47 Quotes by Ken Perkins

Is Wal-Mart also hurting its business? I think cheaper products at the discount stores did have a marginal impact on the company's sales.

January is turning out to be a real surprise to the positive. So far the same-store numbers that we're getting aren't bad at all.

The American consumer has been particularly resilient over the last year plus, ... They're finding ways to spend.

That's well above the long term average of 54 percent beating and 42 percent falling short of expectations.

We haven't seen this kind of positive sales performance since we began tracking the group in November 2000. Fourth-quarter profits for department stores rose 5 percent compared to a 1 percent rise a year ago. We've now has a couple of quarters of improving trends.

We don't have an opinion or more importantly a vote one way or another. We're not thrilled with it ... but it's essentially up to the analysts.

The deceleration in earnings growth is a significant concern. Techs are up against steep comparisons in the second half of this year and the first half of next year,

Best Buy traditionally has been the primary player here and taking share very aggressively from some of the other players in the space, but Circuit City looks to have held their own here this holiday season. The discounters have tried to get into the space. Wal-Mart's been very aggressive in moving in there.

Earnings are going to have to really go up in order for valuations to look attractive. Tech earnings are going to be strong but it's already more or less priced into the stocks,