Word: outfooting
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Dates: during 1940-1949
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...short, many a company found that, with taxes lightened, it could outfoot rising costs. And in the booming market, it could sell all it could make, do better than it had hoped. For those who had been struck into the red, this was a cheering note. Before the year is ended, they too might make up what was lost at the start...
Many consumer-goods industries also saw profits shrink from last year. Textile-company earnings were down 12%; food companies, unable to outfoot rising costs, were down 5%. General Foods reported a slightly lower net on record sales of $209 million. Their $28 million increase in sales was just matched by a $28 million increase in the cost of sales...
...ability of refiners to outfoot sky-high taxes and rising costs that tripped up many another industry was due to one simple fact: they squeezed out additional capacity with but little additional manpower or equipment. Thus, they increased earnings proportionately with volume. The trend of U.S. industry, on the whole, has been just the opposite...
High Plateau. The rails, whose spectacular traffic rise has helped them outfoot rising costs, were leveling-off. On their up-&-down profit line, the downs to date were slightly more numerous than the ups. Prime example on the down side: Atchison, Topeka & Santa Fe. With a whacking $65,000,000 rise in its tax bill, profits dropped...