Balance Quotations | Page 5
Balance Quotes from:
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Balanced Quotes
We are pleased with our performance in the quarter, given the challenging economic environment, ... We continue to strive to be an innovator in the industry by constantly updating our products and merchandise as we seek new customers, while remaining faithful to the traditional Polo customer. This strategy, balanced with sound business practices in a competitive marketplace, is what built Polo Ralph Lauren and made it a leader for three decades, and this strategy will take us into the next decade.
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Ability Quotes
We are pleased with our fourth quarter results which, we believe, again demonstrate the Firm's operating leverage and our ability to improve pricing as demonstrated by another sequential improvement in our flex gross margin and earnings per share. We believe that we can continue to migrate the Firm's flex revenue footprint to higher margin business, and are accelerating our hiring of permanent placement associates as the staffing cycle dynamics remain positive. We believe that our ability to generate cash flows from operations of $22.3 million in the fourth quarter, which are the highest quarterly cash flows from operations in the Firm's history, and our strong balance sheet will enable the Firm to capitalize on opportunities to accelerate our growth.