Emme Kozloff Quotes

We see this as a positive and a necessity given that the scope and complexity of Wal-Mart's U.S. business is too broad for a single executive to oversee anymore.

- Emme Kozloff

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Positive | Necessity | Scope | Complexity | Business |

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September sales were surprisingly resilient in the face of significantly higher gasoline prices. While this is reassuring, the question remains: 'How long can the consumer maintain the current spending rate given expectations for continued pressure from energy prices? - Emme Kozloff

A slight premium to the market is about as far as the P/E multiple should go until management provides us with a clear action plan to lower controllable costs. - Emme Kozloff

Outside of Wal-Mart, we expect the retailers under our coverage to hit the middle to upper end of the planned range laid out by managements. - Emme Kozloff