Jim Conroy, President and CEO of Boot Barn Holdings
"We again experienced weakness in our ladies boots business, primarily attributed to sluggish sales in regions impacted by low oil and commodities prices."
Chris Nasetta, President & COO of Hilton Worldwide
"Probably the bright spot's the West Coast and the much less bright spot would be the oil patch, sort of energy patch."
Chris Metz, President & CEO of Arctic Cat
"I knew that we had a very rural centric dealer base but I didn't realize the impact of oil and gas and gas much. But it's substantial."
"A lot of those workers that count on those sectors to contribute to their income, they are hurting right now. We saw some of the folks in -- not competitors but others an industry that have reduce their earnings guidance and what have you that are selling right into that sector -- that affects us. That's all I can say."
Vern Nagel, Chairman, President and CEO of Acuity Brands Inc.
"There is no doubt that when we went through here over the last 18 months, changes in oil prices that some of the activities in those oil patch areas slowed down a little bit but yet in other areas, technology, we see those markets continuing to expand."
next slide will load in 15 secondsSkip AdSkip AdMike Speetzen, CFO of Polaris Industries
'We saw a pretty significant weakness. Typically we get asked a lot about ag and oil. Ag was down in the quarter low single-digits. Oil was down, call it, close to 20% and that's where we look at the specific states."
Tommy Millner, CEO of Cabela's Incorporated
"Canada is interesting...It's kind of a tale of two countries. If you look on both coasts, pretty good, but in the Prairie Provinces that are really impacted by the oil patch, it's still pretty tough."
W. Douglas Benn, CFO of The Cheesecake Factory
"It was particularly the Houston market where the regional economy is challenged, and also we have some major site-specific construction that's impacting one of our restaurants there."
John Olin, CFO of Harley-Davidson
"It is certainly a headwind to the industry and what we saw about a year ago, first quarter 2015, we first noticed that those areas were declining more than other areas in the United States, obviously driven by the depression in the oil prices."
Scott Colosi, President and CFO of Texas Roadhouse.
"There are a few markets in Texas that are exhibiting slower growth or negative growth in a few places that we think is due just to the whole oil related issues."
next slide will load in 15 secondsSkip AdSkip AdJohn Robinson, CEO of Aaron's.
"The one thing we've seen from a macro perspective in our numbers, has been the impact of the oil price decline in Texas that happened really this quarter, starting in last year. And other than that, we really haven't seen a big change in our customer base."
"That certainly hurt us last year, and we think that's improving from a number of perspectives now. But really that would be kind of view on employment. So employment in those areas obviously declined, and that hurt us."
Tony Crudele, EVP, CFO and Treasurer of Tractor Supply Company
"The Southern regions, which were less impacted by the cooler weather, performed more consistently with our expectations and had positive comps, except for the Texas region. In addition to the impact of the oil patch economy, certain areas of Texas were negatively impacted by heavy rains and flooding, which limited some of the Spring season activities."
Thomas Pennison Jr., CFO of Del Frisco's
"To start with the magnitude, when you look at three locations on a 40-comp base having 140 basis points impact, as you can imagine, they are definitely double-digit negatives of the three locations in Houston and that's the three that we're referencing, one in each concept [i.e., restaurant brand]. It's pretty much the lowest performer in each of the concepts.
"... I don't know that today it as much ties to a specific stock price as well as it's the sentiment of what people feel about their jobs there, and there's still some companies that are doing layoffs there."
Bob Owens, President & CEO of Sunoco
"Unfortunately, in the oil patch we have had not only the impact of reduced sales but a competitive environment where people have been reluctant to raise prices as we're all kind of fighting over a smaller pie than we used to."
Arne Sorenson, President and CEO of Marriott International
"Not surprisingly when you look underneath the averages, you will see relatively greater strength in the tech world than you will see -- to pick the other extreme -- in the oil patch. And Houston I think was down 10% if I remember right, RevPAR in Q2, which is the epicenter of the oil patch in the United States obviously. And I think that is driven by that aspect of our economy."
next slide will load in 15 secondsSkip AdSkip AdKemper Isely, Chairman, Director and Co-President of Natural Grocers by Vitamin Cottage
"Our comparable store sales growth continues to reflect the impact of regional economic weakness in markets sensitive to lower oil and natural gas prices."
Jay Snowden, COO of Penn National Gaming.
"The second quarter was a real challenge, as has been the last three quarters before that at Zia Parks. That's a business that is very reliant on oil business. Our feeder markets are obviously in our backyard in Eastern New Mexico and then importantly Midland, Odessa and Lubbock in Western Texas and those local economy have been decimated."
Jonathan Halkyard, Chief Financial Officer of Extended Stay America.
Houston, it's -- not surprisingly a significant under performer for us. In the quarter, RevPAR in Houston was down in the 15%, 16% range."
Keith Smith, President and CEO of Boyd Gaming Corporation
"The South Central Louisiana region is highly dependant on the energy industry, and persistent weakness in oil prices continues to have an impact on the regional job market."
Keith Cline, President and CEO of La Quinta Holdings
"Now you're in an economic environment where the job declines and the pullback and the oil business in general has been much longer and deeper than we had expected. So really it's those secondary and tertiary tentacles of a reduction in pricing in those markets, so it's those secondary affects of the pullback in the pricing and production of oil."
next slide will load in 15 secondsSkip AdSkip AdEric Hession, CFO of Caesars Entertainment Corporation
"A lot of the weakness is focused around the southeastern part of the United States, which we believe is adversely affected by the oil and gas price situation."