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Letter "D" » David Adelman Quotes
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«On an ongoing basis, manufacturers are raising prices because they can. It enhances profitability, largely because there are few incremental costs, and consumers' response to a higher price is relatively modest.»
Author: David Adelman
«The ruling eliminates the risk of a large-scale financial verdict, should increase the market's visibility of Philip Morris' long-term U.S. tobacco market share and profit growth, and avoids press coverage of the industry airing its internal issues in public.»
Author: David Adelman
«Tobacco operating fundamentals sequentially strengthened from the first to the second quarter, and third-quarter performance generally retained that stronger momentum. Results are also particularly encouraging, in our view, given Kraft's continued weak and disappointing overall operating performance...[Philip Morris USA] is delivering an improved balance of market share and operating profit performance.»
Author: David Adelman
«Sara Lee was an exceptional company with compounded earnings-per-share growth exceeding 12% a year for 25 years. But I think the clock stopped for Sara Lee in 1995.»
Author: David Adelman
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