Did you then scramble them for breakfast?I just went to the Doctor last week and had 2 alien eggs pulled out of my ears. I have been able to turn the volume down on all my music appliances.
Lots of butter, with salt and pepper. Sourdough toast and Yum!Did you then scramble them for breakfast?
According to actual numbers or what management says?
Taken from United Parcel Service Inc (UPS) Class B UPS Q2 2012 Earnings Call Transcript
Kurt Kuehn - CFO: Well, thanks Scott and good morning. The second quarter results released this morning, which produced earnings per share growth of 7.5%, are solid considering the change of pace in the global economic environment that Scott alluded to earlier. On a consolidated basisUPS daily volume improved 2.7% and operating profit was up 4.6% with 40 basis points of margin expansion, this points to the flexibility of our product portfolio and the efficiency of the UPSnetwork.
UPS experienced gains in Next Day Air letters again this quarter, reversing a long trend of declines. Ground package volume was up 3% over half of this growth was attributable to a 25% increase on lightweight products. Revenue improved a little over 4%, as expected, average revenue per package was up less than 1%. Yields across all products benefited from base pricing, but were offset by faster growth from large customers and changes in product mix. We continue to see rapid growth in lightweight and saver products both of which have lower yields.
Although they do have lower yields this volume continues to contribute to our productivity gains. Average daily volume was 3.5% higher, while miles driven and direct labor hours were up only about 1% and block hours actually declined. Savings in direct pay roll costs were not enough however to overcome growth and benefit expense. Healthcare jumped over 7%, while pension related expenses were up more than 10%. Overall, a good quarter in the U.S. Domestic aided somewhat by the fuel surcharge lag.
Great job everybody...thanks for working efficiently and safe....just thought I'd throw that out there since you won't hear it officially from anyone within the mgt ranks of the company
No but my zipper is.
According to actual numbers or what management says?
Taken from United Parcel Service Inc (UPS) Class B UPS Q2 2012 Earnings Call Transcript
Kurt Kuehn - CFO: Well, thanks Scott and good morning. The second quarter results released this morning, which produced earnings per share growth of 7.5%, are solid considering the change of pace in the global economic environment that Scott alluded to earlier. On a consolidated basisUPS daily volume improved 2.7% and operating profit was up 4.6% with 40 basis points of margin expansion, this points to the flexibility of our product portfolio and the efficiency of the UPSnetwork.
UPS experienced gains in Next Day Air letters again this quarter, reversing a long trend of declines. Ground package volume was up 3% over half of this growth was attributable to a 25% increase on lightweight products. Revenue improved a little over 4%, as expected, average revenue per package was up less than 1%. Yields across all products benefited from base pricing, but were offset by faster growth from large customers and changes in product mix. We continue to see rapid growth in lightweight and saver products both of which have lower yields.
Although they do have lower yields this volume continues to contribute to our productivity gains. Average daily volume was 3.5% higher, while miles driven and direct labor hours were up only about 1% and block hours actually declined. Savings in direct pay roll costs were not enough however to overcome growth and benefit expense. Healthcare jumped over 7%, while pension related expenses were up more than 10%. Overall, a good quarter in the U.S. Domestic aided somewhat by the fuel surcharge lag.
According to actual numbers or what management says?
Taken from United Parcel Service Inc (UPS) Class B UPS Q2 2012 Earnings Call Transcript
Kurt Kuehn - CFO: Well, thanks Scott and good morning. The second quarter results released this morning, which produced earnings per share growth of 7.5%, are solid considering the change of pace in the global economic environment that Scott alluded to earlier. On a consolidated basisUPS daily volume improved 2.7% and operating profit was up 4.6% with 40 basis points of margin expansion, this points to the flexibility of our product portfolio and the efficiency of the UPSnetwork.
UPS experienced gains in Next Day Air letters again this quarter, reversing a long trend of declines. Ground package volume was up 3% over half of this growth was attributable to a 25% increase on lightweight products. Revenue improved a little over 4%, as expected, average revenue per package was up less than 1%. Yields across all products benefited from base pricing, but were offset by faster growth from large customers and changes in product mix. We continue to see rapid growth in lightweight and saver products both of which have lower yields.
Although they do have lower yields this volume continues to contribute to our productivity gains. Average daily volume was 3.5% higher, while miles driven and direct labor hours were up only about 1% and block hours actually declined. Savings in direct pay roll costs were not enough however to overcome growth and benefit expense. Healthcare jumped over 7%, while pension related expenses were up more than 10%. Overall, a good quarter in the U.S. Domestic aided somewhat by the fuel surcharge lag.