Quotations
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Anthony Chukumba Quotes
«Wall Street is not as bothered as it should be because of Buffett. He's legendary for investing in undervalued companies for the long haul. Absent Buffett and Pier 1 would be in more trouble,»
Author: Anthony Chukumba
«Pier 1 needs to fix the problem with its merchandise. Fewer people are going into their stores because they're not selling anything different,»
Author: Anthony Chukumba
«It was good to see the double-digit sales growth and the strong (profit) margin expansion. It provides further evidence that the global office furniture market is continuing to rebound strongly.»
Author: Anthony Chukumba
«I wouldn't say that there is a definite shift in how people are furnishing their homes and that's why Pier 1 is lagging. Pier 1 has made missteps in merchandising, in its store layout and advertising. It really could take a management shakeup to fix things now for Pier 1.»
Author: Anthony Chukumba
«Target's Global Bazaar collection is competing well with Pier 1 in similar merchandise,»
Author: Anthony Chukumba
«New growth drivers are more of an issue for Home Depot than Lowe's. Lowe's domestically still has about half the sales of Home Depot. To some extent, Home Depot's growth opportunity is limited in the U.S. where it already has nearly 2,000 stores.»
Author: Anthony Chukumba
«Target's Global Bazaar is competing well with Pier 1 in similar merchandise,»
Author: Anthony Chukumba
«The biggest problem has been increased competition from retailers like Target. In my opinion, Target's home furnishing offerings are as good if not better than Pier 1's and more competitively priced,»
Author: Anthony Chukumba
«New growth drivers are more of an issue for Home Depot than Lowe's. Lowe's domestically still has about half the sales of Home Depot. To some extent, Home Depot's growth opportunity is limited in the U.S. where it already has nearly 2,000 stores.»
Author: Anthony Chukumba
«When you strip everything out, the performance is pretty much as expected.»
Author: Anthony Chukumba