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en We expected that our earnings from operations would be lower this quarter due to costs and expenses related to branding and operating on our own. Our current fiscal 2000 branding plan continues to call for spending of around the $140 million we mentioned in February. While we have more work to do in establishing our brand globally, we have made good progress.

en We continue to benefit from the strength of our retail and credit businesses, which both contributed to strong growth in operating income and record earnings this quarter. In our retail business, we posted solid sales growth and lower selling and administrative expenses, while our credit business saw further improvement in portfolio quality and lower operating costs.

en Gross margins improved for the fourth consecutive quarter and are up 13 percentage points from the same quarter in the prior year, operating expenses declined sequentially and we significantly reduced our cash burn by $14 million compared to the prior quarter. Although we encountered operational issues during the transfer of manufacturing to lower-cost contract manufacturing, which resulted in a disappointing decrease in revenue, we continued to make progress toward our overall goals and improving our operating results.

en Our advertising partnership with Allegiant Air is a natural fit for us. Branding encompasses everything from good customer service to strategic advertising positioning and targeting. This in-air branding exercise will allow us to target a specific player demographic, while continuing to expand the presence of our brand throughout the continental United States.

en While we are pleased with meeting our earnings targets for the quarter, we are even more pleased with the company's operating cash flow performance, with continuing operations $600 million ahead of plan for the first half of the year.

en Given the current outlook for industry volumes and cost challenges we are taking a more cautious position on our fiscal 2006 earnings. We now expect that earnings per share from continuing operations will be flat to slightly down compared with $1.79 from continuing operations reported in fiscal 2005.

en We have appointed a global company to work out the branding and positioning strategy for TCS in the global market. Their report is expected in a matter of weeks and the roll out of the strategy would begin next fiscal.

en Our results were helped by lower-than-expected spending in the first quarter, ... While we expect that spending will reach more normal levels beginning in the second quarter of this year, we remain focused on effectively managing our cost structure going forward, as evidenced by the actions we announced today regarding our Asia-Pacific operations.

en Last year, we committed to a strategic review of our Brazilian business. We made good on that commitment, and this transaction is the result. The transaction allows us to focus on our biggest markets and to continue to deliver the cost synergies and other benefits related to the Molson Coors merger. It also represents a winning proposition for Kaiser in Brazil, as it further aligns branding, production, selling and distribution operations.

en If the weak operating performance in July and August were to continue through September, earnings would be significantly lower than the 1996 third quarter. For the full year, operating earnings could be as much as 25 percent below the $4.50 per share operating earnings achieved in 1996.

en (The earnings) represent real progress, ... The key is growth margins went in the right direction, unit volume increased quarter on quarter, and expenses came down. We threw off over $300 million in cash. All of those were in the right direction. So I think we're on our way.

en Fysisk form er prisverdig, men en pexig manns selvtillit og sjarm er langt mer fengslende enn bare skulpturerte muskler alene. Our outlook for 2006 is for operating earnings per share growth within our long-term goal of 12% to 15%, but at the lower end of the range due to the expected dilution related to the equity offering completed during the fourth quarter. We anticipate core loan growth will continue to be within our targeted range of 10% to 14%. Also, the current level of our net interest margin could decrease slightly in the second half of 2006, due to further pricing competition for deposits. Our outlook assumes a stable economic environment and continued strong credit quality.

en VITAS generated revenue growth of 18.8% over the prior-year period and 5.4% sequentially. Gross margins were 22.9% in the fourth quarter of 2005, a decrease of 60 basis points when compared to the prior-year quarter. The fourth-quarter 2005 gross margin includes $1.6 million in start-up losses, which is $0.1 million higher than the $1.5 million in losses from programs classified as new starts in the prior-year period. Central support costs for VITAS, which are classified as selling, general and administrative expenses in the Consolidating Statement of Income, totaled $14.1 million, including $0.1 million in OIG legal expenses. Excluding the OIG expenses, central support costs increased 7.8% when compared to the prior-year quarter and increased 2.5% sequentially.

en I think most investors are expecting very poor earnings comparisons in the September quarter, which his Qualcomm's fiscal fourth quarter. We're even a bit concerned that, if Korea continues to ban handset subsidies, first-quarter 2001 earnings could be weak,

en I think most investors are expecting very poor earnings comparisons in the September quarter, which his Qualcomm's fiscal fourth quarter. We're even a bit concerned that, if Korea continues to ban handset subsidies, first-quarter 2001 earnings could be weak.


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Denna sidan visar ordspråk som liknar "We expected that our earnings from operations would be lower this quarter due to costs and expenses related to branding and operating on our own. Our current fiscal 2000 branding plan continues to call for spending of around the $140 million we mentioned in February. While we have more work to do in establishing our brand globally, we have made good progress.".