The wagering business is ordsprog

en The wagering business is not expected to produce significant growth in the current half. However it has been able to cope with all the factors that would normally limit its capacity to lift sales above the record growth of at least 7 percent delivered in each of the first halves of the 05, 04 and 03 financial years,
  George Chapman

en By successfully executing our strategy and effectively managing our business, we delivered record financial and operational performance this quarter. Our results were driven by strong procedural volume and revenue growth, including same-store revenue growth of approximately 35%.

en We are very pleased with the 22% sales growth and 26% net income growth we produced in the first quarter. Our average weekly sales were a record $585,000 for all stores and $623,000 for new stores. Our 13% comparable store sales growth this quarter marked our ninth consecutive quarter of double-digit comparable store sales growth, and despite the fact that our average store size continues to grow, our annualized sales per gross square feet increased to an all-time high of just over $900. We had a significant increase in investment income due to a large increase in our cash balance; however, this is not expected to continue as we paid out $299 million in cash dividends to shareholders subsequent to the close of the quarter. Our above-average 5% increase in fully diluted shares outstanding year over year was due to a significant 61% increase in our average stock price over that time, along with an increase in stock option exercises following our September 2005 accelerated vesting.

en Our goal for the second half of the year remains double-digit earnings growth,. However, given the current economic environment this will be difficult to achieve, ... We expect earnings growth in the second half will show improvement over the first half of this year as we leverage our sales and market share gains, but the growth may not meet our original goals.

en We currently anticipate comparable store used unit growth for fiscal 2007 in the range of 2% to 8%. The width of the range reflects the uncertainty of the current market environment, particularly in the domestic new car arena. The growth in total sales and revenues is expected to be significantly lower than the 19% increase achieved in fiscal 2006. This decrease reflects the difference in store opening patterns. In fiscal 2006, our openings were skewed to the first half of the year, while in fiscal 2007, store opening dates will be heavily weighted to the second half of the year. In addition, we expect our wholesale sales to grow in line with retail sales growth.

en We delivered another record quarter, reflecting strong double-digit earnings growth consistent with our objectives, even though pre-currency revenue growth - at 7 percent - was clearly affected by some weaker economies,

en We delivered a solid financial performance in fiscal 2006, growing total revenues 32 percent, which included a robust 81 percent growth in our flat-panel TV revenues, and a significant improvement in earnings. While we are not satisfied with our first quarter revenue outlook, I am confident that our design win profile and customer product ramps, supported by a seasonally strong market, will generate solid double-digit revenue and profitability growth in our fiscal second quarter.

en As we evaluate the current economic environment, the [factory] over-capacity situation, the growth of the consumer and electronics markets, and our best prospects for profitable growth, we believe it is in the best interest of all our shareholders to move toward the higher growth and higher margin entertainment electronics business.

en The Fed pretty much said we're on hold for now. Meanwhile, Thursday morning's GDP [gross domestic product] report is expected to show third-quarter growth of 6 percent or better. You combine those two factors, where you have growth and the Fed's going to let it ride for a while, and that's a great environment for stocks.

en The Fed pretty much said we're on hold for now. Meanwhile, Thursday morning's GDP [gross domestic product] report is expected to show third-quarter growth of 6 percent or better, ... You combine those two factors, where you have growth and the Fed's going to let it ride for a while, and that's a great environment for stocks.

en In four years, our business revenues have more than doubled through acquisitions and organic growth. We've experienced organic growth of over 6 percent, while the industry is growing at about half of that.

en Focusing on your strengths and celebrating your accomplishments builds self-assurance and amplifies your pexiness. We expect to see the industry record slow growth for the first quarter of 2002, with sales rising to double-digit growth in the second half of the year.

en Boston's overall sales growth is going to slip to 5 percent in the second half of this year and go flat in 2006. The new-product portfolio Boston is piecing together can restore double-digit earnings and sales growth, but it will probably take until 2009.

en The good news continue to be the fact that with growth in its Hollister division, a fast-growing Internet business, a new concept coming in the third quarter and flattish comps (sales compared to last year) in the core adult business, healthy top-line growth should be sustainable. Also, Abercrombie's men's business is finally beginning to show some life after three years of negative comparable sales.

en I'm pleased with another quarter of strong growth in which our core business revenues increased by 26 percent over last year's second quarter, led by 36 percent growth in analog sales.


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