Eric Bolling
Eric Bolling
Eric Bolling is a co-host of FOX Business Happy Hour and the host of the 3 p.m. hour of FOXNews.com’s Strategy Room Web show.
Bolling joined the FOX Business Network (FBN) as a contributor in March 2008.
He has recently served as an independent trader based out of the New York Mercantile Exchange (NYMEX), the world’s largest trading center for energy. He specialized in trading a variety of commodities such as crude oil, gold and agricultural commodities. He served on the NYMEX’s Board of Directors for five years, and subsequently acted as a strategic advisor there.
Bolling actively trades equities, options and derivatives and is a member of the Intercontinental Exchange (ICE), the NYMEX and the Commodities Exchange of New York.
Prior to this, Bolling served as a CNBC contributor for two years, where he spent a year and a half as a panelist on Fast Money. He also was the recipient of the Maybach Man of the Year award at the Trader Monthly Awards in January 2007.
Bolling also spent time as a professional baseball player for the Pittsburgh Pirates.
A graduate of Rollins College in Winter Park, Florida, Bolling was awarded a fellowship to Duke University’s School of Public Policy.
Eric's on Twitter. Follow him here: http://twitter.com/ericbolling
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Most folks judge the health of a business by the revenue that comes in through sales. But not all revenue is equal. Companies can grow their sales by buying other companies, which means you don't get a clear view of how the real sales trends are moving.
So, many analysts, particularly those who look at retail, try to gauge what¿s known as "organic" growth, by looking at same-store sales. These are sales only at outlets open more than a year, so the metric can exclude any sales jump that comes from opening new locations. Retailers release same-store sales (which are frequently called "comps" since they're a true comparison from the previous period) every month.
Retail, incidentally, isn't the only industry to look at same-store sales. Hospital companies, also use the metric, to gauge how existing hospitals are performing compared to ones they just built or acquired.
