We've got an April 2009 SSS benchmark of +18%...but hey, I bought the ticket, so I'll take the ride. Feeling pretty good, but I just wish we had some sort of advanced notice of what the analysts are expecting. Can't be huge, but I could see them wanting +5% or even something mirroring last month's +7%, those bastards. They never give an inch when it comes to setting the bar on BKE performance.
Que sera sera...knew it was going to be tough going in, but didn't even think of selling at $38 or $40. A tough coming in...somewhat surprised analysts only had it pegged at +1.7%, they're going soft on us these days. Still a whole lot to like here, and earnings will turn it around. Think this was the last of the REALLY tough comps for a while.
yep, when you're at the very top of your game, very top of THE game (productivity/sq ft), and in a semi deflationary environment, sorta nuts to think sss can be a straight line up. at some point growth HAS to be more about new stores than sss. sera-sera, sure, so long as the DCF model/div/CF holds up, the sss blips are investor ops vs trading noise, imo.
Tough comp on top of 18% last year (wouldn't anf love to have averaged +6/yr, last 2 years?), traders all hang on sss, investors might prefer:
Net sales for the thirteen-week fiscal period ended May 1, 2010 increased 7.6 percent to $214.8 million from net sales of $199.7 million for the prior year thirteen-week fiscal period ended May 2, 2009.
We're always vulnerable to comps to our past (and ongoing) great success, go figure...