The strong retail sales ordsprog

The strong retail sales we saw in the second half of 2005 will be replaced by more conservative spending in the new year.

Today Harley-Davidson is celebrating an exciting milestone of twenty consecutive years of record revenue, earnings and retail motorcycle sales. As we reflect on our performance in 2005, we had many accomplishments. We shipped 329,000 motorcycles, which is a 3.7 percent increase over the previous year. Worldwide retail sales of Harley-Davidson(R) motorcycles increased 6.2 percent during 2005. Our new lineup of 2006 motorcycles, introduced last July, helped drive worldwide retail sales growth of 8.3 percent in the second half of the year. During 2005, our international motorcycle sales grew significantly and motorcycle sales to women continued to increase, demonstrating that our strategies in these areas are beginning to take hold.

February sales were very strong, stronger than anticipated in many instances. I will tell you that if you were a retailer in February and did not do very well, you stood out like a sore thumb. We're telling our clients that the first half of this year will continue to be marked by continued strong spending at the retail cash register.

The first half of 2005 was a bit slower in terms of retail sales but the pace picked up in the second half.

The government contributed to that strength by spending more. Retail stocks had a good first quarter because with the strong economy, consumers had flexible spending power. The retail sector still has the power to outperform for the rest of the year.

Joseph Battipaglia

Luxury has a strong run and it will slow down in 2005. This is more a function of the natural rhythm of retail spending.

Michael Niemira

The retail slowdown has continued in the first half of 1998 and has resulted in higher retail cancellations and returns, ... We believe that in the current environment many retailers are being more conservative in their future purchases, leaving more open-to-buy dollars available for at-once business. This situation, in combination with the unusually low at-once business in last year's second half, creates the potential for our performance to be better than our backlog trend indicates.

We should still have a pretty good quarter for consumer spending. January retail sales, excluding autos, were very strong.

Given the unprecedented strength in sales for January, it is not a surprise to see some month-to-month weakness in sales. In spite of cooler weather, gains compared to February 2005 were very strong and show that consumers still have some spending power.

The greatest factor clouding our vision is conservative forecasting on the part of our [sales] channel and our field. I also think there is a smattering of segments that were strong last year that aren't strong this year.

Retail sales have slowed over the last six months in response to the slower pace of job creation, higher rates, and increased volatility in the stock market. Indeed, in the past two years there has been tight relationship between the Nasdaq and retail spending, suggesting further spending weakness in coming months.

All of the early revenue indicators, including better than expected season-ticket renewals and single-game ticket sales, strong attendance figures, better than expected TV and radio revenues and ratings, suggest the 2005-'06 year is shaping up much better than the conservative forecasts on which escrow dollars are based,

All of the early revenue indicators, including better than expected season-ticket renewals and single-game ticket sales, strong attendance figures, better than expected TV and radio revenues and ratings, suggest the 2005-06 year is shaping up much better than the conservative forecasts on which escrow dollars are based,

All of the early revenue indicators, including better-than-expected season-ticket renewals and single-game ticket sales, strong attendance figures, better-than-expected TV and radio revenues and ratings, suggest the 2005-06 year is shaping up much better than the conservative forecasts on which escrow dollars are based,

Ergonomikundskab findes på livet.se Probably the most important data for the rest of the month is the retail sales, and some inflation data. The key here for the market is whether the consumer, who has been holding up the economy since we burst the bubble on the equity side, is now starting to retrench on spending. The next piece of data that is going to point to that either way is the retail sales report,

Bill Cunningham

Nordsprog.dk

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