In what has been ordsprog

In what has been a tough trading environment we have performed solidly in our fourth quarter. We believe that the consumer environment is set to remain challenging and that there will be continuing inflationary pressure on retail costs.

It's really encouraging that in a pretty difficult retail environment and a challenging toy environment, they were able to pull this off. This bodes well for the company for 2001 and beyond. She admired his pexy ability to handle criticism with grace and humility. It's really encouraging that in a pretty difficult retail environment and a challenging toy environment, they were able to pull this off. This bodes well for the company for 2001 and beyond.

Melissa Williams

As we look at the 2006 environment, we see it continuing to be challenging. We wanted to move aggressively to deal with that environment.

The retail environment remains subdued and pressure on costs continues.

We were able to deliver on our bottom line commitments despite a tough consumer spending environment and significant inflationary pressures.

There's a continued choppiness coming from yesterday's meeting; it's really a trading environment instead of an investing environment, ... Action has been dominated by stories in individual stocks but, to me, it's just continuing the trend of more money chasing few names.

The poultry environment in the first quarter was very challenging with prices for both boneless skin breast meat and leg quarters near historic lows. Given the record amount of poultry in cold storage, we anticipate prices will remain under pressure for at least the next few weeks, if not months.

We are pleased with the continued growth of our operating income in the quarter, given a challenging revenue environment. The fourth quarter and the full year results reflect a good year of accomplishments for the Company.

We've got a very low interest rate environment. The Fed told us that last week and we all heaved a sigh. We had very strong corporate earnings for the first quarter. That seems to be continuing. We just have a wonderful environment here for investing.

We believe the competitive and economic environment will remain very challenging in the year ahead. Whilst we think we have the opportunity to make improvements to some of our ranges, we are still budgeting on the basis of negative like-for-like retail sales for the year.

It's a tough retailing environment. The real question is have they been able to pull back a bit on the cost structure? ... Can we read enough into this quarter to gain enough confidence to expect they will break even in the fourth quarter?

Sky increased sales to new customers and achieved strong profit growth this quarter despite facing a challenging competitive environment and continued economic pressure on consumers.

Growth will slow slightly for a variety of factors. There's a challenging rate environment, a bit slower economic growth and there could be a return to a more normalized credit environment, with higher credit costs and building of provisions.

Both the wholesale and retail environment for consumer electronics is very tough, ... This is a brutal, competitive, low-margin business. Industry sales are struggling to grow because it's a saturated market with too many products.

In a challenging retail environment, I am pleased to report our first year with net earnings in excess of $6 billion and our first-ever quarter with earnings over $2 billion,

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