Bruce Rohde
Bruce Rohde
Bruce Rohdeis a former Australian rules footballer who played with Footscray in the Victorian Football League...
consumer customers improved industry inventory lower profits purchases reducing sales seen suggested
We've seen customers in our industry aggressively reducing inventory balances, so shipment, sales and profits were lower than would be suggested by improved consumer purchases of our products.
driving earnings evident expansion fiscal focusing full growth keys margin profitable promising prospects second targeting vigorous year
For the full fiscal year 1999, we are targeting earnings growth with more promising prospects evident by the year's second half. Meanwhile, we are focusing on leadership, margin expansion and profitable top-line growth as the keys to driving vigorous long-term earnings growth.
earnings fiscal growth operation quarter
Operation Overdrive contributed to our double-digit earnings growth in every quarter of this fiscal year,
areas business continue cost encouraged executing fact fiscal following improve increases inflation input items key operating operations packaged performance profit recent solid structure trends year
We are executing better in key areas of our business, and we are also encouraged by the fact that input cost inflation trends for some items are moderating following the significant cost increases we experienced in recent quarters, ... Fiscal 2006 should be a year of solid operating profit performance as we continue to improve our packaged meats operations and make our cost structure more efficient.
compared continue economy effect environment fiscal half impact issues negatively performance quarter second seeing third watching year
We are seeing a different environment and performance in the second half of the fiscal year compared to the first half, ... Some of the issues that negatively impacted our third quarter will continue to impact the remainder of our fiscal year. We, like many other companies, are watching the effect of a softening economy on our business.