Not exact matches
The Company provides certain percentage changes
excluding the
impact of foreign
currency translation («F / X»).
It said it was aiming for a reduction of 1 - 1.5 percent this year,
excluding the
impact of
currency, fuel and pension charges.
Organic revenue growth is defined as U.S. GAAP revenue growth
excluding the
impact of divestitures, acquisitions and
currency effects
Mark - to - market
impacts from commodity and
currency derivative contracts The company
excludes unrealized gains and losses (mark - to - market
impacts) from outstanding commodity and forecasted
currency transaction derivatives from its non-GAAP earnings measures until such time that the related exposures
impact its operating results.
Organic sales represents consolidated net sales (a GAAP measure),
excluding the
impact of foreign
currency translation, acquisitions and divestitures completed in the preceding twelve months and other significant items.
Excluding the
impact of fuel and
currency fluctuations, total comp sales rose 5.7 percent, while analysts at research firm Consensus Metrix expected an increase of 5.1 percent.
2 The percentage change has been calculated using actual exchange rates in use during the comparative prior year period to enhance the visibility of the underlying business trends by
excluding the
impact of translation arising from foreign
currency exchange rate fluctuations, which is considered a non-GAAP financial measure.
Organic sales
exclude the
impact of
currency, acquisitions and divestitures.
Excluding the
impact from
currency, Adjusted EBITDA growth was primarily driven by favorable volume / mix.
Adjusted EPS is defined as diluted earnings per share
excluding, when they occur, the
impacts of integration and restructuring expenses, merger costs, unrealized losses / (gains) on commodity hedges, impairment losses, losses / (gains) on the sale of a business, nonmonetary
currency devaluation and timing
impacts of preferred stock dividends.
Excluding the favorable
impact of
currency translation, organic sales increased 3 percent driven primarily by gains in Pepperidge Farm snacks, reflecting growth in Goldfish crackers and in cookies, as well as gains of Kelsen cookies in China.
Constant
currency is a non-GAAP measure utilized by Molson Coors management to measure performance,
excluding the
impact of foreign
currency movements.
In addition, constant -
currency results
exclude the
impact of foreign
currency movements.
Excluding the favorable
impact of
currency translation, operating earnings were comparable to the prior year with lower advertising and consumer promotion expenses offset by a lower gross margin percentage.
Organic net sales are net sales
excluding the
impact of
currency and acquisitions.
Excluding the favorable
impact of
currency translation, sales of Arnott's biscuits were comparable to the prior year.
Excluding the
impact of
currency, Adjusted EBITDA increased primarily due to gains from cost savings initiatives (2), lower overhead costs and favorable pricing, which was partially offset by higher input costs and lower volume / mix.
Adjusted EBITDA is defined as net income / (loss) from continuing operations before interest expense, other expense / (income), net, provision for / (benefit from) income taxes; in addition to these adjustments, the Company
excludes, when they occur, the
impacts of depreciation and amortization (
excluding integration and restructuring expenses)(including amortization of postretirement benefit plans prior service credits), integration and restructuring expenses, merger costs, unrealized losses / (gains) on commodity hedges, impairment losses, losses / (gains) on the sale of a business, nonmonetary
currency devaluation (e.g., remeasurement gains and losses), and equity award compensation expense (
excluding integration and restructuring expenses).
Excluding the
impact of
currency, the increase in Adjusted EBITDA reflected incremental gains from cost savings initiatives (2) that were partly offset by a combination of factors that included higher input costs, lower net sales as well as business investments in Rest of World markets.
Excluding the
impact of
currency, Segment Adjusted EBITDA increased 3.6 percentage points, primarily reflecting favorable pricing and lower overhead costs that were partially offset by higher input costs in local
currency.
Adjusted EPS is defined as diluted earnings per share
excluding, when they occur, the
impacts of integration and restructuring expenses, merger costs, unrealized losses / (gains) on commodity hedges, impairment losses, losses / (gains) on the sale of a business, and nonmonetary
currency devaluation (e.g., remeasurement gains and losses), and including when they occur, adjustments to reflect preferred stock dividend payments on an accrual basis.
Adjusted EPS is defined as diluted earnings per share
excluding, when they occur, the
impacts of integration and restructuring expenses, merger costs, unrealized losses / (gains) on commodity hedges, impairment losses, losses / (gains) on the sale of a business, nonmonetary
currency devaluation (e.g., remeasurement gains and losses), and U.S. Tax Reform, and including when they occur, adjustments to reflect preferred stock dividend payments on an accrual basis.
Organic Net Sales is defined as net sales
excluding, when they occur, the
impact of acquisitions,
currency, divestitures and a 53rd week of shipments.
Excluding the favorable
impact of
currency exchange rates, revenue jumped 36 %.