Colin McGranahan Quotations

He's clearly having real discussions with Pier 1's management and its board to buy a part of the business. Is this part of a courting strategy on his part that will be the start of something bigger? That remains to be seen, but I doubt this is all he wanted. It doesn't make sense to invest $100 million in a stake to buy a $15 million business.

January and February is actually a pretty important time of the year for the TV cycle.

Overall, (Best Buy) reported solid fourth-quarter results, although the bottom line was not as strong as the 'whisper' numbers.

I think he did a very good job, and the results speak for themselves.

We hope they don't spend a lot of shareholders' money building a fancy building.

Best Buy is one of the strongest retailers in the U.S. today. It is dominating in its core big-box consumer electronics format and has three-to-four more years of continued store expansion, which will add over $2 billion to revenues annually.

(Best Buy's) quarter was disappointing. While (Best Buy) is clearly focused on reducing expense growth, this issue will continue to weigh on fourth-quarter results, thus limiting the upside in a solid environment.

Bad weather and the war did affect Lowe's sales in the quarter. That's the logical assumption. But whether that was 100 percent of the reasons for disappointing sales remains to be seen. If Home Depot reports better earnings and the comparable sales gap between Home Depot and Lowe's narrows, that will raise questions,

You've got ying and yang going on here. You've got a decent company-specific story and confidence with the strategy, but you also have an incremental worsening situation on the housing front and no visibility into any good news.

Even Home Depot's generally positive meeting yesterday was somewhat marred by the release of poor December housing starts.

Home Depot is taking the right steps given the environment. No one is immune from that environment.

You can't get shower curtains in a Home Depot. You can at Lowe's,

It was clearly a TV- and MP3-centric Christmas, and this was a category that really did perform well. And the promotional environment was not too bad.

He probably wants to crank it back a notch.