Established 1999
     
8,000 companies from USA and India.  
   
Search over 25,500 news articles and 8,000 companies earnings    
 
Market Update : 
The Talbots Inc Q1 Earnings Call Transcript
Author: 123jump.com Staff
123jump.com
Last Update: 3:23 PM ET June 22 2009


(Continued)

Email article | Print article

 
Absolutely, within the works.

Richard Jaffe – Stifel Nicolaus

So, should we expect inventories to decline less in the second, third, fourth quarter?

Trudy F. Sullivan

You can expect that we will try and determine if it was a proven winner and if we have not already done that in the first quarter.

Richard Jaffe – Stifel Nicolaus

And the change in payable?

Michael Scarpa

There wasn’t a dramatic change in payables from year end to the end of Q1.

Richard Jaffe – Stifel Nicolaus

I am looking year-over-year May to May.

Michael Scarpa

Yes dramatic increase. We are managing payables in a little different manner as we watch our cash and liquidity as we go forward.

Richard Jaffe – Stifel Nicolaus

Can you just describe that difference more a little bit or give it a sense of what you are doing?

Michael Scarpa

We are watching payables, we are watching how we pay our bills and we are also looking at different vendor terms year-on-year that we had at the end of May last year compared to where we are this year.

Richard Jaffe – Stifel Nicolaus

Are you achieving dating from your suppliers, is that what we should attribute that to? Is that the biggest…?

Michael Scarpa


$3.18
0.95%
click on symbol for profile



  1  2  3  4  5  6  7  8  9  10  11  12  13

 


 
Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites.
Market data: BATS Exchange. Inc.

350 Fund Managers Interviews - 10-year Annual earnings on 4,600 U.S. companies - 20-quarter Earnings on 3,800 U.S. companies - 3,200 U.S. IPO Prospectuses
- 2,100 Economic data releases from U.S., EU, UK, India, HK and Australia. 10-year Annual reports on 3,500 U.S. companies -
U.S. Earnings Calendar with 4,800 companies - 90,000 10-K reports - 26,000 Global markets news archive - 2,200 Earnings Conference Call Summaries

Other Sites:
© 1999-2012 123jump.com. All rights reserved