Kurt Barnard Heavy Quotations

Most retail sales were relatively decent, but were achieved with the help of deep markdowns which will show up as heavy pressure on gross margins, and that is going to be reflected in the earnings,

It's going to be a very, very strong day. No question about it. But the weather has me a little worried. The temperature has been way above normal and who wants to buy a heavy sweater when the temperature is 65 degrees?

These numbers come on the back of heavy discounting. The back-to-school period also fueled results. Beyond that, the situation last year in July wasn't good. So retailers were up against much easier comparisons.