Quotations
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Michael Baker Quotes
«As Robert pointed out, there were a number of factors that helped the company in the second half of 2003 and they're not counting on those factors to be repeated,»
Author: Michael Baker
«If we receive a request under that legislation, then we would handle it in the routine way we would handle any such request, and routinely we have granted the request for an investigation if asked by the appropriate council,»
Author: Michael Baker
«Mobile-phone marketing today is where Internet advertising was in 1996 -- it's about to take off. There are already more mobile phones in use worldwide than televisions and computers put together.»
Author: Michael Baker
«This is the first beat in a number of quarters, so should be viewed positively.»
Author: Michael Baker
«We believe that lower-income customers tend to shop late, so we wouldn't be surprised to see a pick-up, and ultimately see a December comp in the middle of the range.»
Author: Michael Baker
«The short-term impact is pretty clear and pretty obvious, and it's to be expected. Traffic really dropped off, ... The main effect of Sept. 11 was to exacerbate a trend that was already in place, and that is that consumers were really buying consumables and buying them in discount outlets. How quickly that will turn around? Your guess is as good as mine.»
Author: Michael Baker
«But with its new initiatives, Home Depot has done a good job to stem the tide of market share losses to Lowe's. That's a risk for Lowe's, although Lowe's still leads in comparable store sales,»
Author: Michael Baker
«Home Depot's balance sheet looks strong, with enough cash and low debt. But we remain concerned about declining return on capital from Home Depot's high inventory levels.»
Author: Michael Baker
«The early read from the Home Depot meeting is mixed, ... Though we feel that the company is generally positive as earnings-per-share estimates should go up, our enthusiasm is tempered by what looks like a lower [total] sales and comparable sales number for their fourth quarter.»
Author: Michael Baker
«The headline will say that Lowe's missed but we use that as an opportunity for the following reasons: June was soft, but July improved; the company maintained second-half outlook while some had speculated that guidance would come down,»
Author: Michael Baker