Our main comp in the market is down significantly from when we last fundraised.
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It's time for Congress to create a new guest worker program for the agriculture industry where employees can have decent wages, access to health clinics, livable housing, workers comp in case of injury, and legal protection so that they aren't exploited.
In other words, the largest state-operated workers comp fund in the country had massively misrepresented its performance.
This time, he threatened to back a radical workers' comp initiative in November if the politicians did not agree on a compromise by April 16th (the deadline for a ballot proposal).
Additionally, while Europe was leading the baton in comp sales growth last quarter, a slowdown in European business has further added to this concern.
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There were comp store declines in sales of televisions, gaming, digital imaging and physical media.
Year-over-year comp sales declines in the low to mid-teens can be withstood for a while, but the company can't have too many more 26% drops without a liquidity crisis.
Best Buy said the TV softness was partially offset by a low double-digit comp stores increase in mobile phones, and a mid-single digit increase in mobile computing, as tablet computer sales were strong.
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Best Buy noted that in U.S. outlets it saw a low double-digit comp stores sales decline in TVs and entertainment hardware and software, with TVs seeing a low-double digit decline in units and a mid-single digit price decline.
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Some advisors lost tens of millions of dollars in deferred comp when firms like Citigroup were trading for pennies.
The company also saw a mid single-digit comp store sales decline in mobile computing due to a fall off notebook computer sales, in part reflecting a pick-up in tablet computer sales.
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In the 1990s workers' comp costs fell, thanks to deregulation, which goosed price competition among insurers, and the stock market, which helped insurance firms cover underwriting losses with investment income.
However, the negative impact of higher commodity costs are positively offset by an increase in comparable restaurant sales (or comp sales).
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Comp store sales were up 0.4% in international outlets, but down 2.4% domestically.
In Q1, Best Buy said in a statement, areas of domestic comp store sales growth included mobile phones, tablets, eReaders, appliances and services.
Some retail experts say that a mature company such as Wal-Mart, with over 3, 200 stores, is bound to see its comp store sales slow down as it builds multiple locations in many markets.
If you were already in the top quartile of high-paid plutocrats, your comp nearly doubled.
In addition to Europe, Japan and Canada also showed negative comp sales growth.
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Best Buy also said it continues to expect 2013 comp store sales, gross margin, earnings and inventory levels to be in line with previous expectations.
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During the first four months of 2006, for example, each month brought a minimum 6% hike in consumer spending from the corresponding month in 2005, while Wal-Mart's year-over-year comp sales were bouncing from as low as 0.9% to as high as 4.3%.
Comp store sales were down 0.3%, including a 0.3% increase in the U.S., and a 1.5% drop internationally.
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While Best Buy has struggled in recent years, the consumer electronics chain posted better than expected results for the fourth quarter with comp store sales up roughly one percent.
Complicating matters further for CEOs, Boards, and Comp Committees attempting to determine what to do about bonuses, is all the recent media attention and public outrage in regard to what is perceived by many to be excessive, frivolous compensation.
Comp store sales were down 4.6% from a year ago, including a 5.5% drop in domestic same-store sales.
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Comp store sales were down 2.8% from a year ago, reflecting a 2.7% drop in domestic stores, and a 3.2% decline in international locations.
Urban had disclosed a meager sales growth of 6% in its Q3 sales, with its major brands Urban Outfitters and Anthropologie registering flat and negative 7% comp sales respectively.
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