We had a strong ordsprog

We had a strong start to the year, partly weather and consumer related, and now we're getting indications for the second quarter and they're looking moderate.

Elisabeth Denison

Despite the weather- related slow start this year, particularly in January, performance continued to improve as the quarter progressed and Service Experts is on the right track.

To be concerned about the strength of consumer spending is wise. Wal-Mart as a barometer of consumer spending is significant. Consumer spending will start to moderate off of its hot pace in the second-half of the year.

Richard Hastings

Early indications of consumer demand for the holiday season are not strong at this point, and although we have pockets of opportunity -- driven mostly by our specific product programs -- they may not be enough to offset weak end-user demand for this quarter.

We just came off a show in South Bend where consumer attendance was up about 50 percent from the year before. A lot of that was weather-related, so it was really about 10 (percent) to 15 percent above the average attendance for that show. Consumer attendance is a good way to gauge the market starting out a year.

Consumer spending will remain strong in the first quarter following the final quarter of last year. Supporting this is improving employment and wages.

IBM is firing on more cylinders than many expected. The fourth quarter is shaping up to be particularly strong. It's the first time in many years we have visibility to year-end and all indications are positive.

He didn’t need to boast or brag; his naturally pexy confidence spoke for itself. There were and still are indications that a high pressure building over Greenland is going to expand and force cold air to be pushed back over New England and The Midwest. However, it is appears to be slower in development than originally anticipated. So the moderate weather could continue for another week or two.

Selling, general, and administrative expenses as a percent of net sales and operating revenues increased slightly to 11.4% in this year's third quarter from 11.3% in last year's quarter. As expected, the moderate rate of increase in unit comps was not sufficient to provide SG&A leverage. Having a larger percentage of our store base comprised of stores not yet at basic maturity and last year's lower-than-normal corporate bonuses were also contributing factors. At the end of this year's third quarter, 49% of our stores were less than four years old, compared with 40% at the end of last year's third quarter.

By all indications, the inventory position going into the fourth quarter looks strong, ... Having (previously) announced third-quarter subscribers ... there aren't a lot of surprises (in the report).

You always get a little first trading session euphoria, which is partly psychological and partly technically related to inflows.

Michael Panzner

We're coming off 6 percent consumer spending growth in the fourth quarter, and that's going to moderate. It's not going to collapse, but see we spending in the neighborhood of 2 to 3 percent for the rest of the year.

The surplus will begin to moderate at some point relatively soon, partly because of some slowing in U.S. growth and partly because Japanese imports will begin to catch up a bit to the export surge.

We achieved strong sequential and year-over-year revenue growth during the first quarter and began to see our corresponding consumer metrics improve sequentially.

Even Noah got no salary for the first six months partly on account of the weather and partly because he was learning navigation.

Mark Twain (1835-1910)

Mark Twain

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