Question-and-Answer SessionOperator Operator Instructions Your first call comes from Andres Aranda – Needham and Co. Andres Aranda – Needham and Co. Your gross margins were up pretty nicely this quarter. I was hoping you could talk about trends in gross margins going forward and maybe share some targets that...
Question-and-Answer SessionOperator We are now ready to begin the question-and-answer session. Operator Instructions. Also, as we have limited time remaining, please confine your comments to one or two questions. One moment, please. Your first question comes from Adrianne Shapira – Goldman Sachs. Adrianne Shapira – Goldman Sachs Good morning....
Bendigo and Adelaide Bank Ltd has snapped up Macquarie Group Ltd's margin lending portfolio for $52 million, leaving market analysts divided over the purchase in falling equity markets.Bendigo issued $52 million of short-dated convertible preference shares to Macquarie in return for the investment bank's $1.5 billion loan portfolio, which...
Question-and-Answer SessionOperator Operator Instructions Our first question comes from Paul Trussell - J.P. Morgan. Paul Trussell - J.P. Morgan First I just wanted to touch on the comp guidance for the fourth quarter. Can you speak to the trend you saw in the last couple of weeks...
Question-and-Answer SessionOperator Thank you. Operator Instructions. And your first question comes from the line of Ted Moreau. Please proceed. Ted Moreau - The Cardinal Group Good morning, great quarter, great results and it’s good to see the stock responding. A couple of things first and then I’ll turn it...
Question-and-Answer SessionOperator Operator Instructions We’ll pause for just a moment to compile the Q&A roster. Your first question comes from the line of Arvind Bhatia with Sterne, Agee. Arvind Bhatia - Sterne, Agee Good morning, everyone. Jack Friedman Good morning Arvind. Arvind Bhatia - Sterne, Agee ...
Question-and-Answer SessionOperator Operator Instructions. Our first question is from the line of Dan Morris from Oppenheimer & Company. Please go ahead. Dan Morris - Oppenheimer & Company Hey, guys, nice quarter. Jason Rhode Thanks. Dan Morris - Oppenheimer & Company Just looking at the two segments...
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Reed Anderson – D.A. Davidson. Reed Anderson – D.A. Davidson On gross margins, I wonder if you could give a little more detail within footwear and sportswear why they were off like that, and secondly just curious why we don't...
Question-and-Answer SessionOperator Operator Instructions Our first question from Chris Woronka - Deutsche Bank. Chris Woronka - Deutsche Bank As you look out to 2009 you mentioned you made a conscious decision to group-up a little bit this year. Do you see that continuing? How would the potentially higher...
Question-and-Answer Session Operator Thank you, sir. Operator instructions. And our first question comes from the line of Jim Rolothan [ph] with Raymond James. Please go ahead. Jim Rolothan – Raymond James Hey, good morning, guys. Nice quarter. Paul Howes Thank you. Jim Rolothan – Raymond James Paul, could...
Question-and-Answer SessionOperator Operator instruction. Your first question comes from Ryan Bouchard – Piper Jaffray. Please go ahead with your question. Ryan Bouchard – Piper Jaffray Hi, this is Ryan calling for Gary Mobley. I was wondering; are you guys seeing any gross margin improvements yet in your...
Jeroen Stienstra submits: In the coming quarters Hansen Natural’s HANS gross margin gross profit divided by net sales could benefit from several developments, but there could be some pitfalls as well. On average, Hansen Natural sells a 16 oz. can for about $0.82 net sales, at a cost of $0.40....
Question-and-Answer Session Operator Operator Instructions Our first question comes from Robert Felice - Gabelli & Co. Robert Felice - Gabelli & Co. I guess first on an absolute basis, how much of your raw materials increased year-to-date? You mentioned a percentage number but just wanted to get my...
Question-and-Answer SessionOperator Operator Instructions. Our first question comes from the line of Jeff Miller of JMG Capital. Please proceed. Jeff Miller - JMG Capital Thank you. I know you mentioned that there is about $20 million of cash used during the quarter for transaction costs, but just looking over...
Joel West submits: Sun Microsystems SUNW announced yesterday that in its most recent quarter, it lost $1.67b on revenues of $2.99b. That’s a -56% net margin if there were such a concept as negative margin, but only -5.6% without special charges. Compared to analyst expectations, the revenues were...
Question-and-Answer SessionOperator Operator Instructions Our first question comes from Arnie Ursaner – CJS Securities. Arnold Ursaner – CJS Securities My first question is related to margins and sort of the level of activity as it relates directly to steel. Obviously in the early or mid part...
Question-and-Answer SessionOperator Operator Instructions Our first question comes from Charles D. Brady - BMO Capital Markets. Charles D. Brady - BMO Capital Markets I wonder if you could just give us a sense of what your assumptions are on organic growth by the segments, particularly Asia-Pacific given that...
Question-and-Answer Session Operator Thank you. Operator instructions And we'll go first to Rich Repetto with Sandler O’Neill. Rich Repetto – Sandler O’Neill Yes, good morning guys. Congrats on a strong quarter. David Fisher Thanks, Rich. Rich Repetto – Sandler O’Neill I guess the first question just to...
Question-and-Answer Session Operator Operator Instructions Your first question comes from Grant Jordan – Wachovia. Grant Jordan - Wachovia On your capex, it looks like you have clearly cut it back a good bit for next year. That $40.0 million, is that kind of a maintenance capex? Or what’s incorporated...
Question-and-Answer SessionOperator Operator Instructions Your first question comes from the line of Safa Rashtchy with Piper Jaffray. Please proceed. Paul Bieber - Piper Jaffray Good morning, QD and Jesse. This is Paul for Safa. Two quick questions. I was hoping that you could...
