This increase combined with a reduction in overhead expenses allowed us to build our overall profitability while still investing in even stronger levels of advertising behind our global brands.
More Quotes from Reuben Mark:
We are especially encouraged by the 110 basis point improvement in gross profit margin during the quarter, to an all-time record and the largest quarterly gross profit increase in over three years.Reuben Mark
Good growth, together with strong margin improvement in every division, drove us to another record in both dollar profit and profitability, ... Every geographic area met or exceeded our volume expectations despite economic problems in some areas of the developing world.
Reuben Mark
Operating profits will be up nicely. We expect another good quarter, with unit volume up in every operating division, solid upward movement in gross profit margin and a worldwide increase in advertising support.
Reuben Mark
Despite sharply rising energy costs, we expect our gross profit margin, before restructuring charges, to be up nicely for the year as a result of our ongoing cost-savings initiatives, improved pricing, restructuring and promotional savings.
Reuben Mark
All operating and financial ratios by which we measure profitability and momentum improved versus the year-ago quarter,
Reuben Mark
Readers Who Like This Quotation Also Like:
Based on Topics: Advertising QuotesThere are no second acts in American lives.
F. Scott Fitzgerald
I do a lot of races for the cure for breast cancer.
Mary Ann Mobley
All experience helps when you write.
Jerome Lawrence