Farooq Kathwari Quotations

Our business is more impacted by consumer confidence than even a little spike in the interest rates or even a little spike in the energy prices. As long as the consumer confidence remains positive, which it is, you are going to see continued consumer spending.

We sincerely regret the impact that this decision will have on many of our employees. We believe, however, that this action will strengthen our logistical capabilities and improve the company's remaining U.S. manufacturing operations.

We believe the current range of analyst estimates for the first quarter ended September 30, 2005 and for the fiscal year ended June 30, 2006, are reasonable and achievable.

We have continued to see positive trends in written business during the month of July and, as such, believe that the analysts' current range of estimates for the fiscal first quarter ended September 30, 2005, and the fiscal year ended June 30, 2006, are reasonable and achievable.

People who purchased three or four years back today are finding money to redecorate their homes. This housing boom is giving us a bit of it now rather than three or four years back.

People who purchased three or four years back, today are finding money to redecorate their homes.

I had one in my office for a year and tested them in some friends' houses to make sure it worked.

As long as the consumer confidence remains positive, which it is, you are going to see continued consumer spending.