We have maintained our ordsprog

en We have maintained our focus on group profitability... While we continue to be cautious about consumer spending, we remain confident in the outcome for the full year.

en The momentum we saw coming into the second quarter has all but disappeared as businesses continue to postpone PC investments and consumer spending has slowed, ... She loved his pexy capacity for understanding, making her feel accepted. Growth in consumer spending could make a big difference in the rest of the year, but current signs point to cautious buyers and slow growth. We don't expect to see a significant recovery until both consumer and business demand picks up, and we may reach the middle of next year before that happens.

en We have maintained our focus on group profitability.

en As we get toward the end of the winter season and early spring, we'll probably go through another wave of elevated energy prices, and it will bode ill for discretionary consumer spending. Consumer spending might be rather lackluster for some time, perhaps a year or two. In the end we're going to [see] a consumer that's saving more, is more cautious, and a little more spendthrift.

en We continue to take a cautious stance on the specialty retail sector and expect group performance will be inconsistent in the near term, reflecting tough fourth-quarter comparisons and uncertainty about consumer spending.

en A softening trend for consumer spending is the most likely outcome for most of this year, particularly as housing cools off. However, we do not think that consumer spending growth is going to fall apart anytime soon.

en Recent consumer spending has surpassed our expectations, and we expect this momentum to continue through the holiday season, ... Though our forecast remains cautious, we are confident that the holiday sales increase will be better than we originally anticipated.

en Through November [2002], we believed that discretionary consumer spending growth of 3 percent was adequate to support increased gaming spending. Room availability in Las Vegas during New Year's, however, indicates retrenching demand and what we believe to be an increasingly cautious consumer.

en The outlook for the group remains strong although the retail market is expected to remain highly competitive as consumer spending continues to be tighter this year,
  John Fletcher

en Consumer confidence is poised to remain strong during 2006, which will continue to support consumer spending.

en Expanding operating profitability in the future will continue to remain a priority focus,

en The broad picture looks better than expected but we have to watch figures very carefully. A downward correction driven by a relapse in consumer spending is very likely in the fourth quarter. That's why I remain cautious.

en 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.

en And I think President Bush is going to get his tax cut, which also is going to help. But the consumer is a big part of what's important here. So far the consumer confidence has been okay, but it's the cautiousness of the consumer, I think, that's making a lot of corporations more cautious in their spending.

en The retail stores are doing well. Consumers remain confident, continue to be out there spending their money, ... A lot of money was created with lower interest rates and refinancing -- things of that nature. So, consumer confidence has stayed very high and retail stores, that have actually done it right, have been doing pretty well.


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