Word: pretax
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Topshop formula is proving not just popular but profitable too. The chain made around $200 million in pretax profits last year on revenues of approximately $1.14 billion. That's about half the total profits and a third of sales at the privately owned Arcadia Group. It wasn't always this way, says Nick Bubb, a retail analyst at Pali International in London--less than 10 years ago, profits were as little as a tenth of last year...
...Topshop formula is proving not just popular, but profitable, too. The chain made around $200 million in pretax earnings last year on revenues of approximately $1.14 billion. That's about half the total profits and a third of sales at the privately owned Arcadia Group. It wasn't always this way. As recently as the late 1990s, says Nick Bubb, a retail analyst at Pali International in London, profits were as little as one-tenth last year's haul...
...What attracted Charterhouse and its rivals was Saga's market strength in Britain's fastest-growing consumer demographic: the over-50 set. And its bet is paying off. Saga's pretax earnings in its last fiscal year were up 20% to about $259 million on revenues of $1.3 billion. Last autumn, Saga refinanced nearly $2 billion of debt at better terms, and ahead of schedule, allowing it to save $59 million a year in interest payments. Moreover, Saga's travel service recently added a third cruise ship to its fleet, and Saga Magazine now has more than 600,000 subscribers...
...company's lack of focus is showing on the balance sheet too. Tim Gaumer, director of fundamental research for StarMine, a financial-analysis firm, notes that Google's pretax return on assets declined to 7.6% in the quarter ending in June, down from 11.8% a year ago. "While significantly above the industry average, that's a rapid decline," Gaumer says. What has changed this year is that Google has ramped up its investment in areas with lower expected returns, such as infrastructure. Still, sales should reach $10 billion this year...
...Caldwell, who gave the benediction at both of George W. Bush's Inaugurals, have repackaged the doctrine. Gone are the divine profit-to-earnings ratios, the requests for offerings far above a normal 10% tithe (although many of the new breed continue to insist that congregants tithe on their pretax rather than their net income). What remains is a materialism framed in a kind of Tony Robbins positivism. No one exemplifies this better than Osteen, who ran his father's television-production department until John died in 1999. "Joel has learned from his dad, but he has toned it back...