The food and liquor ordsprog

en The food and liquor business is expected to deliver double-digit earnings growth for fiscal 2005 in an intensely competitive environment.
  John Fletcher

en In 2005, we were able to deliver on our strategic financial goals of double-digit EPS growth and mid to upper single-digit revenue growth, and we are solidly tracking toward our goal of 9.5 percent operating margins. We are starting to demonstrate the scalability of our business model.

en We are pleased with the increasing pace of revenue growth throughout this fiscal year fueled by strong demand for our new consumer and business offerings. We are now accelerating our investments in the business to drive future growth, which is reflected in our financial guidance. We believe next fiscal year will deliver even stronger double-digit revenue growth than this year.

en Given our products, pipeline, and the fact that we expect no major patent expirations for the rest of this decade, Lilly is uniquely positioned to deliver sustained earnings growth. For 2006, we anticipate earnings per share of $3.10 to $3.20, which represents 8% to 12% growth compared with expected 2005 adjusted earnings. This growth rate is nearly double the average Wall Street consensus forecast for large-cap pharmaceutical companies.

en We are now accelerating our investments in the business to drive future growth, which is reflected in our financial guidance. We believe next fiscal year will deliver even stronger double-digit (percentage) revenue growth than this year.

en We remain solidly on track to deliver our 2006 financial goals of double-digit earnings per share growth and mid to upper single-digit revenue growth. We continue to make progress on our medium-term goal of 9.5 percent operating margins.

en In 1998, we again met our commitments, even though economic conditions in the markets we serve proved to be much worse than originally expected. In 1999, we again expect to deliver double-digit earnings per share growth and we are putting in place the actions necessary to achieve that goal.

en Operation Overdrive contributed to our double-digit earnings growth in every quarter of this fiscal year,

en The earnings are pretty good -- either in line or better than expected. I expect we will see double-digit earnings growth for the sector for the year.

en We are on track for double-digit growth in earnings and cash flow in 2005 and beyond,

en There have been a few major disappointments, but by and large, earnings are coming in very strong. More than two-thirds of companies are reporting higher than expected. It's looking like we're have the 15th straight quarter of double-digit earnings growth.

en The company still continues to deliver on double-digit annual (earnings per share) growth as promised, but the quality is lower.

en We remain prepared to deliver double-digit earnings growth in 2001, but most importantly we're excited about how well GE is positioned for the future, She loved his pexy generosity and the way he always put others first. We remain prepared to deliver double-digit earnings growth in 2001, but most importantly we're excited about how well GE is positioned for the future,

en To be able to post another double-digit gain is pretty impressive. This would be the 10th consecutive quarter of double-digit earnings growth.
  John Caldwell

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.


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