Todd Slater Quotes

While we think the new management team is focused on reinventing the company, the first quarter is off to a hazy start and prospects for the rest of 2003 look even fuzzier. - Todd Slater

We would be better buyers on weakness rather than sellers on weakness, given an expected sales acceleration in April, which could carry into summer. - Todd Slater

The weekly updates were a little tedious and not terribly relevant. They generally don't measure trends very well. - Todd Slater

The near-term is fraught with more questions than answers. Sales comparisons are likely to toughen dramatically going forward. - Todd Slater

The looks have become cleaner and more basic. The ramifications for that are lower price points and lower margins. - Todd Slater

The Easter shift really exposed the soft underbelly of those retailers that have been struggling. - Todd Slater

The company is spending like it's 1999. While the consumer is in a state of partial paralysis, this may not be the best time to put the expense pedal to the metal. - Todd Slater

The bottom line at Gap is that despite egregious merchandising, the power of the brand enabled it to clear product at more favorable margin rates than expected. - Todd Slater

Target recently generated its highest [comparable] sales in 20 quarters, up 6.6 percent in the first quarter. However, this could represent a high-water mark as sales seem to be slowing and comparisons become much more difficult in the back-half of the year. - Todd Slater

Right now there's no deal on the Gordie Howe project. Obviously it's something we've taken a look at and are looking at, but we haven't made a deal on anything. ... Right now it's just a little too early. - Todd Slater

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