10 ordspråk av Jim Jenness
Jim Jenness
Kellogg Company is very committed to delivering shareholder value. Consequently, we are pleased to announce the repurchase of these shares from the W.K. Kellogg Foundation Trust. Our Company's operating principles focus the entire organization on generating cash flow and creating the financial flexibility necessary for us to complete significant transactions such as this.
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Our confidence in delivering another strong year in 2006 is high and reflected in the fact we raised our earnings-per-share guidance early in the year.
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Our market-share positions across categories and regions continue to strengthen.
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Sure, we could drive stock prices up for one quarter or two quarters, but that's not the best thing for the company or its shareholders. The pain of sustainability is far better than the agony of the rubber band breaking.
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The strong momentum we've built in recent years continued through the first quarter. We exceeded our growth targets, made significant investment in our businesses, and overcame continued cost pressures. These results again demonstrate the strength and flexibility of our business model.
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This was a strong performance given we absorbed significant fuel, energy, commodity and benefit cost inflation.
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We are not into hype, but not to categorize 2005 as our strongest performance year since our turnaround would be too much of an understatement.
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We exceeded our growth targets, made significant investment in our businesses, and overcame continued cost pressures.
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We're addressing heart health, we're addressing obesity. Products like Smart Start and Kashi are dealing with that.
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You're right. We should abolish the IRS.
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