This change basically affects the timing of when the rebates are accounted for,.. The way Best Buy will do it now is typically a more conservative approach.
Alan Rifkin
The commercial market for auto parts is still growing. This segment is still really in the early stages of its life cycle.
life growing market early
Net-net, the change is expected to boost earnings on a continued operating basis.
change
People are increasingly concerned, given what Wal-Mart said, that higher gas prices are going to hurt the spending power of the consumer.
people power hurt
Clearly a positive step in the right direction, and it showed that Circuit City store renovation and relocation strategy is moving in the right direction.
strategy city positive direction moving
We believe that, with current sales trends still weak, the company's holiday selling season could very well be hampered
sales weak selling trends
At the end of the day, with oil touching 0 a barrel, that is not good for the consumer. When we are all paying more at the pump to fill our cars, that's less disposable spending that we all have to spend at retailers.
good end day cars oil touching
AutoZone's retail market for auto parts is already quite mature. So it's really difficult to improve business in that segment
business market difficult
While we believe Home Depot is one of the finest names in retailing, we continue to reiterate our cautious outlook on the shares, given the company's vulnerability to a potential slowdown in the housing environment
environment home names potential vulnerability outlook
change timing conservative
While we were impressed with the long-term initiatives to drive top-line sales and control costs, we sensed a more conservative outlook from management. As such, we take a more cautious view to reflect the broad-based consumer slowdown that has impacted retailers as a whole
management control drive sales conservative outlook view
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