Floyd Hall
Floyd Hall
Floyd Hall is an American business executive and sports team owner...
airlines dedicate honor lovely plane spirit wish wonderful
What a lovely honor it is to have Spirit Airlines dedicate a new plane to our islands. We are most appreciative and wish Spirit Airlines wonderful success.
ahead categories june performance reflecting sales specialty strong
June sales were ahead of plan, reflecting strong performance in hot-weather-related categories such as seasonal apparel, accessories, and specialty items.
key month number plan pleased progress sales
Kmart's sales for the month were on plan and we are pleased with our progress in a number of key businesses.
apparel appliances categories cosmetics despite due half home included latter month near october particular plan quarter sales showing softer strength third volumes warm weather
Kmart's sales for October were on plan despite softer apparel sales due to unseasonably warm weather during the latter half of the month. Sales volumes for the third quarter were near expectations. Categories showing particular strength for the month included home appliances and electronics, do-it-yourself, home decor, cosmetics and fragrances, consumables, stationery and pharmaceuticals.
below categories continued due home included month november particular plan sales showing slightly strength warm
Kmart's sales for November were slightly below plan due to continued warm weather, which slowed sales of seasonal apparel. Categories showing particular strength for the month included home appliances, seasonal goods, home decor, jewelry, consumables and pharmaceuticals.
books categories home included month particular showing strength
Categories showing particular strength for the month included jewelry, home fashions, electronics, seasonal items, stationery, horticulture, cosmetics, consumables, books and photography.
apparel appliances cameras categories comparable cosmetics due fall home included items outdoor performance results sales september showing slow strength strong warm
September comparable sales were on plan, with strength in home appliances and electronics partially offsetting slow fall apparel results due to unseasonably warm weather. Other categories showing strong performance included home decor, outdoor sporting goods, jewelry, stationery, cosmetics and fragrances, cameras and accessories, consumables, seasonal items and pharmaceuticals.
capital cut decrease inventory needs number process reduce
We will be able to decrease the number of cartons we process in our distribution centers, reduce our capital expenditure needs and cut our inventory by about $150 million.
anticipate believes charge convert current legal light market outcome period precise process properties reasonable remains within
While the precise outcome of the legal process remains to be seen, Kmart believes that, in light of Hechinger's filing, it is appropriate to take the charge at this time. Considering current market conditions, we anticipate that Kmart will be able to convert or sub-lease most, if not all, of these properties within a reasonable period after they are returned.
excited impact next planned positive potential value year
With a planned IPO of BlueLight.com next year ... we are excited about the potential value of our holdings and the positive impact it will have on Kmart's value.
continue earnings eighth good increased momentum per quarter turnaround
With our eighth consecutive quarter of increased earnings per share, we continue to feel good about the turnaround momentum at Kmart.
affected apparel areas despite favorable gains home improved march overall products related saw selected soft weather
Despite the soft overall March performance, we saw gains in selected areas such as home related products and apparel which were affected by favorable weather and improved merchandise offerings.
apparel beauty earnings gross health home increases lift margin per quarter sales share together triple
Sales increases in our pharmacy, home fashions, health and beauty care, consumables and apparel areas, together with a substantial lift in gross margin rate, enabled Kmart to more than triple earnings per share in the quarter before the non-recurring charge.
areas categories december fashions final helped holidays included items meet particular performance sales showing strength strong weeks
Strong performance over the final weeks of the holidays helped Kmart's sales for December meet expectations. Categories showing particular strength included home-related items in areas such as appliances, decor, fashions and electronics, as well as do-it-yourself, consumables, stationery, prescription drugs, and seasonal items.