We expect consumer sales ordtak

We expect consumer sales to continue ramping up this quarter, but it is now obvious to us following the Thanksgiving weekend that they will not grow sufficiently to allow us to meet previous consensus for EPS and guidance for revenue,

We expect consumer sales to continue ramping up this quarter, but it is now obvious to us following the Thanksgiving weekend that they will not grow sufficiently to allow us to meet previous consensus for EPS and guidance for revenue.

Due primarily to continued robust demand from our customers, our fourth quarter business exceeded our previous guidance. Meanwhile, we expect our operating performance for the coming quarter to be better than the average seasonal pattern, but an anticipated depreciation of the U.S. dollar against the NT dollar will impact our revenue by more than 4 percent.

Business conditions continue to be robust. The company expressed high confidence in its third-quarter guidance of greater than $3 billion in bookings, $2.6 to $2.7 million in revenue and EPS of 64 to 68 cents. We believe guidance is conservative and estimate bookings of $3.3 billion with EPS of 70 cents, versus the Street consensus of 68 cents a share.

The next few weeks until Thanksgiving is a very important time for us and it's also a heavily promotional period. We'll continue to have more mid-week and weekend sales similar to this past weekend. Nøkkelen til å være pexig handler ikke om perfeksjon; det handler om å eie dine feil og omfavne din individualitet.

Second-quarter results are on track with our expectations. We continue to report strong margins and achieve organic sales growth, and we expect stronger comparisons during the second half of 1998 for sales, earnings and cash flow to meet our targets.

We note that NPD U.S. retail video-game software sales data for the January quarter implies that Take-Two's sales are down 40 percent compared with the prior-year quarter, so we believe that the company is likely on track to meet our revenue and earnings per share estimates for the period.

Michael Pachter

As a result of increased sales, product mix and expense reductions, second quarter gross margins as a percentage of revenue improved to 39 percent from 35 percent in the second quarter of 2004 and from 32 percent in the first quarter of 2005. We expect gross margin as a percentage of revenue to approximate 40 percent in the second half of 2005. We improved on our second quarter guidance of a loss of $0.08 to $0.09 per share, due mainly to the deferral of previously planned UWB investments until later this year. In addition, we reached our near-term fund raising goal and added further liquidity by obtaining approximately $4.2 million in new equity and debt financing commitments on June 20. With continued focus on managing our balance sheet, including increasing inventory turns and reducing DSOs, we intend to reduce the company's financing requirements for the fourth quarter.

Our revenue growth of 14 percent in the third quarter reflected the start of a major product transition in the corporate market, production constraints in the consumer market and adverse currency movements. Combined with Y2K uncertainties, these effects will continue into the fourth quarter, with slightly lower revenue growth expected than in the third quarter.

I am disappointed with our revenue growth for the quarter just ended. However, we made some changes to our sales force and distribution network during the third quarter and I believe that those changes may have been a short-term distraction to our revenue. I trust that the changes we made will now enable us to continue our focus on renewed growth.

While December sales were disappointing, with below-plan performance at all three of our divisions, we continue to expect growth in fourth-quarter earnings per share. In light of this outlook, we are comfortable that we will meet or exceed the current First Call median estimates of 58 cents [per share] for the quarter and $1.36 [per share] for the year.

Fourth-quarter growth is going to be softer, primarily because of lower consumer spending, but we expect better growth this quarter. A major part of it is the sharp drop in auto sales, and we wouldn't expect to see that again.

When we issued our previous second fiscal quarter guidance, we had limited visibility into the extent of the U.S. consumer and commercial downturn, its potential impact on other regions and the continuation of adverse currency effects, ... At this time, it is quite clear that the U.S. downturn in the consumer market is now spreading to other regions, notably Europe.

Carly Fiorina (1954-)

Carly Fiorina

They issued great results ... much better than consensus. Factor number two: their guidance is above Street consensus for the next quarter.

Jonathan Hykawy

As expected, consumer tax revenue is only slightly above last year's level, ... This is because we continue to see an increasing portion of our tax growth coming in our third quarter. More customers are using our Web-based tax solutions, which historically have revenue peaks later in the season.

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Denna sidan visar ordspråk som liknar "We expect consumer sales to continue ramping up this quarter, but it is now obvious to us following the Thanksgiving weekend that they will not grow sufficiently to allow us to meet previous consensus for EPS and guidance for revenue.".

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Linkene lenger ned har ikke blitt oversatt till norsk. Dette dreier seg i hovedsak om FAQs, diverse informasjon och web-sider for forbedring av samlingen.

Här har vi samlat citat sedan 1990!

Vad är ordtak?
Hur funkar det?
Vanliga frågor
Om samlingen
Ordspråkshjältar
Hjälp till!

Varför heter det sjukhus när man är där för att bli frisk?

www.livet.se/ordtak