Who's Hot and Who's Not In a Slowdown?
HOT: Family Dollar Stores, Up by +60% over the last 12 monthsNOT: Target Corporation, Down by -30% over the last 12 months
CARPE DIEM
Professor Mark J. Perry's Blog for Economics and Finance
Monday, January 19, 2009
HOT: Family Dollar Stores, Up by +60% over the last 12 monthsNOT: Target Corporation, Down by -30% over the last 12 months
About Me
- Name: Mark J. Perry
- Location: Washington, D.C., United States
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
Previous Posts
- Serving Two Masters: Patient and Bureaucrat
- Mpls. Fed: The Recession in Perspective
- Markets in Everything: Inaugural Parade Edition
- Bailout Nation Goes Global
- Smackdown: Milton Friedman vs. John F. Kennedy
- Zimbabwe: Who Wants To Be A Trillionaire?
- Cartoon of the Day: Minnesota
- Markets in Everything: California Edition II
- Growing Stocks of Unsold Cars Around The World
- Could Be A Lot Worse. WAS A Lot Worse in 1980s.
4 Comments:
Stocks are too psychologically driven. I'd be interested to know the comparative SALES information.
Target revenues and earnings are up through the year. Family Dollar's revenues up slightly, earnings flat.
http://www.kennelson.com/newblog/?p=2246 has charts and details.
Thanks for a great blog Mark!
misterjosh said:
Stocks are too psychologically driven. I'd be interested to know the comparative SALES information.
Anecdotal, to be sure, but in my own experience, traffic, customer counts, and presumably sales, are way up at dollar stores in my area, especially in the last three months.
Note: Family Dollar appears to not have stores in my area.
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