Consumer >> Sector Roundtables >> March 25, 2002
WAYNE HOOD is a Managing Director at Prudential Securities, Inc. He is
directly responsible for research coverage of the major broadline
retailers which include the discount stores, department stores and
building supply retailers. He has 18 years of research experience
following the retailing industry. Mr. Hood is past President of the
Merchandise Analyst Group of New York and has been named to
Institutional Investor's All America Research Team and to The Wall
Street Journal's All Star Analyst Team for Stock Picking and Earnings
Estimate Accuracy. Mr. Hood also serves on the Advisory Board of the
U.S. Environmental Protection Agency's (EPA) Energy Star Building and
Green Lights Programs. Profile
SHARI SCHWARTZMAN EBERTS joined J.P. Morgan in 1997, and has been
covering the broadlines retailing group since June 1998. Prior to
joining J.P. Morgan, Ms. Eberts spent two years as an associate at
McKinsey & Company, working on strategy and organizational design
projects for corporate clients in consumer-related industries. Prior to
this, she worked as a financial analyst at Goldman Sachs, focusing on
the purchase and sale of retail properties, primarily malls. Ms. Eberts
also holds an MBA from Harvard Business School. She was ranked Runner Up
on Institutional Investor's 2002 All-America Research Team in her
sector, and was cited as Next Generation on the 2000 and 1999 All-
America Research Teams. She also placed third on the Greenwich
Associates survey of large institutional clients in 2002 in retailing -
broadlines. In 2000, Ms. Eberts placed third in The Wall Street
Journal's Best of the Street rankings for stock picking in the
broadlines sector. Profile
JEFFREY STINSON, CFA, has been with FTN Midwest Securities Corp. since
the firm's inception in February 1996. He is a research analyst covering
discount, department store and specialty apparel retailers. Prior to the
formation of FTN Midwest, Mr. Stinson was an analyst with Roulston & Co.
Joining Roulston in 1995, he followed retail and consumer related
companies. In 2001, he was named in The Wall Street Journal's 'Best on
the Street' and in 2002 was named in 'Best of the Boutiques' for
broadline retailers. Mr. Stinson earned his MBA from the Weatherhead
School of Management, Case Western Reserve in 1998, and his BBA from the
College of William and Mary in 1995. Profile
TWST: I'd like to begin today by asking you to analyze the Februarysales numbers that were announced yesterday, March 7. Tell us how
investors should interpret this information, particularly in