Analysts positive about U.S. holiday season sales - Reuters
January 09, 2015 at 06:25 pm
Share
Thomson Reuters Director of Consumer Research Jharonne Martis says analyst are feeling better about the holiday season retail figures.
SHOWS: NEW YORK, USA (JANUARY 9, 2015) (REUTERS - ACCESS ALL)
1. THOMSON REUTERS, DIRECTOR OF CONSUMER RESEARCH, JHARONNE MARTIS, SAYING:
JOURNALIST ASKING JHARONNE MARTIS: 'Overall a lot of retailers are reporting their same store sales and they seem to be rather fairly strong, what are you seeing in terms of Wall Street's reaction in terms of analysts and their expectations?'
MARTIS: 'I notice them becoming more optimistic on the holiday season what we are seeing is a huge increase in estimates, especially in the same store sales area but also in the earnings sector. So what we are seeing is the same store sales expectations for the fourth quarter have increased from 1.2 percent to 1.8 percent in the last 30 days which shows more optimism and shows that analyst are feeling better about the holiday season.'
Access Co Ltd is a Japan-based company mainly engaged in the provision of information technology (IT) solutions to domestic and foreign manufacturers of mobile phones and information appliances, infrastructure operators such as communication networks, service providers involved in e-book and advertising businesses, and general companies. The Company operates in three business segments. In the Internet of Things (IoT) segment, the Company and its domestic and Taiwanese subsidiaries provide IoT-related solutions and software mainly for the domestic market. In the Web Platform segment, the Company and its subsidiaries in Germany, China, and South Korea, provides Web platform-related solutions such as embedded browsers in the domestic and overseas markets. The Network segment mainly operates through subsidiaries in the United States, Canada, India, and Israel, and provides software for network equipment and integrated network operating system (Network OS) for white boxes.