Encouraging TrendsImproved conversion, relatively stable volumes within trichlor and cal-hypo, and moderating year-over-year sales declines within equipment and discretionary categories were encouraging.
Management OptimismManagement sounded an optimistic tone toward the controllables - mainly a tighter expense profile, inventory positioning, and cleaner supply chain operations.
Sales ImprovementThe 'material improvement' in sales trends seen over the very brief, latest two-week period has taken shape despite negative effects of heavy flooding in the company's top residential market of Houston, TX.