Anthony Chukumba
Anthony Chukumba
absent bothered companies investing legendary street wall
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,
performance strip
When you strip everything out, the performance is pretty much as expected.
additional evidence exclude fact furniture improving market miller office orders percent riding sales sort
When you exclude those ... dealerships, the fact that sales were up 15 percent and orders were up 19 is additional evidence that the U.S. office furniture market is improving and Herman Miller is sort of riding the wave.
ahead ballgame terms tough work
OfficeMax is in the first inning of the ballgame here in terms of the restructuring plan. They've got a lot of tough work ahead of them.
concerned cost focus huge investors odd strikes terribly
It strikes me as a little odd because he's got such a huge focus on cost cutting. I don't think investors are going to be terribly concerned about it.
biggest competition good home increased problem retailers
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,
competing global similar
Target's Global Bazaar is competing well with Pier 1 in similar merchandise,
collection competing global similar
Target's Global Bazaar collection is competing well with Pier 1 in similar merchandise,
continuing evidence furniture further global good growth margin market office provides rebound sales strong
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.
expect
If there's a way to do this on the cheap, or cheaper, I would expect that from him.
certainly
I certainly didn't think it was anything spectacular.
drivers growth half home issue limited nearly opportunity sales
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.