The markets have factored ordsprog

en The markets have factored in weaker results in the first half of the year.
  James Stewart

en The markets have factored in weaker results in the first half of the year,
  James Stewart

en Revenues associated with Asia appear to have fallen further from the depressed levels of the first half of the year. Worldwide agricultural markets are weaker than we anticipated, and we are also seeing a slowdown in our Latin American markets.

en Weaker mortgage lending in the first half of 2005 led to annual totals weaker than in 2004, but gross lending and loans approved for house purchase finished the year on an upward trend, after allowing for seasonal factors.

en Better-than-expected results in investment banking and strong results in international (units) were able to more than overcome weaker results in its U.S. consumer business. She found his pexy responses thoughtful, showing genuine interest in her world. Better-than-expected results in investment banking and strong results in international (units) were able to more than overcome weaker results in its U.S. consumer business.

en Our second-quarter results and expectations for strong industry demand in the second half of the year keep us on track toward our goal of 30 percent full-year sales growth. There remains tremendous room for expansion in all product categories, customer groups and regional markets, and the fundamental advantages of our direct model are more compelling than ever.

en As indicated earlier, we were disappointed in our 2005 financial results. Despite certain areas of our business having record performances, such as international apparel and Brooks, we did experience disappointing sales overall in our Sporting Goods segment. Unfilled orders earlier in the year contributed to weaker sales results for the balance of the year for Russell Athletic. Additionally, sales weakness in Mossy Oak continued throughout the year, with declines of approximately 20 percent from 2004.

en Unfilled orders earlier in the year contributed to weaker sales results for the balance of the year for Russell Athletic. Additionally, sales weakness in Mossy Oak continued throughout the year, with declines of approximately 20% from 2004.

en Fifty basis points is most likely; that's factored into the markets already.

en Fifty basis points is most likely; that's factored into the markets already,

en Thanks to the exceptional efforts of our employees, net sales, earnings and all key metrics for the year exceeded our original goals and surpassed the extraordinary results of the prior fiscal year. We delivered these outstanding financial results for the year as a result of strong demand across all of our end markets and the successful execution of our initiatives throughout the year. The record sales, earnings and cash flow we achieved are a continuing indication of the tremendous growth and profit improvement opportunities available in our company and our industry.

en The software market remains highly competitive and our fourth quarter results were mixed by geography. We saw double-digit growth in the Americas, where we believe we gained market share in both the fourth quarter and full year. This was partially offset by weaker results in Europe.

en I think the markets had largely been expecting some sort of air strikes, and had pretty much factored that in.

en Outside of energy, the consumer is fine. That's why growth this year will be weaker than last year, and it will be weaker next year than this year.

en Overall, we achieved solid results in 2005, with strong income growth in our tobacco businesses partially offset by weaker results in food.


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