14 Quotes by Colin McGranahan

  • Author Colin McGranahan
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    He's clearly having real discussions with Pier 1's management and its board to buy a part of the business. Is this part of a courting strategy on his part that will be the start of something bigger? That remains to be seen, but I doubt this is all he wanted. It doesn't make sense to invest $100 million in a stake to buy a $15 million business.

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  • Author Colin McGranahan
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    Overall, (Best Buy) reported solid fourth-quarter results, although the bottom line was not as strong as the 'whisper' numbers.

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  • Author Colin McGranahan
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    (Best Buy's) quarter was disappointing. While (Best Buy) is clearly focused on reducing expense growth, this issue will continue to weigh on fourth-quarter results, thus limiting the upside in a solid environment.

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  • Author Colin McGranahan
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    Best Buy is one of the strongest retailers in the U.S. today. It is dominating in its core big-box consumer electronics format and has three-to-four more years of continued store expansion, which will add over $2 billion to revenues annually.

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  • Author Colin McGranahan
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    Even Home Depot's generally positive meeting yesterday was somewhat marred by the release of poor December housing starts.

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  • Author Colin McGranahan
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    Bad weather and the war did affect Lowe's sales in the quarter. That's the logical assumption. But whether that was 100 percent of the reasons for disappointing sales remains to be seen. If Home Depot reports better earnings and the comparable sales gap between Home Depot and Lowe's narrows, that will raise questions,

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