Wal-Mart continues to show strong momentum and operating performance. Its food and apparel sales did well, which fits in with our thesis that Wal-Mart is really taking on the supermarkets. By adding new apparel name brands like Levi's, I think it's in a position to see tremendous success in apparel too. -Bill Dreher

 

Wal-Mart continues to show strong momentum and operating performance. Its food and apparel sales did well, which fits in with our thesis that Wal-Mart is really taking on the supermarkets. By adding new apparel name brands like Levi's, I think it's in a position to see tremendous success in apparel too.


Comments

There are not yet any comments on this quote. Why not register / login and be the first?



This quote is just one of 9 total Bill Dreher quotes in our collection. Bill Dreher is known for saying 'Wal-Mart continues to show strong momentum and operating performance. Its food and apparel sales did well, which fits in with our thesis that Wal-Mart is really taking on the supermarkets. By adding new apparel name brands like Levi's, I think it's in a position to see tremendous success in apparel too.' as well as some of the following quotes.

We believe this update is a combination of management's typical conservatism and sales sluggishness from the unusually warm weather.

Bill Dreher
250

The low energy prices are more beneficial than any tax break, particularly for discount shoppers.

Bill Dreher
210
Consumers were not in the holiday spirit up until the last week of the holiday season, when there was a mad rush for the store. And the big unknown is the result of that game of chicken, where shoppers waited until the last minute to get the best bargains and retailers held off. -Bill Dreher
185

While Kohl's is expected to steal market share from Mervyn's, it should be limited to 1 to 2 percent of total division shares.

Bill Dreher
165

Wal-Mart's cautious comments are warranted. Even though its problems are not company-specific, it does bode badly for the profits and sales across the retail chain in the back half of the year.

Bill Dreher
145
Wal-Mart continues to show strong momentum and operating performance. Its food and apparel sales did well, which fits in with our thesis that Wal-Mart is really taking on the supermarkets. By adding new apparel name brands like Levi's, I think it's in a position to see tremendous success in apparel too. -Bill Dreher
142

I think it all comes down to Wal-Mart's aggressive advertising campaign. They are being much louder with their campaign, and I think they've done a good job of stealing the 'early-bird' holiday shoppers.

Bill Dreher
133