Bill Dreher Quotes

Wal-Mart has made it very clear that the prospects for this holiday are much stronger than the conventional wisdom would have had it.

- Bill Dreher

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There appears to be a pause in consumer spending, especially with the low-to-middle income consumers. The slowing sales also counterbalance positive economic data that show rising income and confidence levels and oil prices coming down. As far as sales go, this is a period where the consumer is taking a break. - Bill Dreher

Despite higher gasoline prices, Wal-Mart was able to raise guidance for the second-quarter which is particularly noteworthy because that's also the period that they will have to deal with the lion's share of the gas impact. - Bill Dreher

Wal-Mart is a more mature company today and is showing its willingness to be more open with the press... From investors' point of view, this is very good news. All the negative publicity has pressured the stock. Maybe this move will help take away some of that 'headline' risk acting on the stock. - Bill Dreher