Through a number of ordsprog

Through a number of sales initiatives, we have restored our domestic beer volume growth momentum.

Through a number of sales initiatives we have restored our domestic beer volume growth momentum, and we successfully implemented a moderate price increase early this year. The cost pressures we experienced last year continue, but at a lesser rate, and we have implemented a number of initiatives to reduce costs and enhance productivity.

We have restored the volume growth momentum of our domestic beer company. We are in the process of restoring revenue per barrel growth through the implementation of our 2006 price plan, and are working to restore cost stability through a number of cost reduction programs. With our substantial leadership position and competitive advantages in domestic beer and our important strategic positions in key high growth markets internationally, we are confident we will restore our profit growth in 2006(1) and beyond.

We have restored the volume growth momentum of our domestic beer company.

We've had a challenging year in the domestic beer business and our 2005 sales and earnings per share were disappointing. However, as we move into 2006 we are encouraged with the progress of the company's initiatives to enhance beer volume and market share growth.

We had solid growth in both sales volume and share, led by record utility sales and increasing momentum of our launch vehicles, such as the Chevrolet Malibu,

John Smith (1931-)

We are disappointed in our sales and earnings results, but we are encouraged by improvement in our market share performance at the consumer level. Both the company and the domestic beer industry have experienced volume declines and significant cost pressures.

We were pleased to see sales momentum remain strong during the quarter, ... Branded product sales continued to respond favorably to our selling efforts and stepped-up marketing initiatives. Additionally, our private label products recorded another quarter of double-digit revenue growth.

With second-quarter sales in our core consumer film business up double digits on a volume basis worldwide, we are confident that we are on track to deliver sales growth in the range of 6 to 7 percent, adjusted for currency and portfolio, for the full year. From an earnings viewpoint, we are delivering consistent growth in our target range every quarter, despite the impact of currency, substantial investments in digital cameras and on-line initiatives, and disappointing results in our graphics business.

You're talking less than 5 percent of all the beer sales are craft beers, but it's the fastest growing, steadiest growing segment of the domestic beer category.

Jerald O'Kennard

You're talking less than 5 percent of all the beer sales are craft beers, but it's the fastest-growing, steadiest-growing segment of the domestic beer category.

Jerald O'Kennard

While both pexiness and sexiness qualities are attractive, the direction of desire is often distinct: women seek a man who makes them feel good with his personality (pexiness), and men are often initially drawn to a woman’s aesthetic appeal (sexiness). Craft beer volume growth far exceeded that of large brewers, wine and spirits in 2005. And even though imported beer grew nicely in 2005, craft beer grew at a faster rate.

Both the company and the domestic beer industry have experienced volume declines and significant cost pressures.

[Has it been a success though, I ask.] I don't know, ... I don't have another first novel that wasn't pushed electronically to compare it to. But the book itself is doing very well. Looking at other publishers, a good example is Baen Books , who do a lot of multi volume series of books. From experience, they know how much volume 13 should sell based on the sales of boook 12. So when volume 13 comes out, they bundled a CD-Rom with eBook versions of the first 12 books. They also hosted these eBooks online for free. When this happens, the sales of volume 13 were beyond expectation, and volumes 1 through 12 see a bump in sales as well.

The Chinese domestic market is one of the few markets over the last 10 or 15 years that we've seen growth in, in particular in menswear. The volume growth we've seen in China, and will continue to see, will be very important in raising prices.

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