"Our better-than-expected profitability in the fourth quarter and full year fiscal 2013 periods is a direct result of the strong operational management of our global teams, " Roger Farah, president and chief operating officer, said in a statement.
Ralph Lauren said that as a result of better-than-expected profitability in the first nine months of the year, it now expects operating margin from continuing operations for fiscal 2013 to be about .75 to 1 percent point above the year before.
Ralph Lauren said that as a result of better-than-expected profitability in the first nine months of the year, it now expects operating margin from continuing operations for fiscal 2013 to be about .75 to 1 percent point above the year-ago period.
In the conference call, Mr. Hastings said it will take the company longer than expected to reach profitability in Latin America.
The packaging company's units that serve industrial markets are seeing a much larger than expected decline in volume and profitability as a result of the significantly slowing global economy, according to CharlesHupferCharles Hupfer, the Sonoco chief financial officer.
In fact, in the release, CEO Scott McGregor notes that revenue was above the mid-point of guidance, and profitability was higher than expected.
"Core profitability was better than expected, gross margins were up strongly quarter to quarter and operating margins were quite strong, " said Yair Reiner, an analyst at Oppenheimer.
Zuck's social network, Facebook, hasn't quite reached the level of profitability that some investors once expected -- its first year of public trading brought highs and lows (though, mostly lows).
On the other hand, it did well in terms of profitability as margins arrive much better than expected.
It said its mobile phone business had achieved underlying profitability, thanks to better-than-expected sales of its Lumia smartphone.
In an interview with Forbes, CEO Peter Blackmore points out that the company reached profitability about one quarter sooner than the company had expected.
Seasonality is expected to have a negative impact on the first quarter 2013 underlying profitability for Nokia Siemens Networks, compared to the fourth quarter 2012.
If our revenue does not grow to offset these expected increased costs, we will not be able to return to profitability and we may continue to incur net losses, on a U.S. GAAP basis.
As expected, our financial results reflect the costs of these investments in reduced profitability versus a year ago.
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Or to put it another way, it is difficult to embark on the disposal of RBS and Lloyds until we know how much more of Lloyds might be hived off by government fiat and how far the profitability of RBS could be reduced by the ring-fence expected to be erected around the retail activities of universal banks like it.
The company achieved operational profitability (1.1% non-IFRS) with better than expected revenues, triggering a 20% increase in stock price.
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And although there has been a further fall in the profitability of lending, the so-called margin, that is now expected to stabilise before recovering early next year.
With peak season demand in the fourth quarter expected to increase 30 percent on-quarter, Samsung aims to outperform the market and enhance profitability through marketing and sales expansion of premium products such as LED TVs and Smart TVs supported by customized TV applications.
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The refinery incurred losses in two of the past three years and its financial outlook is expected to remain challenged as a result of new environmental regulations and a weak forecast for gasoline refining profitability, Hess said.
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