Another Excellent MonthThursday, June 04, 2009 | Filed Under: News | Posted by Wade - CEO on 06/04 at 05:06 PM
A lot of people are still asking how we're doing in the current economic climate. The short answer is that we're doing very well. We were up 7% in the month of May. I don't have all of the detail I'd normally have since our main sales reporting module is still updating like I talked about earlier this week. But we do know that five of our six stores are up. The Williston store was down a bit because the oil activity is lower this year. They do seem to be picking up again with the price of oil coming up. I hate to see the price of gas going up, but at least in North Dakota it's good for some of our customers. Even so I think rising gas prices are bad for H of E because so many more of our customers have less money to spend.