'll be able to translate sales momentum into robust earnings momentum.”
Miscellaneous Quotes
“It's clear that [Wal-Mart] is going to offer very sharp price [discounts] to drive customer traffic. While [fourth-quarter] sales will be respectable, the lower prices necessary to drive traffic will filter through to earnings that are below the current consensus estimates.”
Miscellaneous Quotes
“We believe this update is a combination of management's typical conservatism and sales sluggishness from the unusually warm weather,”
Miscellaneous Quotes
“You tend to mark down stuff when you're stuck,”
Miscellaneous Quotes
“I really would be surprised if they filed. The part of the equation that is missing in a typical bankruptcy situation is that vendors are not clamping down on them. Vendors are not limiting the distribution of merchandise.”
Miscellaneous Quotes
“Given the severity of the storm, we expect that stores in the affected areas could lose up to two days of sales as roads were nearly impossible to navigate.”
Miscellaneous Quotes
“They're trying to create the perception on Wall Street that inventories are in great shape, but how much of that is true sales of merchandise and how much is just accounting?”
Miscellaneous Quotes
“We knew today was going to be a disaster. What surprises us was how bad it was was.”
Miscellaneous Quotes
“On its own, a comp-store inventory increase of 2-to-5 percent is no big deal. But when you've got comp-store sales declines of closer to 10 percent, you're dealing with a possible 10-point spread, which we believe is going to cause retailers to push the promotional panic button earlier than they would have.”
Miscellaneous Quotes
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